Wonderware Unveils Collaborative Asset Optimization Solution For Linking Enterprise Activities from Plant Floor to Front Office.Business Editors and High-Tech Writers IRVINE, Calif.--(BUSINESS WIRE)--June 25, 2001 Wonderware Corp., an operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon of British-based Invensys plc, today launched its Collaborative Asset Optimization (cAO) solution, which integrates new software and service offerings to manufacturing enterprise applications from the plant floor to the boardroom. The new asset management initiative is designed specifically to help enterprises leverage production operations and optimize supply chain linkages to both suppliers and customers. "Asset management systems can play a key role in supporting the supply chain because enterprises today need to integrate every facet facet /fac·et/ (fas´it) a small plane surface on a hard body, as on a bone. fac·et n. 1. A small smooth area on a bone or other firm structure. 2. of their operations to facilitate business decision-making," said Carl Henning, senior vice president and general manager of Wonderware's Avantis Operations. "Knowledge of what's happening on the plant floor is crucial to this process and cAO is the means by which the plant floor data is transformed into actionable business information that can be disseminated to anywhere it's required." The cAO solution consists of three key functionalities: -- Real Time Asset Optimization, which provides an understanding of what's happening on the plant floor, using condition monitoring and asset health analysis to decrease unplanned downtime by enabling management to predict an asset's probability of failure, potential time to failure and probable failure mode. -- Enterprise Integration Suite, which uses XML-based technology to easily integrate plant and enterprise systems and ensure that information flows to where it's needed across the enterprise. -- Rapid Implementation Methodology (RIM), which is a methodology for deploying Wonderware's Avantis solution to ensure rapid return on investment. RIM can help enterprises get the most out of their Avantis asset management solution through the use of predefined templates. cAO will link asset health information with the Avantis asset management system and Wonderware FactorySuite's InTouch human-machine interface (HMI (Human Machine Interface) The user interface in a manufacturing or process control system. It provides a graphics-based visualization of an industrial control and monitoring system. ) software, permitting work activities to now be based on actual asset condition so that actions can be taken in advance of any failures. The same asset health information is readily available to both operations and maintenance personnel so that maintenance services can be better scheduled to minimize or avoid production downtime The time during which a computer is not functioning due to hardware, operating system or application program failure. . "Wonderware's leadership in the asset management market is evident with its cAO initiative," noted Houghton Leroy, director of consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" at industry consultants ARC Advisory Group. "Enterprises are striving to reduce costs and get the most out of their assets. With the advent of the cAO solution, enterprises are now in a position to lower their costs of operations and maintenance, improve uptime and optimize asset efficiency." Wonderware's new cAO software and services solution is available now. It will be formally launched at the Wonderware Showcase & Expo to be held at The Venetian Resort-Hotel-Casino in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , June 25-28, 2001. For more information on Avantis and Wonderware products and services, or for detailed information on attending the Wonderware Showcase in Las Vegas, visit the Wonderware Web site at www.wonderware.com. About Wonderware Wonderware, an independent operating unit of the Invensys Software Systems (ISS ISS See Institutional Shareholder Services (ISS). ) Division of Invensys plc, is the world's leading supplier of industrial automation software. Founded in 1987, the company pioneered the use of Microsoft Windows-based, human-machine-interface (HMI) automation software for manufacturing operation systems. Today, Wonderware's mission is to provide integrated software Separate software components or applications that have been combined into one package. See integrated software package. suites that drive the customer's strategic, planning and operational decision-making based on real-time plant floor information. Recent corporate and product acquisitions have broadened Wonderware's market coverage to range from "sensor to supply chain." In addition to its HMI and manufacturing execution systems – Manufacturing execution system (MES) describes a set of integrated functions within a packaged software system or it can also describe the accumulated functionality within the production management infrastructure of a manufacturing or production company. (MES (Manufacturing Execution Software) Software that provides real time access to plant activities that include equipment, labor, orders and inventory. An MES integrates the data with enterprise resource planning (ERP) systems so that management has complete control of ) products, Wonderware offers leading enterprise asset management (EAM (1) (Enterprise Asset Management) The management and control of the information technology assets within the enterprise. The asset management repository includes a description of the asset as well as contract information pertaining to its acquisition. ) solutions as well as strategic consulting services. Wonderware is based in Irvine, and has regional sales and development offices throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and Asia to provide support to its network of more than 160 independent distributor offices. Wonderware has more than 180,000 successful software installations in more than 30,000 plants worldwide. About Invensys Invensys plc is a global leader in the automation and controls industry. With its head office in London, it operates in all regions of the world through four focused divisions -- software systems, automation systems, power systems and control systems. With more than 90,000 employees, the company's products and services range from advanced control systems and networks for automating industrial plants and controlling the environments of buildings, to electronic devices and controls found in residential buildings and light commercial applications, plus complete power systems for the telecommunications and information technology industries. For more information, visit the Invensys home page at www.invensys.com. |
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