A global survey of approximately 200 senior executives from major rail operators has revealed that most identify asset management facilitated by the integration of Information Technologies (IT) and Operational Technologies (OT), as a key contributor to meeting the financial and operational goals of their organisation.
Almost 60% say long-term capital planning is a high priority in their asset management efforts. Railway operators could significantly improve such planning if they factored in the health of their existing assets, but in the past, that has been a challenge.
“This is an ideal use case for the Internet of Things, Services and People (IoTSP),” said Massimo Danieli, managing director of ABB’s Grid Automation business unit within the Power Grids division.
“By connecting different systems and stakeholder groups, organisations are able to become more efficient and effective at maintaining their assets, which results in greater reliability for the end-customer as well.”
Schneider Electric announces 2023 Global Alliance Partner Programme award winners Schneider Electric South Africa
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Schneider Electric has announced the winners of the 2023 Global Alliance Excellence Awards. Throughout 2023, Schneider Electric’s Alliance Partners supported customers in the digitalisation of industrial automation, delivering value with innovative initiatives, solutions and services.
Read more...Custom containerised lubrication dispensing system
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Bosch Rexroth Africa recently supplied and installed a customised environmentally friendly and dust-proof lubrication dispensing system for a leading earth-moving equipment supplier.
Read more...Seamless automation system upgrade ABB South Africa
Industrial Computer Hardware
ABB has launched the ABB Ability Symphony Plus SDe Series, a portfolio of hardware products that help modernise existing process control system installations with minimal risk and disruption to plant operations
Read more...Siemens to acquire industrial drive technology business of ebm-papst Siemens South Africa
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Siemens has signed an agreement to acquire the industrial drive technology business of ebm-papst. The business includes intelligent, integrated mechatronic systems in the protective extra-low voltage range and innovative motion control systems.
Read more...Bearings International fosters a segment strategy Bearings International
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Bearings International has a segment approach to the market, which places an intentional focus on key industries in South and sub-Saharan Africa in a bid to optimise operations, enhance uptime, and drive business sustainability and increased profitability outcomes for customers.
Read more...Local robotics team’s journey to the world stage
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In the heart of Cape Town, a group of young visionaries aged 12 to 17 is making waves in the world of robotics. Known as Texpand, this team from Pinelands has not only dominated the First Tech Challenge (FTC) in South Africa, but has also earned international acclaim for its innovative approach to engineering and problem solving.
Read more...RS Group expands by 10 000 products RS South Africa
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RS South Africa has announced its Better World Claims Based Framework, enabling customers to select verified sustainable product alternatives. This provides suppliers with a standardised framework to accelerate the development and manufacture of more sustainable and responsible products.
Read more...IRP 2023 could reset SA’s social and economic problems
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ACTOM recently held a webinar on the ‘Draft IRP2023 Impact on the Manufacturing Sector’. South Africa’s Draft Integrated Resource Plan 2023 is a key document that outlines a comprehensive strategy for addressing the country’s energy security challenges, while also setting out its transition to a diversified energy mix, including renewables.
Read more...Young scientists to showcase innovative research
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Innovative South African research which includes a cost-effective triage test for real-time detection of TB and a nature-based technology that brings about environmental remediation, will be showcased at this year’s International Festival of Engineering, Science and Technology in Tunisia.
Read more...Moog takes a leadership position in lunar exploration
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NASA is planning for a sustained human presence on the Moon, and resources such as water could eventually be harnessed from the lunar surface instead of being transported from Earth, and it has turned to industry to find ways to excavate and transport that icy regolith.
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