Asset Twin Marketplace Announced by Itus

By Rob D’Angelo

Company and Product News

Itus Digital announced the availability of the new Asset Twin Marketplace which allow industrial organizations to implement Asset Performance Management (APM) techniques on their equipment in minutes.  The approach lowers the risk of unexpected equipment failure while optimizing maintenance activities, without the cost and complexity required of traditional processes.

The Asset Twin Marketplace provides Itus subscribers with direct access to Asset Twins that model the failure modes, preventative maintenance activities, analytical protections, and prescriptive actions for the most common industrial equipment types.  By providing a platform for secure collaboration and sharing of Asset Strategies across industrial stakeholders, the Marketplace helps solve for the current challenges associated with fragmented and proprietary libraries, which are difficult to leverage and implement.

Itus is also introducing the Asset Twin builder, which directly accesses the Marketplace and allows for the activation of an Asset Twin in minutes.  The builder provides a simple process to apply, connect, tune, and activate twins to monitor assets and quickly mitigate failure risks.

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