Honeywell announced the expansion of its Reliability and Asset Management solutions portfolio with the launch of the new Asset Manager R400, helping customers in traditional vertical sectors integrate all aspects of plant maintenance and operations - people, processes and technologies - through a single comprehensive solution.
Advances in process automation and other technologies have created significant improvements and efficiencies in recent years, but at the same time they have created more complexities and challenges for end users. In response to this, Honeywell Process Solutions (HPS) has expanded its Reliability and Asset Management portfolio and now offers the most comprehensive portfolio in the industry to deliver improvements in uptime, performance and efficiency while preserving process safety. Asset Manager forms the cornerstone of this offering.
Asset Manager R400 is designed to enable seamless integration with both Honeywell and leading third-party applications, such as IBM Maxim®, in order to enable easier decision making, maintain asset integrity and support operations reliability. It also enables users from all levels of plant operations to collaborate effectively in order to determine how to address abnormal equipment condition and plan maintenance while assuring production dependability.
HPS' combination of the world's leading offerings for process technology, connectivity and automation, provides customers with a complete end-to-end reliability and asset management solution from a single vendor. In addition, Honeywell's OneWireless network technology, Experion Process Knowledge System (PKS) and Manufacturing Execution System (MES) solutions allow interoperability between Honeywell and third party products, significantly reducing customer risk.
Asset Manager R400 adds to Honeywell's current set of Reliability and Asset Management offerings, which include comprehensive consulting services to ensure the right solution is selected and properly implemented; industry specific applications like Well Performance Monitor for intelligent oil well surveillance and Mobile Equipment Monitor for heavy equipment health and performance monitoring; process specific applications, such as OM Pro for best in class practices for control room and field operators and Corrosion Modeling for active corrosion protection; smart field instruments applications, such as Field Device Manager, available either as a stand-alone application or fully integrated with Honeywell's Experion Process Knowledge System (PKS) to manage field devices; applications for a better return on assets – for example, Field Advisor for field operator driven reliability and Downtime Reporter for better analysis of asset downtime; and applications such as IBM Maximo for enterprise-wide asset management.
Wil Chin, ARC Advisory Group, commented, “Honeywell has taken a giant step forward by integrating key asset information from the business and process realms for the objective of improving the performance of assets. Asset Performance Management, the solutions that manage information to help the workforce optimize asset availability and utilization while balancing operational constraints to improve financial performance, is a key strategy for today’s challenging business climate”