Tecnimont and Siemens sign MoU for digital predictive maintenance services
The tools will improve plant operability and reduce maintenance costs. The two companies will work together on feasibility studies and identify clients to promote the application of the technology.
Tecnimont, the main EPC contractor for Maire Tecnimont Group, and Siemens Italy announced their move of signing an MoU to offer cutting-edge digital predictive maintenance services to help clients increase plant operability and reduce maintenance costs.
The companies will work together on feasibility studies and identify a list of clients to be targeted for a joint commercial proposition to promote the application of predictive maintenance technology to monitor critical plant assets.
This ‘open innovation approach’ leverages key technologies to find the best solutions for a plant owner’s particular needs or business environment. It gives tangible benefits such as improved production efficiency, more effective maintenance, a safer work environment, easier emissions control and effective training.
Siemens’ Predictive Analytics, based on machine learning algorithms, identify normal operating and faults conditions based on asset’s historical data. It provides an early warning alarm to catch potential equipment glitches before they become a problem and cause the asset’s loss or the loss of plant's production.
Maire Tecnimont will leverage its expertise as an Engineering, Procurement and Construction (EPC) contractor in the natural resource transformation industry, to supply plant owners with artificial intelligence applications, based on Siemens Predictive Analytics technologies, assets monitoring, performance evaluation and equipment maintenance.
Pierroberto Folgiero, CEO, Maire Tecnimont Group commented, “We are excited to be working with Siemens on developing cutting-edge technology that gives clients a powerful tool to meet their energy transition goal. Our NextPlant portfolio of digital solutions enhances EPC execution efficiency, unlocks value for plant owners and is a source of competitive advantage.”
Giuliano Busetto, Head of Digital Industries, Siemens Italy said, “This is an important agreement that recognises our role as a supplier of cutting-edge technology and as a partner in digital transformation. Digital Industries' portfolio offers the opportunity to access solutions such as Siemens Predictive Analytics, which bring artificial intelligence to the service of industrial assets and production plants.”