Schedule a Call Back
Tecnimont and Siemens sign MoU for digital predictive maintenance services
Industry News- Jun 24,21
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.
Italy
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.â€Â
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.â€Â
Siemens Italy
Siemens
Tecnimont
Maire Tecnimont Group Engineering
Procurement and Construction
EPC
MoU
digital predictive maintenance services
Related Stories
Automation & Robotics
Bharat Forge and Agile Robots sign MoU to Advance AI-Led Industrial Automation
The MoU brings together Bharat Forge’s manufacturing expertise and Germany-based Agile Robots’ AI-led robotics capabilities to accelerate intelligent automation across key civilian industrial se..
Read morePolicy Regulation
Vibrant Kutch Programme Secures Rs 85bn in MSME MoUs
District event boosts investment and growth in Gujarat’s Kutch
Read moreConstruction Equipment
The role of risk management in large projects
Risk is inseparable from project management, particularly in large and long-duration projects, where inadequate risk identification, ownership and follow-up often lead to cost and time overruns. Pra..
Read moreRelated Products
Programmable Controllers - Pcd-33a Series
CHEMICAL PROCESS, FOOD/PHARMA EQUIPMENT & ANALYTICAL INSTRUMENTS
Pro-Med Instruments (P) Ltd offers a wide range of programmable controllers - PCD-33A Series.
Gasket Graphite Powder
CHEMICAL PROCESS, FOOD/PHARMA EQUIPMENT & ANALYTICAL INSTRUMENTS
Arihant Packing & Gasket Company offers a wide range of gasket graphite powder.
Asahi Kasei expands 3D printing filament sales in North America
CHEMICAL PROCESS, FOOD/PHARMA EQUIPMENT & ANALYTICAL INSTRUMENTS
Asahi Kasei, a leading resin and compounding technology provider, has initiated the sales of 3D printing (3DP) filaments in North America through Asahi Kasei Plastics North America (APNA). The soft la Read more
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
