President & CEO of Hydro on What to Expect in 2019

George Harris, president and CEO of Hydro, looks ahead at what the pumps industry can expect from this year. For extensive state of the industry coverage, click here. How do you expect the brewing trade war to impact the process industries in 2019? How will countries outside of the U.S. and China be affected? While some imbalance will inevitably occur in general, the long-term benefit of establishing fair trade is efficient for global trading. What does your company do to recruit and retain talent? Hydro has a commitment to our family culture. Our “zero lay-off” policy sends a message of commitment to our employees, which in turn helps increase retention efforts. What are the biggest benefits to organizations that are embracing IIoT technologies? The benefits of improved equipment reliability are a far more efficient utilization of the maintenance process. It will be a revolution in the management of pumps and their respective systems. It will be like comparing today’s manufactured, and highly sensored automobiles to a car 15 to 20 years old. Cars of today build in systems that speak to you, alert you when not in the proper lane, and tell you when your tire pressure is low, just to name a few. Pumps are operated for the most part without proper system management.