Maintaining the physical health of your assets can be a challenge, and it becomes even more challenging when your organization is in a “cost-cutting mode,” while still attempting to optimize performance and maintain safety. Failures such as mechanical failure, operator error or lack of oversight can cause unplanned downtime and significant costs to the organization. For instrumentation and process control professionals, it’s often unclear how their day to day actions impact the bottom line. To support larger business goals, process control professionals can adopt an asset performance management (APM) strategy that helps capture and analyze machine data to transform…Full Story
Rockwell Automation acquires Automation Control Products; Schneider Electric, Honeywell unveil new product offerings.