Wil Chin, Research Director Automation, ARC Advisory Group
AM2011 North America
Just like a race team needs to understand the latest technologies to push their cars to the limits, industrial managers must have a vision of the technologies coming down the road to drive their operations successfully. The convergence of a number of factors is the impetus behind the growing interest in reliability software and services. Increases in the amount and complexity of plant assets, blurring of the lines between work management and IT, risk management, and the growing shortage of skilled technicians to operate and maintain assets are all combining to create a "perfect storm." Asset management technology provides information at the right time and with the right context, so workers work smarter. Technicians deal with work orders, data collection, and documentation at the location of the asset making mobile technologies a critical tool in their toolbox. In this presentation, we will explore developments in asset management and condition monitoring from multiple viewpoints that will impact you over the next 5 years.