Digital Asset Management

Digital Asset Management

Perhaps the most common application of machine learning in the process industries is to support predictive maintenance. Anomaly detection is widely used to identify equipment performance degradation much earlier than using traditional condition monitoring systems and data analytics. However, the use of artificial intelligence to improve reliability and reduce maintenance costs is still in its infancy.

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Data Integration and Knowledge Management in the Process Industry

Data Integration and Knowledge Management in the Process Industry

Digital systems were first widely implemented in the process industries in the 1970`s. Since then there has been a sea of process data and a proliferation of databases and many attempts to integrate them using data warehouses, middleware and web services. Most of these attempts have had limited success and are difficult to maintain and scale.

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Don’t get driven to distraction by nuisance alarms

Don’t get driven to distraction by nuisance alarms

Nuisance alarms are a symptom of poorly managed alarm systems, they inhibit the effectiveness of Operators and obscure the view of what is really going on - compromising safety and reducing the effectiveness of the alarm system. Yokogawa provides a comprehensive alarm reporting and analysis package which can typically reduce nuisance alarms by 80% and improve alarm system behaviour thus minimizing safety risks and enhancing plant operations.

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Managing operational technology security in a changing business environment

Managing operational technology security in a changing business environment

Organizations are seeking to transform their businesses through digitalization, improving work flows and processes, adapting organization culture and changing supply chain relationships.

Although Digitalization can deliver significant value for organizations, it also increases the threat surface which, if not effectively managed, can create significant cyber security risks for industrial environments. In this article, Donal explores the changing business landscape and countermeasures to reduce cyber risk.

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Is valve degradation your early warning indicator of subsea safety risks?

Is valve degradation your early warning indicator of subsea safety risks?

In his latest article, Nick Cross evaluates a subsea solution that provides an early indication of well valve degradation. Through monitoring, analysis and visualization of subsea data, operators can quickly identify the early signs of valve degradation enabling them to take corrective actions, and support the safe and efficient operations of the subsea environment.  

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Why the time to digitalize is now

Why the time to digitalize is now

Digitalization allows you to manage day-to-day performance safely and reliably, respond to swings in market dynamics, operate at a true optimum and outmanoeuvre competition. It can turn a distracted organization that is bogged down reacting to day-to-day issues and inundated with data, information and advice, into an agile, well-tuned machine that anticipates issues and organizes to prioritize and solve them before they escalate.

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