In the era of connected technology, machinery plays a vital role in a manufacturing plant and it is essential to keep all the equipment functional at all times to ensure better productivity. Rotating equipment like compressors, turbines & pumps are widely used in heavy industries and despite all the best efforts, equipment fail at certain intervals impacting the productivity and profitability of the business. Effective Maintenance Management is the hub of a well-functioning maintenance organization. In order for maintenance to work, many other systems need to work well. Most importantly work identification of what to do and how to do it. In addition to Plant Maintenance, Reliability Management also has gained prominence, wherein the focus has shifted to not just attending to plant and machinery, but to manage equipment as an interconnected system under a larger umbrella of Asset Management.
Reliability optimization is an important part of plant revenue and profit. Reliability is the ability of the equipment unit to perform its stated duty without a forced (unscheduled) outage in a given period of time. According to industry reports, more than 60% of maintenance costs are spent on equipment wear, tear, and failure. Continuous improvement of reliability by optimizing predictive maintenance for rotating equipment is one of the most important challenges that maintenance professionals face today.
ParXcellence is taking a step to address the major challenges in the rotating machinery industry by hosting a two-day virtual conference which will bring in top industry experts addressing key challenges and case studies on topics like Causes of Rotating Equipment Failure, Precision Maintenance for Rotating Equipment, Condition Monitoring, Predictive Maintenance, Design of Rotating Equipment and Machines, Root Cause Failure, Vibration Analysis and many more. We hope these two days will be a great learning experience for delegates and meet and network with potential solution providers who have been market leaders in the rotating equipment industry. Looking forward to hosting you!