Predictive Asset Analytics (PRiSM)

Solution : Predictive Asset Analytics (PRiSM)
Categories : Asset Performance Management
Brand : AVEVA

Want to save your assets from unexpected downtime? Predictive Assets Analytic ( PRiSM ) can save your plant’s equipment as well as gaining the highest return on assets. PRiSM helps an organization to achieve the highest return on critical assets by reinforcing predictive maintenance (PdM) programs. This will improve the reliability, performance, and safety of your organizations. It works as an early warning notification and diagnosis of equipment issues days, weeks or months before failure. This will help organizations reduce equipment downtime, increase efficiency, increase reliability and improve performance while reducing operation and maintenance expenditures.

Through your HMI and SCADA systems, your organization has already experienced the impact that meaningful data has on your daily operations. Realtime information, displayed in context, means your personnel can easily identify abnormal conditions, focus their attention immediately on problems, and interact with your machinery from anywhere in the world.

Your assets are continually generating huge amounts of information, but how much of this data do you miss? How much do you not see, not interpret, and not use? By reading and responding to this data effectively, you can get much more out of what you already have. Asset Performance Management helps you streamline your processes, increase reliability, reduce downtime, and achieve asset performance excellence.

Improving reliability, performance and safety are among the top priorities of industrial plants and other asset-intensive organizations, and businesses today are focusing their efforts and resources on controlling costs and maximizing value from investments already made. Predictive Asset Analytics helps organizations gain the highest return on critical assets by supporting predictive maintenance (PdM) programs with early warning detection of equipment issues ahead of existing operational alarms.

Predictive Asset Analytics gives users the ability to quickly transform raw data into actionable insights to prevent equipment failure and make smart decisions that improve operations. Equipment agnostic, Predictive Asset Analytics can be configured to monitor assets regardless of equipment type, vendor, or asset age without the need for manufacturer-specific asset information.

Alerts and Notifications
Users can set alert thresholds to communicate when the deviation between actual values and predicted values exceeds allowed limits. Alerts can be managed in a variety of ways including by alert category, level, criticality, duration, and frequency. Each alert event is also directly linked to a graphical trend for that asset that shows the event data, threshold limits, and times when the values are in alarm. Relevant users and groups can be notified in real-time if an asset is in alert status through PRiSM Predictive Asset Analytics’s customisable email notification capabilities.

Calculation Engine
The software includes an advanced calculation engine that provides the ability to develop simple and complex calculations to create pseudo or ‘virtual’ points. The results of these calculations can be used in PRiSM Predictive Asset Analytics models, allowing for greater system flexibility. The calculations can automatically back-calculate, making historical data available for the monitoring period before the current calculation was created.

Data Analysis
PRiSM Predictive Asset Analytics includes a variety of advanced statistical and model-based comparison applications and business intelligence tools that enable users to spend less time searching for potential problems. Users have the ability to view the raw training data, see results of the model, compare the performance of similar assets of the same type, and view the effects of alerts. Diagnostic ability reduces the likelihood that an engineer will attribute abnormal operating conditions to the wrong variable.

Transient Module
The PRiSM Predictive Asset Analytics Transient Module provides the ability for online monitoring of abnormal conditions during a transient, such as startups and shutdowns. PRiSM Predictive Asset Analytics is also able to automatically identify previous transient events from the historian, which is useful for comparisons.

Monitoring and Diagnostics
We offer comprehensive monitoring and diagnostic services remotely or on-site. We can train you to deploy, maintain and monitor your own models, or we can do the monitoring for you. Our team of experienced engineers can assist you with every step of the process from model training, to diagnostics, to best practices.

Security
PRiSM Predictive Asset Analytics software integrates with existing enterprise security systems. The system supports single sign-on authentication, and administrators have the ability to limit user access rights and editing privileges at a granular level.

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