InTech

MAR-APR 2017

Issue link: http://intechdigitalxp.isa.org/i/806223

Contents of this Issue

Navigation

Page 29 of 53

Determine what data is valuable to gather Decide the best way to capture data Digital transformation by acting on analytics Develop a security strategy for connectivity Give the customer the flexibility to distribute analytics 2 3 3 5 4 6 Define the business case for machine connectivity Improving equipment availability 1 30 INTECH MARCH/APRIL 2017 WWW.ISA.ORG Six steps to improving equipment availability for OEM machine builders IIoT gives machine builders an opportunity to improve customer satisfaction and profits By Jeff Brown I DC predicts that by 2018, one-third of in- dustry leaders will be disrupted by "digitally enabled competitors." To remain competi- tive, original equipment manufacturer (OEM) machine builders need to digitally transform themselves by embracing the Industrial In- ternet of Things (IIoT) and big data predictive analytics. According to a recent survey report conducted by the Aberdeen Group, "best-in-class" manu - facturing companies are increasingly using IoT and big data to address and improve their top operational challenges, including: l reducing unplanned downtime l improving overall equipment effectiveness l reducing maintenance costs l increasing the return on assets As the IIoT continues to evolve, there are more and more opportunities for machine builders to gain a competitive advantage to generate new revenue streams and improve their product de - velopment processes through the availability of real-time data. The vital focus is using this data to provide better service and support to the customer and improving equipment availabil - ity through remote monitoring and predictive maintenance models. When innovative OEMs embed IIoT technolo- gy into machines, remote personnel can trouble- shoot issues, change operating parameters, and oversee machine operation with supervisory con - trol to avoid possible problems. OEMs can now advise on-site engineers and operators on how best to solve a problem or improve performance. This type of expertise combined with multi-ten - ant real-time visibility into daily operating condi- tions can extend the lifetime of machinery and process equipment.

Articles in this issue

Links on this page

Archives of this issue

view archives of InTech - MAR-APR 2017