Scandoil  

GE Measurement & Control invests in Meridium


Published Jul 25, 2014
GE - logo

GE’s Measurement & Control announced a minority equity investment in Meridium. The companies intend to enter into a joint development and distribution agreement that will integrate Meridium’s asset performance management (APM) software and GE’s Bently Nevada System 1™ Asset Condition Monitoring (ACM) technology.

GE’s System 1 ACM technology is part of the Bently Nevada product line that produces machine condition sensors, data acquisition hardware and software. Meridium’s APM aggregates data from System 1 and other plant maintenance systems to provide plant engineers with a dashboard of reliability metrics.

This new Industrial Internet software offering will enable condition-based maintenance with pinpoint precision, in near real-time, resulting in an estimated 10-30 percent in maintenance cost reduction. This is a critical capability for customers in the Oil and Gas, Power Generation, Hydrocarbon Processing and other asset intensive industries.

Tags: GE Oil & Gas




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml