Asset Optimization For The Process Industries: From Data To Insights To Actions
Asset Optimization For The Process Industries: From Data To Insights To Actions
Asset Optimization For The Process Industries: From Data To Insights To Actions
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Established in 2012 to
Accelerate application of research innovations in Process Engineering software
Promote the use of Process Systems Engineering software in universities
ENGINEERING - DESIGN & OPTIMIZE THE ASSET MAINTENANCE - MAINTAIN THE ASSET
MANUFACTURING - OPERATE THE ASSET SUPPLY CHAIN - OPTIMIZE THE SUPPLY CHAIN
Embeddable
Market Trends HW/SW
Analytics
Connected industrial devices will proliferate
worldwide
http://www.gartner.com/newsroom/id/3165317
5 © 2017 Aspen Technology, Inc. All rights reserved.
Example: Wealth of Sensor Data in Plant Historians
Maintain
Asset
Lifecycle Maximize uptime with
actionable insights
Design
11 © 2017 Aspen Technology, Inc. All rights reserved.
Asset Optimization
A comprehensive, holistic approach to driving the highest possible financial return over the entire asset lifecycle
Smart Sensors
Big Data Maintain
Mobile Connectivity
Cloud Computing Maximize uptime with
High Fidelity Modeling actionable insights
AI & Machine Learning
Advanced Visualization
Push the boundaries of
what’s possible
Design
12 © 2017 Aspen Technology, Inc. All rights reserved.
Solution Vision
Data Sources Aggregate / Clean Insights Messaging and Actions • Data sources that span
/ Consolidate
Asset Optimization Engine time series, maintenance
Operational Data
Time Series Data records and textual
Models Operations
Guidance
content like operating
manuals
Events • Insights by bringing
Maintenance Data
together design,
Workflows operations and
Maintenance maintenance domains,
Asset / Material Info Guidance
Design Data
and automation of
complex analyses and
workflows
Rules
Textual • Guidance with an
Other sources Context Design objective to minimize
Guidance
plant lifecycle costs
subject to the level of
risk the organization can
Capture Organize Implement
tolerate
Predict and Prescribe
Sensor Needs
Maintenance Data
Analytics Engine
Enterprise Asset Asset Operator Spare Parts
Management Breakdown Data Records
Cognitive Computing Process Modeling
literature
PC / Mobile
VR AR
Pattern Search
M03
M01
Precursor
M04 predictive lag: 80 min
M02
Feature Extraction (Data Science)
- Structure learning
- Conditional probabilities
- Causal links connect nodes
Real-time
Data
Data Conditioning
Anomaly Detection
Key Contributions
Operational Guidance
Optimization of Operation
FT-ICR-MS Data
~ 50,00 points
Sensor Data Smart Trained Agents Asset Monitoring and Failure Prediction
Data Sourcesand
Data Sourcing Aggregate / Clean ComputingInsights
and Visualization Messaging and Actions
Transmission / Consolidate
Operational Data
Cognitive Reasoning Closed Loop Control
• Engineering
• Modeling
• Optimization
• Data Science
• Machine Learning
• Analytics