Workforce
Moving from reactive to predictive maintenance requires the right tools for use by subject matter experts. As the power industry continues to advance from preventative to predictive maintenance, one thing…
In the utility industry, downtime and outages—from losing power to water shortages and burst pipes—can impact a customer’s day-to-day life, causing safety concerns and costly damages. This is especially true…
A Goldman Sachs private equity business is taking a stake in critical industry cybersecurity firm Fortress Information Security. The $125 million investment underscores a heightened awareness of supply chain vulnerabilities…
Power companies rely heavily on engineering, procurement, and construction (EPC) contractors to build new power facilities and keep old ones in top condition. However, some projects go smoother than others.…
Maintenance equipment and tools have always been important for plant operators. In the early days, the tools were likely made entirely of iron and steel, copper and brass, lead, leather,…
Following part one in this two-part series about operational excellence (OpEx) in the power industry, Hexagon discusses the value of setting milestones to help reach OpEx goals. In addition, the…