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Seven Quick Lessons About The Internet of Things
The Internet of Things (IoT) promises to reduce energy consumption, transform supply chains and, in general, improve the quality of life for billions of people. But, it’s not going to be easy. IoT will involve getting OT and IT together and figuring out how and when to adopt new technologies such as machine learning or creating protocols for secure data sharing. We know because we’ve been in this ‘new’ market for over 35 years. Over 1,000 leading utilities, 95 percent of the largest oil and gas companies and more than 65 percent of the Fortune 500 industrial companies rely on the high-fidelity insights from the PI System to run their businesses. The PI System™ can be found inside offshore oil platforms and food manufacturing facilities. We’re helping medical researchers analyze data from wearables and tracking power production across nations. So what are some of the things to remember about IoT? ...
The Power of Asset Framework
All too often, users must create real-time planning and analysis reports with static and inconsistent sources of information. Data is locked in an Excel spreadsheet or a rigidly customized application interface. Imagine if you could unlock the source of that data. Imagine that all the information you need was in a reusable library, that you could create custom formulas on the fly, and create powerful, timely reports and analysis in real time. Imagine that you could reduce the time and money spent developing and supporting vertical applications. Imagine Asset Framework.
Condition-Based Maintenance Bolsters the Bottom Line in Power Generation(1)
The power generation industry is undergoing a period of rapid transformation. New issues, such as deregulation, the rapid adoption of renewable energy sources, and a new emphasis on extending facility lifecycles, are forcing electric utility operators to carefully consider how they expend their resources and optimize their operations. One way plant operators are responding to these new pressures is to focus on new, more efficient maintenance strategies.
The Paper Mill of the Future: Why Change Agents are the Key to Digital Transformation
The pulp and paper industry is changing. With a graphic paper demand declining worldwide, it’s easy to think that the entire industry is in decline as well. But that couldn’t be further from the truth. In actuality, it’s changing and evolving faster than ever before. According to McKinsey, the industry is growing thanks to increased demand for packaging as well as the addition of pulp production for textiles. As markets continue to evolve, mills must evolve, too — and efficiency is crucial to that evolution. In the quest for even greater efficiency, technology will continue to be a key driver towards digital transformation and, ultimately, a mill’s future success. However, achieving true digital transformation goes far beyond deploying technology.
Challenges, Opportunities, and Strategies for Integrating OT and IT with the Modern PI System
As pervasive sensor technologies, connectivity, and real-time analysis lower barriers to enabling digital business, many enterprises are focusing on strategies to capitalize on OT-IT integration. An enterprise initiative to develop and utilize a common technical infrastructure that aligns Operational data (OT) with business data (IT). OT-IT convergence harmonizes operational and business data, enabling leadership teams to calculate enterprise KPIs and track how asset performance, process efficiency, and quality affect revenue.