ROANOKE, Va., Nov. 2, 2021 /PRNewswire/ -- Itus Digital
and Wabtec today announced a partnership to deliver Asset
Performance Management (APM) solutions to the mining
industry. The solution combines Itus's APM platform with
Wabtec's mining equipment expertise and enables mining
organizations to deliver predictable production, optimize
maintenance activities and reduce operational risk.
The mining industry continues to see cost volatility, tight
margins and high demand which requires mine sites to maximize the
utilization of their industrial assets to meet business
objectives. Leveraging APM solutions, miners can address this
key challenge by implementing optimal maintenance strategies,
managing equipment health in real time, and driving proactive
corrective actions when failure risks are detected.
"Wabtec's equipment expertise, sensing capabilities and global
reach to the mining market are a perfect fit for our APM solution,"
said Joe Nichols, President, Itus
Digital. "Key enablers to ensuring rapid ROI in APM solutions
include access to equipment data, embedded domain expertise and
close collaboration with customer asset management teams, this
partnership delivers on all aspects."
"Increasing throughput while managing operating costs is a key
objective for our customers and Asset Performance Management has
become a key approach to driving competitive differentiation," said
Henro Van Wyk, VP & GM of Wabtec Digital Mine. "Itus
Digital has one of the most experienced teams in the APM space and
their solution reflects that, this partnership enables us to
deliver a practical, fit for purpose solution to our customers and
enable them to maximize their return on capital deployed."
Wabtec Corporation (NYSE: WAB) is focused on creating
transportation solutions that move and improve the world. The
company is a leading global provider of equipment, systems, digital
solutions and value-added services for the freight and transit rail
industries, as well as the mining, marine and industrial markets.
Wabtec has been a leader in the rail industry for over 150 years
and has a vision to achieve a zero-emission rail system in the U.S.
and worldwide. The company has approximately 27,000 employees
located at facilities in 50 countries throughout the world. Visit
Wabtec's website at: https://www.wabteccorp.com/.
About Itus Digital
Itus Digital is a team of industrial software veterans
maniacally focused on optimizing the performance of industrial
assets by fusing apps, industrial engineering expertise and
analytics within simple to use and scalable software solutions. For
more information visit https://www.itusdigital.com/.
SOURCE Itus Digital