Predictive analytics using data, statistical and machine learning techniques help to identify the impending failure before it happens. Ultimately malfunctioning and shutdown of industrial assets may arise because of a multitude of problems. We have helped a large oil and gas company to keep their production up and running all the time. Such a solution is based on IIoT data analysis on big data stack with a pool of statistical and machine learning algorithms to draw inference about failure well ahead time.
Consequently, it would lead to advanced failure/repairs of impends.
Advantages
- Lower maintenance cost and prevention of monetary losses.
- Analyze the cause of failure
- Avoid unplanned shutdowns
- Improve planned maintenance