Rundown and corroded industrial assets can have a detrimental effect on the bottom line. But for most companies that rely on smooth flowing pipes and watertight tanks, such as in the oil and gas, rail, and mining sectors, knowing when industrial assets will become a liability is a challenge.
Fortune 500 company PPG Industries, founded in 1883 as the Pittsburgh Plate Glass Co., is turning to data collection and analytics to help its customers in a range of industries predict exactly when they’ll need to apply new coatings to prevent corrosion. The supplier of paints, coatings, and specialty materials has developed Asset Integrity Management (AIM), a digitally-enabled service that forecasts the future condition of PPG’s protective coatings and notifies customers as to which assets they need to repaint and when — before corrosion occurs.
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(Insider Story)
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Source: News