Maintenance, Service innovations, M&A, Internet of Things, Digital Twins, 3D Printing, Energy Services and Autonomous Vessels

Maintenance is just as important as innovation -though less glamorous; GE sells its Intelligent Platforms unit; Combine IoT with geospatial analytics to get better results; EV charging is a new big asset class for services; Sentinel Energy Services buys Strike to create largest pure- play services provider for pipelines; Drone inspection services on the rise; Tetrapak, Siemens and Bentley Systems announce new service offerings using technology; Singapore Port invests heavily in digitization and 3D Printing; Robot installations growing at almost disruptive rates; Virtual Power Networks by Siemens; Rolls Royce is developing autonomous vessel technology; and India is building up its own steelmaking equipment industry.

 

Maintenance: It lacks the glamour of innovation and it’s harder to measure – but it’s just as important

Shedding assets: Emerson Electric is buying GE’s Intelligent Platforms business

IoT: On its own, sensor data is one dimensional. IoT data when combined with geospatial analytics, business data, and operational data, the data reveals hidden patterns and relationships for more effective outcomes.

EV charging: Represents a huge opportunity for the UK’s (and not only) commercial and industrial sector, especially if combined with energy storage, V2G, and solar installations. And a huge new electrical service market for forward thinking companies and entrepreneurs

Oil and Gas services: Sentinel reached a deal to acquire a majority interest in Strike to create “the largest, pure-play pipeline and facilities infrastructure and integrity services provider across U.S. onshore energy markets and transmission corridors.

Industrial robots: Sales of robots increased by 30% in 2017 driven by Europe and Asia. Over 380,000 robots were sold last year, almost 138,000 of those to China according to the International federation of Robotics.

Energy Services: Siemens and the University of Oxford to explore creating a “Virtual Power Network” to link distributed sites and manage power centrally to improve energy efficiency

Digital Twins: A digital twin of the upcoming Tuas Terminal mega port in Singapore is being developed to help researchers evaluate the impact different layout designs and concepts can have on the efficiency of port operations.

3D Printing: A 3D Printing facility for port applications. A world first – in Singapore

 

 

Drones services: Offshore windpower inspections

Service offerings innovations using technology: Tetra Pak has launched a plant management service that can help producers understand cost-cutting opportunities throughout their operations using state of the art software and hardware

India machine industry: Building steel making equipment in India. A number of Indian and international steel plant equipment makers and technology providers, including BHEL, HEC, Primetals Technologies, Nippon Steel and Paul Wurth, are set to sign deals in Bhubaneswar next week to manufacture machinery domestically.

Autonomy: Rolls Royce is betting on autonomous vessels

Service offerings innovations using technology: Siemens and Bentley Systems have announced a joint technology and service solution, consisting of their complementary offerings, to speed up the digitalization of power plants and provide intelligent analytics with a range of innovative offerings and managed services solutions

Power large contracts: GE signs contract to deliver 4.8GW nuclear power plant in Egypt, including services

 

Curated content from our industries and markets

 

 

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