ABB proposes EAM solution for safe operation of nuclear power plants in China

ABB's Ventyx Corporation Provides Advanced Enterprise Asset Management Software for China's Nuclear Power Construction, Zurich, Switzerland, November 23, 2010 – ABB, the world’s leading power and automation technology group, today announced its newly acquired global energy, power, communications and other Ventyx, a leading supplier of asset-intensive industry software, will provide enterprise asset management (EAM) software solutions for the new nuclear power plant project of CNNC Nuclear Power Co., Ltd.

About EAM

What is EAM? There are three main types of current popular sayings:

The first is: EAM (Enterprise Asset Management) is a set of asset-intensive companies that use modern information technology (IT) to reduce downtime and increase production output, without significantly increasing maintenance costs in new construction, ongoing construction and operation maintenance of asset-intensive companies. Enterprise Resource Planning System. Second, EAM is a solution for asset-intensive companies. Third, EAM is an ERP for asset-intensive companies.

EAM's core function EAM (Enterprise Asset Management) is a general term for enterprise information solutions for asset-intensive companies. It aims to improve the availability of assets, reduce the cost of operation and maintenance of the enterprise, and optimize the maintenance resources of the enterprise as the core. Through informational means, the maintenance plan and related resources and activities are reasonably arranged. By increasing the availability of equipment, it is possible to increase revenue, and to reduce the cost by optimizing the arrangement of maintenance resources, thereby improving the economic efficiency of enterprises and the market competitiveness of enterprises.

Today, with increasingly fierce commercial competition, equipment maintenance for high-value assets is no longer limited to the cost category, but also becomes a strategic tool for profit. EAM products enable this goal to be achieved. EAM is a commodity application software with enterprise assets and maintenance management as the core. It mainly includes: basic management, work order management, preventive maintenance management, asset management, job planning management, security management, inventory management, procurement management, and reporting. Basic functional modules such as management, maintenance management, data acquisition and management, and optional modules such as workflow management and decision analysis.

Based on the asset model and equipment ledger, EAM strengthens the management thinking of cost accounting, and uses the creation, approval, execution, and closure of work orders as the main line to rationally and optimally arrange related human, financial, and material resources, and traditional passive Maintenance is transformed into proactive, preventive maintenance and integrated with real-time data acquisition systems for preventive maintenance. By tracking and recording the maintenance history of the company's entire process, the personal knowledge of maintenance personnel is converted into enterprise-wide intellectual capital. The integrated industrial process and business process configuration capabilities enable users to easily perform system authorization management and application customization.

The EAM software developed by Ventyx is a leading operation and maintenance management solution in the field of nuclear power and can help customers achieve safe and reliable nuclear power operations. The cooperation between ABB and CNNC Nuclear Power further confirmed the positive impact of the acquisition of Ventyx. Today, ABB can organically integrate information technology and operational technology to meet customers' unique and even extremely stringent requirements for solutions.

Jens Birgersson, head of the ABB Power Systems network management business unit, said: "ABB's extensive technical product line and industry experience are in line with Ventyx's performance in power plant management software systems, which can bring unique value to customers."

ABB is a leading provider of solutions for power generation. Many large nuclear power plants in North America use Ventyx software to manage power station operations and maintenance.

ABB will cooperate with the Nuclear Power Operation Research Institute and the Nuclear Industry Computer Application Research Institute under the China National Nuclear Corporation to provide software services and project training for China Nuclear Power Group's Fuqing and Fangjiashan nuclear power plants.

CNNC Nuclear Power Co., Ltd. is affiliated to CNNC. CNNC is the main force in the construction of China's nuclear power, and its nuclear power project ranks the world's leading in terms of scale. Nuclear power is an important clean energy used to replace traditional thermal power generation and plays an important role in China's energy development strategy.

DH Series Pellet Mill

Dry Roll Press Granulator Co., Ltd. , http://www.nspelletmill.com