Owner-operators and suppliers face many complex issues relative to when and how to migrate obsolete control systems and technology. ARC Advisory Group estimates that $65 billion of obsolete technology..
Owner-operators and suppliers face many complex issues relative to when and how to migrate obsolete control systems and technology. ARC Advisory Group estimates that $65 billion of obsolete technology is still presently in use today, and much of it can be found in hydrocarbon processing plants. While many older systems are still performing well beyond the original life expectancy, this can introduce appreciable risk for owner-operators.
Some issues relate to the lack of availability from automation system components. However, another major concern is the skill shortage needed to support obsolete systems. Owner-operators must decide how to justify and manage risk to their manufacturing
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