Condition Monitoring is an important cornerstone in the Industry 4.0 concept. The purpose of this presentation is to show how Condition Based Maintenance optimizes productivity and increases profitability in process industries. The presentation demonstrates the influence of CM on OEE and discusses KPIs that are essential for the continuous improvement of machine operation condition. The influence on ROI calculations is included in the summary.
Geoff Soper commenced his career with Philips Electrical Industries in the UK as an Instrument Maker and holds qualifications in engineering and business.In 1984 he moved to Sydney and was employed by a NDT Co. to implement its range of test, measuring and condition monitoring solutions throughout Australia and New Zealand. In 1994, after holding management roles primarily in IT services, he established and became the Managing Director of the apt Group (of Companies), to specifically address the growing need for on-line condition monitoring systems. Over the years he has been involved in emerging and new condition monitoring technologies for both mechanical and electrical plant. After evaluating the superior qualities of HD Technology, to provide the very best pre-warning of bearing and gear faults, along with its ability to assist in process optimisation, in 2012, exclusive distribution for the complete SPM Instrument range was acquired by the apt Group, for the region. Geoff talks from many years of experience in the field of condition monitoring and keeps up-to-date with the latest advancements within the sector.