Distributed Control System Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
ELSE | B | Electro-Sensors, Inc. | 2.69 | |
HOLI | C | Hollysys Automation Technologies, Ltd. | -2.05 |
Related Industries: Diversified Industrials Scientific & Technical Instruments
Related ETFs - A few ETFs which own one or more of the above listed Distributed Control System stocks.
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
MAKX | D | ProShares S&P Kensho Smart Factories ETF | 4.9 | |
PGJ | D | PowerShares Golden Dragon China Portfolio | 0.92 | |
DWLD | A | Davis Select Worldwide ETF | 0.92 | |
DINT | A | Davis Select International ETF | 0.84 | |
KOMP | C | SPDR Kensho New Economies Composite ETF | 0.24 |
Compare ETFs
- Distributed Control System
A distributed control system (DCS) is a computerised control system for a process or plant usually with a large number of control loops, in which autonomous controllers are distributed throughout the system, but there is central operator supervisory control. This is in contrast to systems that use centralized controllers; either discrete controllers located at a central control room or within a central computer. The DCS concept increases reliability and reduces installation costs by localising control functions near the process plant, with remote monitoring and supervision.
Distributed control systems first emerged in large, high value, safety critical process industries, and were attractive because the DCS manufacturer would supply both the local control level and central supervisory equipment as an integrated package, thus reducing design integration risk. Today the functionality of SCADA and DCS systems are very similar, but DCS tends to be used on large continuous process plants where high reliability and security is important, and the control room is not geographically remote.
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