Software facilitates plant asset management.
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Press Release Summary:
System 1(TM) Release 3.0 is a modular and scalable condition monitoring software platform. It provides single integrated tool for storing, accessing, and managing plant production assets with information, rather than simply data. Decision Support functionality extends ability to address any asset type, such as machines, boilers, transformers, piping, instruments, and valves.
Original Press Release:
Bently Nevada Advances Plant Asset Management Capabilities with Release 3.0 of System 1(TM) Software, Technology Patents
MINDEN, 23 AUGUST 2002 - Bently Nevada, the leading global supplier of condition monitoring solutions for plant asset management, today unveiled Release 3.0 of its System 1(TM) Machinery / Asset Condition Management(TM) software, and announced that the product was granted United States patents for the technologies used in its user interface and Decision Support applications. This software extends the company's reach well beyond rotating machinery and moves it further into the Plant Asset Management (PAM) arena, focused on all industrial equipment assets. System 1(TM) is a patented modular and scalable condition monitoring software platform that provides a single, integrated tool for storing, accessing, and managing plant production assets with information, rather than simply data. It enables companies to improve the way they manage the full range of equipment assets in their facilities, resulting in increased asset availability, reliability, and efficiency, lower combined operating and maintenance costs, and improved profitability.
System 1(TM) replaces previous Bently Nevada stand-alone online and offline software products, integrating their functions into a single platform while supporting a much broader range of data
sources and expanding the software's applicability to nearly any type of asset. Release 3.0 adds powerful new Decision Support(TM) functionality to System 1(TM), further extends the software's
ability to address any asset type - not just rotating machinery, adds a rolling element bearing database, enhances features for reciprocating compressor machine types, and provides improved connectivity to Bently Nevada's 3500 Series Machinery Protection System, of which nearly 200,000 channels are installed worldwide.
Brian Palmer, Bently Nevada President, articulates the expanded role System 1(TM) software creates for the company to offer value to its customers: "Bently Nevada is not just for critical rotating machinery, not just for vibration. We're a Plant Asset Management company - every product and service we offer centers on helping customers improve their Plant Asset Management activities, and that includes every asset in the plant. System 1(TM) does this by addressing all their assets in a single plafform - machines, boilers, transformers, piping, instruments, valves, you name it. Basically, what we've developed with System 1(TM) is a platform that enables our customers to optimize both performance and life-cycle costs of their assets. With condition monitoring and Decision Support tools, System 1(TM) changes the game for customers, enabling them to better manage their total facility costs because they can now manage with information, not just data."
Commenting on this latest release of System 1(TM) software was Wil Chin, Director of Field Devices for the ARC Advisory Group (www.arcweb.com) and contributor to a May 2001 ARC report titled Plant Asset Management & Condition Monitoring Worldwide Outlook. Says Chin, "Applying Bently Nevada's experience in condition monitoring of rotating and reciprocating equipment to all plant assets hits squarely in the sweet spot of the accelerating Plant Asset Management market. Users will find that an open, integrated solution that crosses artificial boundaries of different assets, traditionally promoted by condition monitoring suppliers, will uncover greater efficiencies."
Palmer concludes by noting that, "The world has trusted some of their most critical assets - their turbomachinery - to our systems for several decades. Now, they're asking us to help them
manage all the assets in their plants - not just the rotating equipment - and today we have the platform to help them in the form of System 1(TM) software."
Over 400 installations of System 1(TM) software are presently in use around the globe.
