Cost analysis of unscheduled shutdowns and slowdowns in the process industries has revealed that more than 35 percent of lost production relates to lack of availability and reliability in fixed equipment. However, greater attention is directed toward the condition-based maintenance of rotating equipment. Real-time asset integrity management, therefore, represents a major untapped resource for achieving safer operations, enhanced productivity and optimized cost control in the process industries.
Achieving Real-Time Asset Integrity
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Aug 14th, 2009