ABB announces asset management application https://www.automation.com/files/pluginfiles/item_99792/field_376/absash_reg.jpg
29. November 2018 - ABB unveiled a new application at SPS IPC Drives to help customers achieve higher productivity and achieve their performance and quality goals.  The asset management application is a digital solution that enables the process industry to manage and protect their assets through predictive and preventive maintenance. It aims to streamline workflows, provide detailed analysis of results, and provide efficient asset management strategies that enable more informed decisions.
The application provides real-time condition monitoring of equipment, attached equipment and field devices for industrial plants to reduce unplanned downtime. ABB enables predictive and preventive maintenance by predicting the condition of the equipment and the problems of the equipment on-site and for the first time at a company's global level. In addition, the application allows the use of advanced analysis methods such as machine learning and artificial intelligence to analyze device problems.
ABB Ability Edge ensures a secure connection between assets and the cloud, separating IT and OT. Edge technology can also serve as a platform for applications that give customers the ability to work on-premise, not in the cloud.
In case of problems, users can make informed decisions based on clear recommendations. Measures range from immediate attention to planning maintenance in the future and identifying problems that can be solved during routine maintenance of the equipment. The application is available for basic instrumentation equipment in all manufacturing and processing industries, for detailed equipment such as motor transformers or circuit breakers, and complex electrical or rotary equipment and mechanical handling equipment such as conveyor belts. By specifying an exact cause of device problems, the application also enables identification and recovery.
The asset management application will be launched in the second half of 2019. It is part of ABB Ability, ABB's digital offering that includes more than 210 industrial Internet solutions, as well as an industrial Internet technology platform and a cloud infrastructure.
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