Ekness, Rustin
June 2004
InTech;Jun2004, Vol. 51 Issue 6, p42
This article focuses on the programs implemented by companies that look at all vital assets in a plant to move toward asset optimization. Optimizing assets can increase plant revenues 3% to 5%. The optimization of plant assets can take on a variety of forms because there are so many different kinds of critical production assets. The growing infrastructure of intelligent devices is taking on a level of importance above and beyond its basic measurement and control functionality. These instruments with their microprocessor chips generate a vast amount of information about their own condition and the condition of equipment to which they connect. Diagnostic information generated by field devices and captured from the control network can integrate with an enterprise asset management system or computerized maintenance management system, providing those applications with accurate information on which to base decisions or issue work orders. A user can monitor the operating condition of critically important machines using permanently installed measuring equipment, which communicates directly to a remote computer. A user can monitor the condition of machines of less importance to the production process using portable equipment to take readings systematically at one piece of machinery after another. INSET: Improving work processes.


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