Leverage the Industrial Internet of Things (IIoT) for Improved Profitability and Integrity Management
Owner operators of asset-intensive corporations are starting to realize the operational and profit potential of harnessing new technologies, namely the Industrial Internet of Things (IIoT). IIoT refers to the phenomenon of utilizing technology to connect a series of physical assets to measure and/or enhance industrial processes. Essentially, it equates to digitalization. In the world of asset integrity management (AIM), this means intelligent analytics to modernize the plant to an asset-control environment. Adopting IIoT helps owner operators to automate, improve and transform their processes for increased profitability, enhanced safety, and reduced loss of containment.
Leverage AIM for Improved Pipeline Integrity Management
When it comes to asset integrity management (AIM), few sectors are as comprehensive and in need as the pipeline industry. With potentially hundreds of miles of pipeline segments, a multitude of different assets across initial gathering and process facilities, and the exorbitant amount of data captured from the initial pipeline construction through the asset’s lifecycle, it is no wonder that an entire market of products exists with the sole purpose of managing pipeline integrity. In fact, many owner operators of pipelines today utilize such programs, called Pipeline Integrity Management Systems (PIMS), for their mechanical integrity needs.