Tokyo, Japan - September 28, 2020
Yokogawa Electric Corporation (TOKYO: 6841) announces that it has developed the OpreX™ Managed Service, which supports the remote monitoring and maintenance of plant equipment. By identifying and correcting issues with plant equipment and devices before they can break down, this service can prevent unexpected plant shutdowns. It can be accessed and utilized in a variety of ways, depending on customer requirements. The service is being offered as part of the OpreX Sustainable Maintenance family lineup, and will be launched in all regions other than Japan on September 28.
It is difficult to prevent equipment failure from being a leading cause of plant incidents and unplanned shutdowns with conventional maintenance practices alone. This is driving an increasing need for predictive maintenance capabilities that can prevent production losses by identifying the status of devices and looking for signs that a fault may occur. In addition, more and more plants are streamlining their production operations by linking control systems with the information systems that oversee production management and equipment maintenance, and integrating previously separate instrument rooms and control systems. This has resulted in systems that are larger and more complex than ever before, making it difficult to assess their condition. Another issue is the pressing need to implement the necessary cybersecurity measures at these plants. However, obtaining the expertise needed to maintain these large-scale systems has grown increasingly difficult with the mass retirement of skilled and knowledgeable personnel.
Yokogawa has developed the OpreX Managed Service to address these issues and meet the needs of industry by enabling the digital transformation of asset monitoring and maintenance in production and manufacturing.
The OpreX Managed Service is provided on top of a software platform that is able to ascertain the soundness not only of operational technology (OT) such as distributed control systems and field devices, but also a wide range of IT assets including network devices, meaning that it can be used in both predictive maintenance and incident management. Using this platform, Yokogawa can remotely monitor and identify the causes of any problems in this equipment for their customers. Leveraging the OT, IT, and plant maintenance know-how that Yokogawa has developed over the years by closely working with our customers in many different industries, Yokogawa is able to help customers reduce the frequency of unexpected plant shutdowns, streamline the operation of production equipment, and decrease maintenance workload.
Oil and gas, petrochemicals, chemicals, electric power, pulp and paper, pharmaceuticals, food, iron and steel, water supply and wastewater treatment, non-ferrous metals, metal, cement, etc.
OpreX is the comprehensive brand for Yokogawa's industrial automation (IA) and control business. The OpreX name stands for excellence in the technologies and solutions that Yokogawa cultivates through the co-creation of value with its customers, and encompasses the entire range of Yokogawa's IA products, services, and solutions. This brand comprises the following five categories: OpreX Transformation, OpreX Control, OpreX Measurement, OpreX Execution, and OpreX Lifecycle. OpreX Managed Service is an OpreX Sustainable Maintenance family solution in the OpreX Lifecycle category. For its development of products, services, and solutions in this category, Yokogawa tapped its extensive experience in working closely with customers to optimize operations and maintenance over the entire plant lifecycle.
With this brand, Yokogawa will deliver integrated solutions that address specific needs and support its customers in their efforts to transform and grow their businesses.
Founded in 1915, Yokogawa engages in broad-ranging activities in the areas of measurement, control, and information. The industrial automation business provides vital products, services, and solutions to a diverse range of process industries including oil, chemicals, natural gas, power, iron and steel, and pulp and paper. With the life innovation business, the company aims to radically improve productivity across the pharmaceutical and food industry value chains. The test & measurement, aviation, and other businesses continue to provide essential instruments and equipment with industry-leading precision and reliability. Yokogawa co-innovates with its customers through a global network of 114 companies spanning 62 countries, generating US$3.7 billion in sales in FY2019. For more information, please visit www.yokogawa.com.
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