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Alarm Management (AM)

Alarm management refers to the process of designing, implementing and maintaining alarm systems in industrial plants.

The aim is to increase safety, minimize operational disruptions and ensure efficient responses to potential hazards. Prioritization, grouping and escalation strategies are used to differentiate between critical and less critical alarms.

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Alarm Management (AM)

Operational Expenditure (OPEX)

Operational Expenditure includes the ongoing costs for running a company.

Capital Expenditure (CAPEX)

Capital Expenditure refers to funds used by a company to acquire, upgrade, or maintain long-term assets such as buildings, vehicles, or equipment.

Edge Computing

Edge Computing is especially used in IoT environments to enable real-time analysis and decisions at the site of action, which is crucial for Industry 4.0.

Alarm Management (AM)

Other helpful articles

Operational Expenditure (OPEX)

Operational Expenditure includes the ongoing costs for running a company.

Capital Expenditure (CAPEX)

Capital Expenditure refers to funds used by a company to acquire, upgrade, or maintain long-term assets such as buildings, vehicles, or equipment.

Edge Computing

Edge Computing is especially used in IoT environments to enable real-time analysis and decisions at the site of action, which is crucial for Industry 4.0.