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The path to 'Asset Performance Management'

An Invensys Process Systems product story
Edited by the Processingtalk editorial team Jun 6, 2007

Invensys to present asset performance management at World Congress on Engineering Asset Management and International Conference on Condition Monitoring

Chris Hotblack, Business Performance Consultant for of Invensys Process Systems in Crawley, will speak on the topic "The Path to Asset Performance Management", on Tuesday 12 June.

His session presentation will provide an overview of an effective approach to Asset Performance Management (APM), including the challenge, methodology, processes and tools required to deliver the full potential of APM.

Asset Performance Management balances asset availability and utilisation to optimise business value.

APM uses dynamic performance measures to determine the business value of assets and the true value that they generate; manufacturers need not attempt to optimise availability or utilisation independently.

Invensys recently announced the InFusion Condition Manager, which collects and analyses real-time diagnostics from all plant production assets and drives the appropriate actions to help improve overall Asset Performance Management.

InFusion Condition Manager uses technologies from the Invensys Avantis business unit and from the Invensys InFusion Enterprise Control System.

For more than 20 years, customers throughout the world have relied on a range of enterprise asset management (EAM) and condition monitoring (CM) solutions from Avantis.

The 2007 Congress is organized by The British Institute of Non-Destructive Testing, and combines the Second World Congress on Engineering Asset Management with the Fourth International Conference on Condition Monitoring (CM).

The combination of these two leading events is anticipated to be the largest event of its kind at a truly international level.

The 2007 World Congress on Engineering Asset Management (WCEAM) and International Conference on Condition Monitoring will be held June 11-14 at the Cairn Hotel, Harrogate, UK.

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