VALUE OF PREDICTIVE ANALYTICS FOR INDUSTRIAL … · AVEVA is a global leader in engineering and...
Transcript of VALUE OF PREDICTIVE ANALYTICS FOR INDUSTRIAL … · AVEVA is a global leader in engineering and...
VALUE OF PREDICTIVEANALYTICS FORINDUSTRIAL APPLICATIONSMachines don't have to fail. The modern industrial enterprise is generating massive amounts of data. Predictive Asset Analytics turns that data into actionable insight to help avoid equipment failure and keep machines at optimal performance.
Where is Predictive Asset Analytics Used?
Food and Beverage, CPGConveyor lines Bottling linesPackaging machines
ChemicalsHeat exchangers ExtrudersReactors in columns
Furnaces
Equipment type and manufacturer agnostic including key assets in each ofthe industries below. Application of the technology to assets is virtually limitless.
Power and UtilitiesTurbines CompressorsGenerators
…and other transmission/distribution equipment
Coal fired power plantsTransformers
Breakers
Nuclear generation
Renewables
MotorsPumps
Oil and GasOffshore pumping stations
…and other critical equipment throughout the upstream, midstream and downstream processes
Compressors Drilling rigs
Expanders
PumpsDistillation columnsSteam turbines
Transportation equipment Pipeline booster stations
MiningMobile Assets CrushersConveyor lines
Pumps
Continuous miningequipment Ship loaders Mills
Ventilation systems Longwall miningequipment
Trucks
Earth movers
Predictive Asset Analytics was the software that convinced me that machinelearning is real and it works.
Jane Arnold, Executive Vice President and the Head of Global Process Control Technology, Covestro
Assets are the heart of your business. In this digital age, as vast amounts of data are unleashed, we arepresented the opportunity to drive even greater efficiency and optimisation of assets and processes.
Improving your asset's reliability, performance, and safety are top prioritiesfor AVEVA's Predictive Asset Analytics solution. Designed to focus on existingassets and help reduce unscheduled downtime and maintenance costs,Predictive Asset Analytics provides early warning notification anddiagnosis of equipment issues days, weeks or months before failure.
Proven Results with a Trusted Solution
$4,000,000+
$500,000+
$250,000
$240,000
$370,000
$250,000
$50,000+
avoided through early identification ofpower generation turbine blade damage
savings per year through identification of pumpinefficiencies for thermal performance improvements
avoided through performance optimisation
avoided due to early warning of pump feedwaterheater and bypass valve problems
avoided by early identification of impropercontrol valve positioning
avoided due to early warning of a bearingseal differential pressure problem
avoided due to early identification of a plant motorcoupling approaching failure
© 2019 AVEVA Group plc and its subsidiaries. All rights reserved.
AVEVA is a global leader in engineering and industrial software driving digital transformation across the entire asset and operational life cycle of capital-intensiveindustries. The company’s engineering, planning and operations, asset performance, and monitoring and control solutions deliver proven results to over 16,000customers across the globe. Its customers are supported by the largest industrial software ecosystem, including 4,200 partners and 5,700 certified developers.AVEVA is headquartered in Cambridge, UK, with over 4,400 employees at 80 locations in over 40 countries.
AVEVA believes the information in this publication is correct as of its publication date. As part of continued product development, such information is subjectto change without prior notice and is related to the current software release. AVEVA is not responsible for any inadvertent errors. All product names mentionedare the trademarks of their respective holders.
About AVEVA
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The Most Comprehensive Predictive Analytics Solution forIndustrial Applications
Create alerts on deviation betweenactual values and predicted values.Manage and trend alerts by category,level, criticality, duration, and frequency.
Alerts and Notifications:
Develop analytics faster with automaticback-calculation, making historical dataavailable for the monitoring period beforethe current calculation was created.
Rapid Analytics andModel Development:
Spend less time learning and more time using.Users have the ability to view the raw training data,see results of the model, compare the performanceof similar assets of the same type.
Accelerate Roll Outand Time to Value:
Every industrial enterprise needs to be concerned aboutsecurity. Predictive Asset Analytics software integrates withexisting enterprise security systems. The system supportssingle sign on authentication, and administrators can limituser access rights and editing privileges at a granular level.
Cyber Security:
Flexible Deployment Models
Software as aService (SaaS)
Cloud hosting On-premise Remote Monitoringand Diagnostics as
a Service
AVEVA's Predictive Asset Analytics solution is in use today and delivering value for more customersacross more industries than any other solution in the market. With proven results and a trusted softwareportfolio, AVEVA delivers solutions that maximise your return on assets investment.
Cut Through the Hype and Invest in anIndustry Leading Solution
For a big picture look at digital transformation and the leadingindustrial software portfolio visit aveva.com