Automation and control system modernization remains one of the major issues faced by manufacturers. ARC estimates that over $65 billion worth of automation and control systems are nearing the end of their useful life. These estimates are even larger if one includes those installed systems that don’t meet the requirements for cybersecurity protection or the ability to leverage technologies, such as digital twin, cloud computing, advanced process control, predictive and prescriptive analytics, AR/VR, AI/ML, edge computing, and remote and autonomous operations. End users are primarily concerned with preserving their installed plant assets to reduce risk, prevent or minimize any possible unscheduled downtime, and increase organizational efficiency by consolidating automation and electrical systems and personnel.
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Control System Modernization - How Power and Automation Fusion Change Operational Resistance into Operational Resilience.pdf
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