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Articles & News on Asset Management

When it Comes to Process Safety Audits, External Auditors Maximize Safety. Here’s How.

  • by Judith Lesslie
  • July 22, 2022
  • Feature

It’s crucial for companies in high hazard industries to build the right team to assess and verify compliance with regulatory standards because completion and follow-up on findings from audits are important elements of continuous improvement and regulatory compliance.

Condition Monitoring Using Vibration Transmitters and PLCs

  • by Eric Saller
  • July 18, 2022
  • Feature

Vibration monitoring is a good application for the Industrial Internet of Things (IIoT) because of its analytics potential. This feature originally appeared in the ebook Automation 2022: IIoT and Industry 4.0 (Volume 3).

Electronic System Design Industry Logs 12.1% Year-Over-Year Revenue Growth in Q1 2022

  • July 11, 2022
  • News

Electronic System Design industry revenue increased 12.1% from $3,157.7 million in Q1 2021 to $3,540.5 million in Q1 2022, the ESD Alliance, a SEMI Technology Community, announced in its latest Electronic Design Market Data (EDMD) report.

Siemens Acquires Brightly Software to Accelerate Growth in Digital Building Operations

  • July 8, 2022
  • News

Smart Infrastructure (SI) will acquire Brightly, a leader in cloud-based asset and maintenance management software.

IFS Acquires ULTIMO

  • July 5, 2022
  • News

IFS extends leadership in the EAM software space with ULTIMO’s impressive product capabilities and customer base and expert team.

Brüel & Kjær Vibro Names Volker Polonyi as CEO and President

  • June 29, 2022
  • News

Brüel & Kjær Vibro (B&K Vibro), one of the leading worldwide independent suppliers of condition monitoring solutions for rotating machinery, has named Volker Polonyi as its new CEO and president.

Emerson Helping Albioma Become a Fully Renewable Energy Provider

  • June 28, 2022
  • News

The multi-million-dollar project will enable conversion of Réunion Island power station to biomass, reducing emissions by 84%.

Interwell Upgrades Asset Management, ERP to IFS Cloud

  • June 27, 2022
  • News

IFS solution will support Interwell’s digital transformation and deliver faster access to innovations.

Global Fab Equipment Spending Expected to Reach Record $109 Billion in 2022

  • June 14, 2022
  • News

Global fab equipment spending for front-end facilities is expected to increase 20% year-over-year (YOY) to an all-time high of US$109 billion in 2022, marking a third consecutive year of growth following a 42% surge in 2021, SEMI announced.

IFS Listed as No. 1 in Gartner Global EAM Market Share 2021 by Revenue

  • June 9, 2022
  • News

IFS ranked first in EAM market share by revenue–compared to SAP, IBM, Infor and Oracle–with 18% share and 29.1% growth YoY.