Matrikon Inc. (TSX: MTK) the world's largest developer of standards-based OPC software, today announced the release of ProcessMonitor™ MIMOSA. With ProcessMonitor MIMOSA, Enterprise Decisions Support Systems (DSS) can access real-time and historical data and disseminate this information for Condition Based Maintenance, Maintenance & Production Planning and other maintenance and operational tactical purposes.
ProcessMonitor MIMOSA is standards-based software, enabling interoperability between process control, maintenance management (CMMS), condition monitoring, reliability and other enterprise software systems from different vendors.
Dynamic market influences such as production commitments, energy usage contracts and pipeline capacity leases force business decisions on production targets to be taken on a daily basis. These business decisions are made at the enterprise level with little or no consideration on whether or not the plant process equipment has the capacity and availability to meet this demand, leading to production target misses or even contractual penalties. Productivity is frequently hampered by equipment breakdown, causing unplanned downtime, or simply due to poor maintenance planning. Incorporating this real-time information in the decision making process increases productivity, lowers operational and maintenance costs and increasing asset lifetime.
"I am genuinely excited about the ProcessMonitor MIMOSA product announcement from Matrikon. I see it as another tangible expression of their commitment to open standards-based interoperability. By developing products incorporating both MIMOSA and OPC Foundation standards, they are demonstrating their active support of the OpenO&M Initiative™, which enables and promotes open-standards-based interoperability in the Operations and Maintenance domain for plants, fleets and facilities" said Alan T. Johnston, MIMOSA President.
MIMOSA is a not-for-profit trade association dedicated to developing and encouraging the adoption of open information standards for Operations and Maintenance in manufacturing, fleet, and facility environments. MIMOSA’s open standards enable collaborative asset lifecycle management in both commercial and military applications. MIMOSA is composed of progressive process and discrete manufacturing corporations, facility management companies, military organizations, capital equipment OEMs, and suppliers of asset management software systems including Human-Machine Interfaces (HMI), Manufacturing Execution Systems (MES), Plant Asset Management (PAM) systems, Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM/CMMS) systems, Operational Data Historian Systems (ODHS), and Condition Monitoring (CM) systems.
Matrikon is a leading provider of industrial intelligence solutions that enable manufacturing plants to achieve operational excellence by transforming production data into knowledge to predict and prevent problems and optimize operations. Matrikon's customers achieve agile operations through the combination of external market and plant data to make informed, intelligent decisions in real-time. With offices in major cities throughout North America, Australia, Europe and the Middle East and a global client base including industry leaders in a wide range of process industries, Matrikon's reach is global. For more information visit the Matrikon website
Matrikon and ProcessMonitor are trademarks or registered trademarks of Matrikon Inc.
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