Note: This story is also available in a complimentary, full-screen version https://www.chemengonline.com/eh-modern-instrumentation-simplifies-maintenance/ Built-in diagnostics and condition monitoring improve maintenance, process reliability and plant availability Today’s modern world is steadily digitizing all our daily routines, but the majority of the chemical…
The shift from reactive to prescriptive maintenance can be greatly aided by advanced digital tools and the implementation of an effective pilot program To be successful in today’s industrial business environment, companies in the chemical process industries (CPI) must maximize…
Step changes in condition-monitoring technology to achieve operator-driven reliability can be a reality for organizations of any size The chemical process industries (CPI) are like all others in that they must negotiate the twin challenges of maximizing productivity and opportunities…
BASF SE (Ludwigshafen, Germany; www.basf.com) has announced that BASF Venture Capital is joining a group of prominent investors in the Series A investment round of Zapata Computing, Inc. Headquartered in Cambridge, Massachusetts, Zapata is developing both a powerful software platform as…
Emerson (St. Louis, Mo.; www.emerson.com) has acquired Bioproduction Group (Bio-G), a leader in simulation, modeling, and scheduling software for biomanufacturing. Bio-G’s scheduling and modeling systems combined with Emerson’s extensive life sciences technology and expertise portfolio will help companies bring therapies…
Sandvik Group (Stockholm, Sweden; www.home.sandvik.com) has acquired privately-owned Newtrax, a supplier of leading technology in wireless connectivity to monitor and provide insights on underground operations, including people, machines and the environment. “By including Newtrax into the Sandvik family we further…
Emerson (St. Louis, Mo.; www.emerson.com) announced that it has acquired KnowledgeNet (KNet) software from Tunisia-based Integration Objects. KNet’s unique analytics application software accelerates digital transformation initiatives for process and hybrid industries. KNet is used to extract, clean, transform and analyze…
AVEVA (Cambridge, U.K.; www.aveva.com) announced a significant addition to its comprehensive Asset Performance Management (APM) portfolio with the acquisition of the software assets of MaxGrip, subject to approval from MaxGrip’s shareholders. MaxGrip, an AVEVA partner since 2017, is a pioneer…
At the Hannover Messe 2019 trade fair, seven leading suppliers from mechanical engineering, industrial automation and software announced the foundation of the Open Industry 4.0 Alliance. With this cooperation, the companies want to overcome proprietary solutions and give a decisive…
Sandvik Group (Stockholm, Sweden; www.home.sandvik.com) announced that IBM is collaborating with Sandvik Mining and Rock Technology to develop IIoT (Industrial Internet of Things), advanced analytics and artificial intelligence to realize safety, maintenance, productivity and operational efficiency in the mining industry.…