pwr_february-2024 - 5

PARTNER INSIGHTS
SPONSORED CONTENT
Bringing Advanced Analytics and
Asset Performance Management
to a Previously Disconnected
World
Many companies still rely on time-based scheduling
to conduct maintenance, but that is rarely as effective or
efficient as basing maintenance on current asset health
data. Prioritizing work based on what really matters, almost
always saves time and money while minimizing
breakdowns.
Asset Performance Management Solutions
In today's world where wireless technology is very costeffective
and reliable, it makes sense to retrofit
systems and take advantage of state-of-theart
assest performance management (APM)
solutions. ABB's APM application utilizes advanced
machine learning and artificial intelligence,
along with preconfigured first-principle
models, to continuously evaluate asset health
and detect impending issues.
When asset health degradation is discovered,
an alert can be sent denoting the potential failure
mode and assessed severity. With this information,
operators can initiate an investigation and
close the loop by sending any required action to
the plant's computerized maintenance management
system (CMMS) or directly back to the asset via the distributed
control system (DCS).
Benefits of Smart Sensors
Wireless smart sensors allow previously unconnected
balance-of-plant equipment to be added to APM systems
with minimal trouble. Now, critical information, such as vibrations
(3 axis), temperature, magnetic field, and ultrasonic
acoustics, can be easily measured and fed into APM systems.
And the benefits can pay off very quickly.
A multinational industrial gas company, for example,
utilized ABB's combination of hardware and software
to wirelessly monitor 45 rotating machines for which a
February 2024 | POWER
wired condition monitoring solution had previously been
deemed too expensive. The data was aggregated into an
overall equipment health dashboard that highlighted
equipment that had degraded. Within six months of commissioning,
two alerts identified equipment degradation
early enough to prevent unplanned failure and the associated
costs. In addition, overall operational costs were
optimized by eliminating the need to manually monitor
vibration.
It's clear that there's never been a better time than now
to improve plant system monitoring by taking advantage of
wireless technology. ABB is bringing advanced analytics and
enhanced asset performance into reach using a combination
of existing wired customer data, ABB Ability™ Smart Sensors
and APM software applications. With this solution, true
digitalization is possible with edge-to-edge connectivity and
closed-loop control.
ABB is a leader in advanced analytics and APM technology. If
you'd like to learn more, please download our Asset Performance
Management white paper at bit.ly/ABB-AI-white-paper, or visit
bit.ly/ABB-APM to learn more and request a call.
www.abb.com
www.powermag.com
5
http://bit.ly/ABB-AI-white-paper http://bit.ly/ABB-APM https://www.abb.com http://www.powermag.com
pwr_february-2024

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