Industrial assets exist and operate in interconnected (oftentimes globally scaled) chains in which one weak link can break the full course of production. Connectivity in this reliability space shouldn’t be considered a luxury, it should be ingrained into the larger business strategy.
With companies tightening budgets and looking to make their operations more efficient, reduce unplanned downtime and apply data led insights to pre-empt maintenance issues – having connected operations is more important than ever. In this talk we will introduce the connected reliability framework/concept that enables plant operators to easily communicate between machinery, data-acquisition systems and maintenance and reliability teams (M&R).
Companies are quick to turn to digitalization like AI to generate insights on machine health and processes, but they often underestimate the obstacles during the implementation of these programs, more data is produced, but without proper connection between the two this can add to operational siloes. A connected reliability approach eliminates those barriers to unlock the true value of intelligent insights. When M&R teams have the right tools to acquire meaningful data, which is then available across multiple layers, it enables them to drive the right decisions at the right time, resulting in massive cost savings and uptime.