In the modern marine operating environment today, shipping companies still maintain traditional engine room theories on how to manage installed assets. However, remote monitoring technology is increasing at such a pace that these asset suppliers have increasing capabilities to advise the engine room staff on the condition, deterioration, and eventual failure of most types of equipment. Caterpillar / MaK is looking at introducing remote monitoring for our marine product portfolio to help customers in improving reliability and extending maintenance intervals. Naval Architects will shortly need to understand how to design and install this technology during the new-build period to optimize the benefits to the owners. Owners need to begin to understand this new technology in order to build the advantages into their operating procedures and financial models.
As we begin this journey, Caterpillar is looking for input from marine professionals and industry leaders on how we can leverage this new technology to our customer's advantage. Please provide your thoughts on marine remote monitoring, realistic prices associated with this technology, and most importantly how could this be an advantage to you in lowering your operating costs. Your thoughts in and input will be considered for use in a technology paper being prepared for the winter 2011 conference season.
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