Performance Metrics That Matter: Featuring Invensys VP Peter Martin
This presentation was recorded at the 2008 IW Best Plants Conference (www.iwbestplants.com)
Computer-based Automation and Information Systems have been deployed in industrial operations for decades often with less than spectacular results. Peter G. Martin, Ph.D., VP and GM of Performance Management, Invensys Process Systems notes there are many contributing factors involved including abnormal focus on the technology rather than plant performance, difficult to traverse organizational silos and death-by-initiatives. As the technology has advanced in capability it has finally begun to realize its true potential. The first step in the move to getting incremental business value from industrial assets is the development of effective and empowering performance metrics right for each person and group in the plant. Hear Dr. Martin discuss the evolution of real-time performance measurement systems that are driving new levels of business performance in industrial plants.