As a process engineer, I spent more than half my time looking for relevant data and getting it into a format that I could analyze. Then, I could finally do my real job of making improvements in quality, throughput, and equipment integrity. Getting more data collected electronically was cost prohibitive at that time.
Now that costs have decreased exponentially for wireless devices, edge software, and cloud software to monitor and control the plant, we have the opportunity to fundamentally change how we improve the chemical process. We can finally get the right data to understand the impact of tiny variations in the process. With this knowledge, we can deploy analytics to detect and correct these variations in the future. When used to augment the existing control systems, these analytics will reduce risk.
According to Gartner, “Asset performance management (APM) is becoming a core competency to improve overall business operations in asset-intensive industries.” To learn more, check out the 2019 Gartner APM Market Guide* here.
The future is finally here for the chemical industry. Learn more about how GE Digital solutions can help you on this journey.