pwr_march-2024 - 23

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-the-art 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
March 2024 | POWER
www.powermag.com
23
rotating machines for which a 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
https://www.abb.com http://bit.ly/ABB-AI-white-paper http://bit.ly/ABB-APM http://www.powermag.com
pwr_march-2024

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