November 2009

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HP Integration Strategies: Installing machine protection systems in hazardous areas

The plant asset management (PAM) market for production assets, which includes protection and prediction solutions, has spread from traditional turbomachinery to virtually every asset essential for eff..

Chin, W., ARC Advisory Group

The plant asset management (PAM) market for production assets, which includes protection and prediction solutions, has spread from traditional turbomachinery to virtually every asset essential for efficient production. ARC Advisory Group's recently released PAM study pegged the market for PAM for production assets at more than $1.4B in 2008 and expects this to be one of the faster-growing automation investments through 2013. The study identified the growing need for integrated predictive health solutions to complement the core protection functionality required for high-end equipment. Machinery protection systems have been a common sight in the HPI and other heavy process industries ever si

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