value of predictive analytics for industrial ... - aits

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Machines 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 Value of Predictive Analytics for Industrial Applications “Predictive Asset Analytics was the software that convinced me that machine learning 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 are presented the opportunity to drive even greater efficiency and optimisation of assets and processes. Improving your asset's reliability, performance, and safety are top priorities for AVEVA's Predictive Asset Analytics solution. Designed to focus on existing assets and help reduce unscheduled downtime and maintenance costs, Predictive Asset Analytics provides early warning notification and diagnosis of equipment issues days, weeks or months before failure. Proven Results with a Trusted Solution $4,000,000+ $50,000+ $250,000 $240,000 $370,000 $250,000 $500,000+ avoided through early identification of power generation turbine blade damage savings per year through identification of pump inefficiencies for thermal performance improvements avoided through performance optimisation avoided due to early warning of pump feedwater heater and bypass valve problems avoided by early identification of improper control valve positioning avoided due to early warning of a bearing seal differential pressure problem avoided due to early identification of a plant motor coupling approaching failure Where is Predictive Asset Analytics Used? Food and Beverage, CPG Conveyor lines Bottling lines Packaging machines Chemicals Heat exchangers Extruders Reactors in columns Furnaces Equipment type and manufacturer agnostic including key assets in each of the industries below. Application of the technology to assets is virtually limitless. Oil and Gas Offshore pumping stations …and other critical equipment throughout the upstream, midstream and downstream processes Compressors Drilling rigs Expanders Pumps Distillation columns Steam turbines Transportation equipment Pipeline booster stations Mining Mobile Assets Crushers Conveyor lines Pumps Continuous mining equipment Ship loaders Mills Ventilation systems Longwall mining equipment Trucks Earth movers Power and Utilities Turbines Compressors Generators …and other transmission/distribution equipment Coal fired power plants Transformers Breakers Nuclear generation Renewables Motors Pumps The Most Comprehensive Predictive Analytics Solution for Industrial Applications Create alerts on deviation between actual values and predicted values. Manage and trend alerts by category, level, criticality, duration, and frequency. Alerts and Notifications: Develop analytics faster with automatic back-calculation, making historical data available for the monitoring period before the current calculation was created. Rapid Analytics and Model 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 performance of similar assets of the same type. Accelerate Roll Out and Time to Value: Every industrial enterprise needs to be concerned about security. Predictive Asset Analytics software integrates with existing enterprise security systems. The system supports single sign on authentication, and administrators can limit user access rights and editing privileges at a granular level. Cyber Security: Software as a Service (SaaS) Cloud hosting On-premise Remote Monitoring and Diagnostics as a Service Flexible Deployment Models AVEVA's Visual Asset Performance Management solution is in use today and delivering value for more customers across more industries than any other solution in the market. With proven results and a trusted software portfolio, AVEVA delivers solutions that maximize your return on asset investment. Cut Through the Hype and Invest in an Industry Leading Solution For a big picture look at digital transformation and the leading industrial software portfolio visit aveva.com © 2020 AVEVA Group plc and its subsidiaries. All rights reserved. linkedin.com/company/aveva www.aveva.com @avevagroup facebook.com/avevasolutions

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Page 1: Value of Predictive Analytics for Industrial ... - AITS

Machines don't have to fail. The modern industrialenterprise is generating massive amounts of data.Predictive Asset Analytics turns that data intoactionable insight to help avoid equipment failureand keep machines at optimal performance

Value of Predictive Analyticsfor Industrial Applications

“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 priorities for AVEVA'sPredictive Asset Analytics solution. Designed to focus on existing assets and help reduceunscheduled downtime and maintenance costs, Predictive Asset Analytics provides earlywarning notification and diagnosis of equipment issues days, weeks or months before failure.

Proven Results with a Trusted Solution

$4,000,000+

$50,000+

$250,000

$240,000

$370,000

$250,000

$500,000+

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

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.

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 mining equipment

Ship loaders

Mills

Ventilation systems Longwall mining equipment Trucks

Earth movers

Power and UtilitiesTurbines CompressorsGenerators

…and other transmission/distribution equipment

Coal fired power plantsTransformers

Breakers

Nuclear generation

Renewables

MotorsPumps

The Most Comprehensive Predictive Analytics Solution forIndustrial Applications

Create alerts on deviation between actual valuesand predicted values. Manage and trend alertsby category, level, criticality, duration, and frequency.

Alerts and Notifications:

Develop analytics faster with automatic back-calculation,making historical data available for the monitoring periodbefore the current calculation was created.

Rapid Analytics and Model 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 Out and Time to Value:

Every industrial enterprise needs to be concerned about security.Predictive Asset Analytics software integrates with existing enterprisesecurity systems. The system supports single sign on authentication,and administrators can limit user access rights and editing privilegesat a granular level.

Cyber Security:

Software as aService (SaaS)

Cloud hosting On-premise Remote Monitoringand Diagnostics as

a Service

Flexible Deployment Models

AVEVA's Visual Asset Performance Management solution is in use today and delivering value for morecustomers across more industries than any other solution in the market. With proven results and a trustedsoftware portfolio, AVEVA delivers solutions that maximize your return on asset investment.

Cut Through the Hype and Invest in an Industry Leading Solution

For a big picture look at digital transformation and the leadingindustrial software portfolio visit aveva.com

© 2020 AVEVA Group plc and its subsidiaries. All rights reserved.

linkedin.com/company/avevawww.aveva.com @avevagroup facebook.com/avevasolutions