Mitsubishi Power Systems Selects SmartSignal to Optimize Remote Monitoring and Diagnostics.Energy Editors/Business Editors POWER-GEN Europe BARCELONA, Spain--(BUSINESS WIRE)--May 25, 2004 Real-time predictive technology enhances turbine monitoring, performance and design SmartSignal Corporation, the leading provider of predictive technology for Equipment Condition Monitoring Condition monitoring is the process of monitoring a parameter of condition in machinery, such that a significant change is indicative of a developing failure. It is a major component of predictive maintenance. (TM) (ECM (1) (Enterprise Change Management) See version control and configuration management. (2) (Error Correcting Mode) A Group 3 fax capability that can test for errors within a row of pixels and request retransmission. ), today announced an agreement with Mitsubishi Power Systems Inc. to dramatically enhance the company's fleet-wide remote monitoring (protocol) remote monitoring - (RMON) A network management protocol that allows network information to be gathered at a single computer. Whereas SNMP gathers network data from a single type of Management Information Base (MIB), RMON 1 defines nine additional MIBs that provide a and diagnostic offering. Using the advanced ECM software product from SmartSignal, Mitsubishi's Remote Monitoring and Diagnostics Center will be better equipped to proactively provide diagnostics into potential problems related to the company's installed fleet of gas and steam turbines Steam turbine A machine for generating mechanical power in rotary motion from the energy of steam at temperature and pressure above that of an available sink. By far the most widely used and most powerful turbines are those driven by steam. . SmartSignal's real-time ECM product improves asset availability fleet-wide by decreasing unplanned downtime The time during which a computer is not functioning due to hardware, operating system or application program failure. , increasing uptime and optimizing maintenance scheduling. The SmartSignal ECM product provides unprecedented early warning of incipient incipient (insip´ēent), adj beginning, initial, commencing. incipient beginning to exist; coming into existence. faults through a proprietary technology which provides serial-number specific "models" of individual equipment performance. As a result, the ECM product will enable Mitsubishi to leverage their turbine expertise with the most advanced modeling technology available. "Mitsubishi turbines are the worldwide standard for efficiency, reliability and stability," said Hector Ponce, Executive Vice President Operations, Mitsubishi Power Systems. "The addition of real-time monitoring technology to our service offering is consistent with the commitment to provide our customers with innovation, proven technology and the best service." Regulatory and social pressures have forced energy companies to examine new methods to increase shareholder value and maintain service level agreements. The ability to provide early warning of incipient faults enables operators to respond quickly to fluctuating demand and decrease derates and forced outages. Remote monitoring and diagnostics centers, such as Mitsubishi's Orlando service center, allows power producers to enhance system-wide performance, increase return-on-assets, lower outage out·age n. 1. A quantity or portion of something lacking after delivery or storage. 2. A temporary suspension of operation, especially of electric power. rates, optimize inventory levels and decrease maintenance costs. "Our ECM product delivers real-time health monitoring of turbine performance in the field and contributes directly to the tradition of innovative engineering and design at Mitsubishi," said Gary Conkright, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , SmartSignal. "The SmartSignal ECM product, with advanced fleet-management capabilities, can help boost the availability of almost any instrumented fleet of industrial assets - from turbines to pumps to engines." About Mitsubishi Power Systems Mitsubishi Power Systems, Inc. (MPS) is a subsidiary company of Mitsubishi Heavy Industries, Ltd. (MHI MHI Manufactured Housing Institute MHI Montreal Heart Institute (Montreal, Quebec, Canada) MHI Median Household Income MHI Main Hawaiian Islands MHI Material Handling Institute ), a diversified Fortune "Global 150" company that generates more than $25 billion in annual revenues and employs more than 40,000 people worldwide. MHI is a world leader in the design, manufacture, installation and service of commercial and industrial power systems. The SmartSignal Summit on Predictive Condition Monitoring(TM) The SmartSignal Summit on Predictive Condition Monitoring(TM) is an exclusive two-day conference that provides a forum to explore the value, benefits and applications of predictive technologies. Industry leaders, analysts and customers will attend to present innovative business strategies and discuss the critical role of predictive monitoring technology in today's enterprise. Industry tracks focused on aviation, commercial transportation, energy and other sectors are geared to demonstrate how companies can increase return-on-assets, improve asset availability, decrease maintenance costs, improve customer service and ultimately increase the bottom line. The SmartSignal Summit on Predictive Condition Monitoring is scheduled for September 20-21, 2004 at the Hard Rock Hotel in Chicago. To learn more, visit https://www.smartsignal.com/summit or call 1-866-744-6259 or 630-829-4000. About SmartSignal Corporation SmartSignal Corporation is the leader in Predictive Technology. The technology, available as an enterprise software solution--Equipment Condition Monitoring (ECM)(TM)--or as a predictive platform for original equipment manufacturers (OEMs), helps companies gain unprecedented insight into the health of critical business assets. Through real-time monitoring and prediction, companies are able to avoid catastrophic failures, increase capacity and improve overall return-on assets. SmartSignal's clients include industry leaders such as Arizona Public Service Arizona Public Service Company is the largest electric utility in Arizona and the principal subsidiary of publicly-traded S&P 500 member Pinnacle West Capital Corporation (NYSE: PNW), which in turn had been formerly named AZP Group , Dynegy, Delta Air Lines, Entergy and General Motors Electro-Motive Division. In 2003, SmartSignal was listed as one of The FocalPoint Group's Top 40 North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. M2M M2M Machine-to-Machine (communication, mainly mobile) M2M Minutes to Midnight (Linkin Park album) M2M Mobile to Mobile (cellular phone) M2M Member-to-Member M2M Month to Month Innovators and also won the prestigious Chicago Sun-Times This article is about the Chicago newspaper. For the Canadian newspaper, see Owen Sound Sun Times. The Chicago Sun-Times is an American daily newspaper published in Chicago. Innovation Award. In 2004, SmartSignal was named best maintenance/modification solution by Flight International Magazine at the annual Aerospace Industry Awards. For more information visit http://www.smartsignal.com. |
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