How the IIoT is Delivering on the Promise of Asset Performance Management Part 1

Schneider Electric

September 28, 2017

By John Boville

If you had researched the Industrial Internet of Things online in the mid-1990s, there might have been a handful of results. But if you searched on terms like asset performance management, predictive maintenance, and computerized maintenance management, you would have found thousands of entries. While such maintenance automation is finally gaining a foothold in industry, realizing its full potential has been hampered by limited access to the contextual data related to things like system wear and performance degradation. As more industrial devices gain intelligence and Internet connectivity, however, their data histories are increasingly exposed, offering advanced maintenance applications a richer supply of data for analysis. And all indications are that the number of digitally-enabled industrial devices is growing dramatically.

CISCO[1] projects that more than 50 billion things will be connected to the internet by 2020, resulting in more traffic, more data, more storage, and more energy consumption. Looking at this from and industrial perspective, IHS reports that only 9.1% of the more than 23.8 billion process and discrete automation elements are currently networked, but the compound annual growth rate of such deployments will increase to 24.1% in 2019.[2] 

As an example of how increasing digitization might improve plant operations, Schneider Electric senior vice president for strategy Greg Conary points to improved communications between drives and pumps: “Pumps are typically dumb assets. They turn based on the amount of electricity supplied to them. But if you can embed the pump operating curve into a drive, when it sends electricity down into the pump, it knows how fast the pump should be turning and if it doesn’t fit the profile it can contact someone to find out why,” he said. Increasing digitization of this sort will impact maintenance at all levels. As defined by ARC Advisory group, these include reactive, preventive, predictive, and prescriptive maintenance practices.[3]

As ARC estimates, unscheduled downtime can approach zero when prescriptive strategies are applied. Predictive strategies can deliver twice the cost benefits of preventive strategies, and, in comparison to preventive strategies, reactive maintenance could increase lifecycle maintenance costs by a factor of 10 when a failure occurs. ARC sees IIoT offering new opportunities for asset performance improvement by combining the growing wealth of data with advance analytics.

Approach

Method

Application

Cost/Benefit

Reactive

Run to failure, and then repair

Failure is unlikely, easily fixed and/or non-critical

10X plus when failure occurs

Preventive

Service in a fixed time or cycle interval

Probability of failure increases with asset use

2X maintenance costs

Predictive

Monitor a single process data value for bad trends and alert prior to failure

Assets with random or unpredictable failure pattern

1X maintenance costs

Prescriptive

Multiple variables with engineered algorithms and/or machine learning

Longer range prediction of failure with high confidence

Unscheduled downtime approaches zero

 

John Boville is a marketing manager for Schneider Electric’s marketing and innovation group, where he focuses on the Modicon controller line. He has been with Schneider Electric industrial automation for more than 25 years, including implementing market segment strategies for the automotive industry. Prior to joining Modicon, before it became part of Schneider Electric, he served for 12 years in project engineering for CEGELEC Automation as an industrial system designer, installation specialist, and project leader for large automation migration projects. He holds a B.S. in electrical engineering from the University of Bradford, U.K. Keep up with John’s latest insight in his blog: http://blog.schneider-electric.com/author/jboville/

References

1.http://blogs.cisco.com/news/cisco-connections-counter

2. http://industrial.embedded-computing.com/articles/industrial-will-manufacturing-devices-networked/

3. https://www.linkedin.com/pulse/optimize-asset-performance-industrial-iot-analytics-ralph-rio

 

Related Articles


Changing Scene

  • MacKinnon Magnetics Announces Resilient Sales Corporation as Their Newest Sales Agency Partner

    MacKinnon Magnetics Announces Resilient Sales Corporation as Their Newest Sales Agency Partner

    MacKinnon Magnetics is pleased to welcome Resilient Sales Corporation as their newest sales agency partner. Resilient Sales will represent MacKinnon Magnetics across Northeastern Ontario, including the Districts of Muskoka and Parry Sound. Key markets include Sudbury, North Bay, Timmins, Kirkland Lake, Sault Ste. Marie, Huntsville, Bracebridge and Parry Sound. This partnership expands MacKinnon Magnetics regional… Read More…

  • Canada Controls Announces the Grand Opening of Their New Edmonton Branch

    Canada Controls Announces the Grand Opening of Their New Edmonton Branch

    Canada Controls is excited to officially celebrate the Grand Opening of their new branch in Edmonton, Alberta! Join them on September 10th from 10 AM–4 PM as they welcome customers, partners, and friends to their newest location. Come meet the team, connect with their industry partners, and enjoy some great food. Most importantly, Canada Controls… Read More…


Sponsored Content
The Easy Way to the Industrial IoT

The way to the Industrial IoT does not have to be complicated. Whether access to valuable data is required or new, data-driven services are to be generated, Weidmuller enables its customers to go from data to value the easy way. Weidmuller’s comprehensive and cutting-edge IIoT portfolio applies to greenfield and brownfield applications. Weidmuller offers components and solutions from data acquisition, data pre-processing, data communication and data analysis.

Visit Weidmuller’s Industrial IoT Portfolio.


ADVANCED Motion Controls Takes Servo Drives to New Heights (and Depths) with FlexPro Extended Environment Product Line

Advanced Motion Controls is proud to announce the addition of six new CANopen servo drives with Extended Environment capabilities to their FlexPro line. These new drives join AMC’s existing EtherCAT Extended Environment FlexPro drives, making the FlexPro line the go-to solution for motion control applications in harsh environments.

Many motion control applications take place in conditions that are less than ideal, such as extreme temperatures, high and low pressures, shocks and vibrations, and contamination. Electronics, including servo drives, can malfunction or sustain permanent damage in these conditions.

Read More


Service Wire Co. Announces New Titles for Key Executives

Bruce Kesler and Mark Gatewood have been given new titles and responsibilities for Service Wire Co.

Bruce Kesler has assumed the role of Senior Director – Business Development. Bruce will be responsible for Service Wire’s largest strategic accounts and our growing Strategic Accounts Team.

Mark Gatewood has been promoted to the role of Vice President – Sales & Marketing. In this role, Gatewood will lead the efforts of Service Wire Company’s entire sales and marketing organization in all market verticals.

Read More


Tri-Mach Announces the Purchase of an Additional 45,000 sq ft. Facility

Tri-Mach Elmira Facility

Recently, Tri-Mach Inc. was thrilled to announce the addition of a new 45,000 sq ft. facility. Located at 285 Union St., Elmira, ON, this facility expands Tri-Mach’s capabilities, allowing them to better serve the growing needs of their customers.

Positioning for growth, this additional facility will allow Tri-Mach to continue taking on large-scale projects, enhance product performance testing, and provide equipment storage for their customers. The building will also be the new home to their Skilled Trades Centre of Excellence.

Read More


JMP Parent Company, CONVERGIX Acquires AGR Automation, Expanding Global Reach

Convergix Automation Solutions has completed the acquisition of AGR Automation (“AGR”), a UK-based provider of custom, high-performance automation design and systems integration primarily to the life sciences industry.

Following Convergix’s acquisitions of JMP Solutions in August 2021 and Classic Design in February 2022, AGR marks the third investment in Crestview’s strategy to build Convergix into a diversified automation solutions provider targeting the global $500+ billion market, with a particular focus on the $70 billion global systems integration and connectivity segments. Financial terms of the transaction were not disclosed.

Read More


Latest Articles

  • Electromate: Spring Applied & Power-Off Permanent Magnet Brakes – Engineering Failsafe Motion Control

    Electromate: Spring Applied & Power-Off Permanent Magnet Brakes – Engineering Failsafe Motion Control

    Most electromagnetic brakes work on a simple logic: apply current, apply braking. Remove current, release braking. For many industrial applications, conveyors, packaging lines, printing machines, this is exactly the right behavior. The brake engages on demand and releases when not needed. But for a significant class of machines, this logic is exactly backwards. Robots, vertical… Read More…

  • ITC 101 Series: Why Certifications (UL, CSA) Matter in Industrial Components

    ITC 101 Series: Why Certifications (UL, CSA) Matter in Industrial Components

    When selecting industrial electrical components, certification is more than a logo on a datasheet. A certification mark indicates that a product or component has been independently evaluated against specified requirements for its intended market. In North America, selecting products with the appropriate certification can affect regulatory acceptance, equipment certification, inspections and project completion. The key… Read More…