Ideas Hub
There are many ways that unplanned downtime can negatively impact a business. In continuous process industries downtime causes produce to be lost. The costs of this further impact the bottom line, beyond just lost profits.
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Connecting systems and processes gives companies a broader visibility of business-wide operations. However, as data moves into the cloud, one of the primary concerns is security.
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With new technologies, plant managers should not only focus on short-term but also the longer-term future, and do so through continuous improvement.
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The oil and gas industry is perhaps one of the most important to the global economy, with the combined economic value of upstream oil and gas sectors accounting for at least an estimated five per cent of the entire global economy.
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With an estimated seven billion IoT devices in the world, it’s not surprising that companies can generate overwhelming amounts of operational and environmental data, bringing with it the potential for substantial process improvement.
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The consumption of safe and nutritious food is a basic human right, with safe being a key word. Unfortunately, it’s not uncommon for the safety of food to be called into question, leading to recalls and extensive investigation.
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It’s no secret that data collection is important for generating valuable insight that helps plant managers improve efficiency in industrial systems. However, what seems unknown to many in the industry is the importance of understanding the context of the data being analysed
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In the age of the industrial internet of things (IIoT), the speed of data analysis is key to effective operation. Edge computing accelerates this process, allowing for industrial data analysis to be performed at the point of collection.
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Data is the most important raw material in industry. Yet few understand who owns it after it is created, or what rights they have while storing it. A lot of the issues that data ownership presents are not what they seem at first glance. We explain who owns what with regards to industrial data and explains what risks can arise and how to protect your business from them.
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Novotek was part of the team of companies that initiated PC-based SCADA back in the 1980s. While it was revolutionary in the automation industry, plants have changed enormously since then, so SCADA systems must reflect this. The rise of the Internet of Things (IoT) means that there are far more connected devices around the plant, all of which need monitoring by SCADA systems.
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