Reliability & Maintenance

Honeywell Keys In On Asset Perfomance Management Strategies

By Chemical Processing Staff

Feb 09, 2018

Honeywell introduces a new offering as part of Honeywell Connected Plant that reportedly allows customers to effectively manage the maintenance and operations of their industrial equipment. The new Honeywell Connected Plant Asset Performance Insight connects the customers’ assets and equipment to the cloud, and applies analytical models from Honeywell and its partners, so that customers can avoid unplanned downtime and unnecessary maintenance.

New Asset Performance Management (APM) strategies are becoming critical to industrial companies as production demands and the availability of data from devices throughout the facilities increase, according to Honeywell. Because of this increased demand, any unplanned downtime, equipment failure or unnecessary maintenance directly impacts the customers’ bottom lines and can be costly.

Honeywell designed the Asset Performance Insight offering to be rapidly deployed to customers through pre-configured templates. The templates are based on the company’s industry experience and real-world customer challenges enhanced with advanced analytics. The offering can also be configured and tailored to customers’ specific needs. Asset Performance Insight is the latest addition to Honeywell Connected Plant.

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