Knowledge Center: Asset Optimization
Make the most of what you have. That's always a good strategy, and even more so in these economically constrained times when the dollars to spend on new equipment are much harder to come by. As detailed in the latest addition to the Control Engineering Asia Knowledge Center, Asset Optimization technology and services enable critical plant systems to be kept at the peak of operating health to ensure consistent process performance and maximum facility uptime.
ASSET OPTIMIZATIONSustainable Demand for Plant Asset Management
The worldwide 2008 market for plant asset management (PAM) systems has grown at an average of over 13 percent per year since 2006, eclipsing the previous forecast of nearly 11 percent, according to the 2009 ARC Advisory Group study, “Plant Asset Management Systems Worldwide Outlook”. More >
The Case for Condition Monitoring
For years, conventional wisdom held that the longer a piece of equipment was in service, the more likely it was to fail. More >
Towards Intelligent Prognostics
The vision of the National Science Foundation Industry/University Cooperative Research Center (I/UCRC) on Intelligent Maintenance Systems (IMS) is to develop a systematic approach in advanced prognostics to enable products and systems to achieve nearzero breakdown reliability and performance. More >
Online Corrosion Monitoring
The subject of amine unit problems in petroleum refineries and petrochemical applications has been extensively addressed in the literature over the past 40 years. More >
Plant Maintenance: People, Process, and Technology
As plant maintenance increasingly gravitates towards more sophisticated, proactive approaches, James Reyes-Picknell argues that in the race to get the latest technology, people and process are all too often neglected. More >
Corrosion Prediction for Refineries
Risk Based Inspection (RBI) is a structured methodology that facilitates incorporation of the current state of a piece of equipment (inspection data) and inferences about likelihood of failure derived from inspection and process data into decisions about asset integrity, maintenance and resource allocaiton. More >
