Posts Tagged ‘top quartile’

Improving Petrochemical Plant Operational Performance

Posted in Wireless on Thursday, August 10th, 2017. One comment so far
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Top performing petrochemical producers operate safely and securely, reliably, use energy efficiently, and achieve operational efficiently. The difference between top and average performance can be and has been measured across these four areas. In fact, it is estimated that across the global industrial sector, annually as much as $1 trillion is lost as a result […]

Generating IIoT Return on Investment

Posted in Industrial IOT, Wireless on Wednesday, June 7th, 2017. One comment so far
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Justifying instrumentation- and automation-related projects in process manufacturing operations typically involves quantifying expected returns in reliability, efficiency or reductions in risks associated with safety and emissions. As Industrial Internet of Things (IIoT) technologies have emerged, the need for project justification remains as strong as ever. In a Smart Machines & Factories article, Securing a return […]

Planning and Justifying the Industrial Internet of Things

Posted in Industrial IOT, Wireless on Thursday, March 16th, 2017. One comment so far
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One of the key ways to improve operational performance is to reduce unplanned downtime. An ARC Advisory Group blog post, Technology Trends to Watch for in 2017, noted: One of the biggest end user challenges remains unscheduled downtime. IIoT-enabled solutions, such as remote monitoring and predictive maintenance, can help minimize, if not totally eliminate this, […]

Insights from CERAWeek on Improving Project and Operational Performance

Posted in Event on Thursday, March 9th, 2017. No comments yet
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I wanted to share two quick videos from CERAWeek 2017 on how technologies and improved work practices are improving project performance as well as ongoing safety, reliability and efficiency. Emerson Automation Solutions Group President Jim Nyquist explains how Top Quartile performers significantly outpace average performers. Emerson Automation Solutions’ Chief Strategic Officer, Peter Zornio shares the […]

Overcoming Obstacles in Reducing Unplanned Downtime

Posted in Asset Optimization, Reliability on Wednesday, February 8th, 2017. One comment so far
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Unplanned downtime remains the top issue for most process manufacturers and producers. At the ARC Industry Forum, ARC’s Craig Resnick led a panel, Strategies to Reduce Downtime and Increase Plant KPIs. Emerson’s Will Goetz participated in the panel to discuss the importance of comprehensive reliability program planning and execution. Here was the session description: This […]