7 October 2009

Asset management encompasses everything

Advanced process control (APC), energy control valves, and industrial solutions all contribute to and are important aspects of asset management, varied topics as they may seem.

ARC Advisory Group, which is co-locating at ISA EXPO 2009 to promote its vision of asset lifecycle management (ALM), invited executives of process automation related companies to chat and respond to questions about their companies’ pursuits and ALM.

Bernardo Soares Torres is a manager at Accenture Automation & Industrial Solutions. “Asset management (AM) is not just a matter of technology,” he said.  “We also need people to appreciate and absorb KPIs (key performance indicators) and give people the power to that asset management tool [that is] so important, effective.”

Din Attarwala, Ph.D., is president of unified Control Technology Corporation, and he was on the executive panel as well. “Human resource management is important to my company’s technology, advanced process control. How? Better technology reduces the demand on human assets, your human resources,” he said.

APC is a technology that can do this and plays favorably to Asset Management and the lifecycle of the company’s tools and devices and human capital.

Sandro Esposito, marketing manager of Dresser Masoneilan, which has made control valves for over a century, related the throttling of energy in oil and gas, power, and process applications to asset management strategy.

“The path to success for any user is to have managed data and integrate it to the DCS level with the least amount of infrastructure possible. That is, we need information, not data.”

—Nicholas Sheble