Sub-Sahara Mining & Industrial Journal
HVAC

Rotork launches asset management system

Rotork’s programme of advanced analytics for the management of intelligent flow control assets is a Cloud-based asset management system for intelligent actuators and the flow control equipment they operate.

Intelligent Asset Management is designed to improve reliability and availability of key assets (such as valves) across all industries that use flow control processes. Failure of key equipment can result in reduced output yields but this can be avoided by collecting data and monitoring asset status.

The system uses the information downloaded from the data logs recorded within intelligent actuators. It is a secure online platform with an intuitive interface that can run on all operating systems. Summary views and colour coded maps simplify complex analytics.

Information that can be uploaded to Intelligent Asset Management includes torque, temperature, vibration and event log information. Live diagnostic actuator data is available for sites that use a Rotork Master Station (via the Gateway computer), such as alerts and actuator status.

Intelligent Asset Management is for use with intelligent actuators in applications including oil and gas, water and power, chemical, process and industrial markets.

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Roper Technologies Inc has agreed to sell a majority stake in its industrial businesses, including its entire Process Technologies segment and the industrial businesses within its Measurement & Analytical Solutions segment, to affiliates of private investment firm Clayton, Dubilier & Rice LLC (CD&R). Image © red150770 – stock.adobe.com. Roper will receive total upfront, pre-tax cash proceeds of approximately US$2.6 billion while retaining a 49% minority interest in a new standalone entity. The transaction includes the Cornell, FMI and Roper Pump businesses, as well as Alpha, AMOT, CCC, Dynisco, FTI, Hansen, Hardy, Logitech, Metrix, PAC, Struers, Technolog, Uson and Viatran. Together, these businesses generated approximately US$940 million of revenue and US$260 million of EBITDA in 2021. “This is the final step in Roper’s divestiture strategy to reduce the cyclicality and asset intensity of our enterprise,” said Neil Hunn, Roper Technologies’ president and CEO. “Selling a majority interest in these industrial businesses will provide Roper with significant upfront cash, while maintaining the ability to receive additional cash proceeds from the future exit of our minority interest.” “We are excited to partner with CD&R given their track record of successful corporate partnerships. Operating as a standalone entity will enable these businesses to build on their niche-leading strategies and continue creating value for their customers and shareholders,” added Hunn. John Stroup, operating advisor to CD&R Funds, will lead the standalone entity when the transaction closes.

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