News
AMA ASSOCIATION REPORTS INDUSTRY DEVELOPMENT IN THE SECOND QUARTER
The AMA Association for Sensors and Measurement (AMA) recently polled its approximately 450 members about economic development in the second quarter. According to their own statements, the industry generated a drop in sales of eight per cent in the second quarter compared to the previous quarter. It is interesting to note that large and small to medium-sized enterprises (SMEs) show similar sales trends, but expectations differ. While SMEs had predicted a 14 per cent drop in sales in the first quarter, they generated a less negative result than expected, at minus eight per cent. For the current quarter, SMEs are expecting a minus of three per cent. The large companies expected a decline of three per cent and have to cope with a drop in sales of nine per cent. For the third quarter, the large
COMMENT
Welcome to the September issue of Instrumentation Monthly. Traditionally, September has been the month when Sensors & Instrumentation Live would take place at the NEC. However, the events sector remains in flux following an increase in coronavirus cases across the UK. An earlier announcement to allow business events and exhibitions to recommence in England from October 2020 was welcomed by the sector, however, this announcement is now under review by the Government following the introduction of the ‘Rule of Six’. The good news for Sensors & Instrumentation Live is that new dates have been announced for Summer 2021. Hopefully by then exhibitions can resume! The UK’s only dedicated exhibition for the test, measurement and control markets will return to the NEC, Birmingham on 29 and 30 June. The exhibition will be joined by Electronics Industry Live and Future Robotics Live, making Hall 8 of the NEC the place to be come June. Find out more on page 44.
Victoria White, Editor
companies expect a minus of one per cent. The sales markets of sensor and measurement technology companies also developed differently in the second quarter. The only positive developments were sales to the building and heating, ventilation and air- conditioning sectors. The medical technology sector reported a slight overall decline. Suppliers to the strongly sensor-driven automotive,
mobility, mechanical and electrical engineering sectors suffered the sharpest falls in sales. Expectations for the current quarter are also clouding significantly in these sectors. On the other hand, suppliers to the semiconductor and medical technology industries and to the company’s own sensor and measurement technology sector are confident.
www.ama-sensorik.de/en/
PREDICTIVE MAINTENANCE SOLUTIONS DRIVEN BY AI
Aspen Technology and Wood have announced a new partnership that will offer Wood’s clients Aspen Mtell asset performance management technology for predictive and prescriptive maintenance. The partnership will enable global
enterprises to improve the performance of their manufacturing and facility assets through a maintenance solution built upon industrial artificial intelligence and machine learning. Aspen Mtell analyses historical and real-time operational and maintenance data to discover the precise failure signatures that precede asset degradation and breakdowns, predict future failures, and prescribe detailed actions to mitigate problems. Wood has decades of experience providing solution-independent asset
performance consulting, as well as integrating and deploying specialist engineering services and real-time performance monitoring systems. The combination of this deep domain expertise of asset and operator challenges, with Aspen Technology’s extensive knowledge of the process manufacturing industry and proven AI-driven predictive and prescriptive maintenance solutions, provides a unique customised asset performance management solution for operators’ needs.
www.aspentech.com AVEVA TO BUY US TECH GROUP OSISOFT IN $5BN DEAL
AVEVA is to acquire OSIsoft for $5.0 billion. AVEVA and OSIsoft are to combine their complementary product offerings, bringing together industrial software and data management to help customers in industrial and essential organisations accelerate their digital transformational strategies. OSIsoft’s data management software will complement AVEVA’s comprehensive end-to-end engineering, operations, and performance offerings. Integrating OSIsoft’s PI System into AVEVA’s software portfolio will create an integrated data foundation that can drive big data, Cloud and AI-driven insights to create meaningful business outcomes for
Instrumentation Monthly September 2020
customers. This combination enables AVEVA to grow and diversify the industries it serves as well as continue to expand its footprint in existing and new markets and geographies. OSIsoft’s PI System enables customers to collect,
normalise, store, and stream real-time, high-fidelity operational data to applications, analytics, and AI and ML platforms. PI System acts as a single system of record for operations data, designed for massive cloud-enabled scale and data sharing across enterprises, and enables insightful operations decision making.
www.aveva.com 5
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