In this article, we’re going to take a closer look at a topic that’s talked about a lot but isn’t always that clear: operational excellence. We’ll briefly discuss the history of the concept, what it means in practice, and how it applies to process industries – including the many benefits it can unlock. We’ll also set out how calibration can play a role in enabling operational excellence in your process industry plants. Read on to find out more.
This is the first blog post in the Beamex blog series "Calibration in Times of Digitalization" we will take a look into the future to give you an understanding of hot topics such as Industry 4.0 and Smart Factory, which are on everyone's minds.
You have probably heard of terms such as Digitilization, Industry 4.0 and Smart Factory. But what do these really mean? Many users of these new technologies don’t yet fully grasp them. This is completely understandable and that's why we will gradually bring you closer to these topics in this Beamex blog series and help you enter the future well informed.
Whether on television, in newspapers or on social media, hardly a day goes by without futuristic topics such as digitalization, big data, artificial intelligence and machine learning. But futuristic? Hasn't the future already arrived?
This post discusses calibration in hazardous area in the process industry.
The oil and Gas industry in the North Sea has been hit by a Perfect Storm – the rapid fall in the price of oil to levels less than the average extraction cost has resulted in the delay or cancellation of a huge number of investment projects.
An investment into calibration equipment and systems must be financially justified, just like any other business investment. But does a cheaper cost of purchase always mean a higher return on investment? Not necessarily. When building a business case for calibration calibration system investment, what may seem at the outset to be cheaper may not necessarily be so, if the evaluation is made from total or life cycle cost perspective instead of evaluating cost of purchase only.