IIoT technologies have enabled software platforms that are more powerful than ever, but fundamental engineering principles are still at the heart of next-generation digital transformation It is clear that the emergence of industrial internet of things (IIoT) technologies has greatly…
Schneider Electric and Aramco announced they have signed a memorandum of understanding to collaborate on assessing emerging technologies based on the Open-Process Automation Standard (O-PAS). Testing will take place at a new built-for-purpose test bed in the Saudi Schneider Electric…
AVEVA plc (Cambridge, U.K.) announced that it has signed an agreement to help accelerate Shell Global Solutions International B.V’s digital transformational strategy by deploying AVEVA’s cloud software solutions. AVEVA will provide Shell with its Engineering Data Warehouse technology, which is…
ABB, Inc. (Zurich, Switzerland) and IBM announced a collaboration focused on connecting cybersecurity and operational technology (OT). As a first result of this collaboration, ABB has developed a new OT Security Event Monitoring Service that combines ABB’s process control system…
Rockwell Automation, Inc. (Milwaukee, Wisc.) announced that it has acquired Oylo, a privately-held industrial cybersecurity services provider based in Barcelona, Spain. Oylo is dedicated to providing a broad range of industrial control system (ICS) cybersecurity services and solutions including assessments,…
From the impact of globalization to variable crude oil prices, environmental concerns and changes due to advancing technology, the chemical process industries (CPI) are in a state of flux. Companies based in some regions have experienced impressive growth thanks to…
Emerson (St. Louis, Mo.) announced it has completed the acquisition of the Progea Group, an industry-leading provider of industrial internet of things (IIoT), plant analytics, human machine interface (HMI) and supervisory control and data acquisition (SCADA) technologies. The addition of…
New mobile devices, apps and augmented reality are supporting the digitalization revolution, as well as keeping business going during the pandemic Anyone who has visited or toured a production plant of the chemical process industries (CPI) knows that mobile phones…
ABB (Zurich, Switzerland) has been awarded the contract to improve asset integrity across MOL Group’s (Budapest, Hungary) downstream assets, through changing mindset, standardizing processes and software and ensuring integrity management is focused on the right equipment. The project spanning MOL…
Yokogawa Electric Corp. (Tokyo, Japan) revealed the results of a global end-user survey on the outlook for industrial autonomy, which shows that 64% of respondents from companies in process industries are anticipating fully autonomous operations by 2030. The survey provides…