Energy Industry:
Energy industries are in a competitive environment needs to address the requirement of energy demand and in parallel need to deliver it with optimized cost by keeping the environmental parameters within control by following government policies and regulations. Since energy industries are subjected to thermal and mechanical environments, the equipment is easily prone to the degradation over a period of time. Hence the degradation also drags the performance of the equipment. By keeping all these constraints within its limits, energy utilities needs to deliver its output smartly. Hence Predictive & Prescriptive analytics plays a vital role in detecting he degradation, predicting the anomalies and recommending the optimized set point.
Einstein Energy Focus:
Einstein Energy is focused in providing cost effective and value proposition solution to energy industries with the help of its domain expertise and latest technologies.
Einstein Energy Solutions
PlantOptix is a powerful software platform which consists of various components which starts from measuring the process parameters to final recommendation of optimized parameter.It continuously stores the data of all the plant equipment’s in real time and makes the data available for monitoring, analysis, predictive analytics and prescriptive analytics.
PXLogix-Predictive Analytics
Method:
PXLogix is a submodule of PlantOptix which performs the activities of predictive analytics. As part of the solution it models the plant history data to monitor the asset in online to track its performances, degradation and any early notifications of failures. The failures/anomaly works based on the actual plant data deviates from the expected/predictive model created by the system. Also it monitors equipment based on the importance /priority which has any major problems, affects availability, or influences revenue. It enables users to spend little time to analyze any issues or waiting for an equipment to fail. Instead, staff is immediately notified through the notification that an equipment is not performing as expected. Hence it helps decision makers to plan better and prioritize the activity of replacement or servicing of any equipment.
PXOptix-Prescriptive Analytics
After detecting the root cause any problems by Predictive analytics, Prescriptive Analytics optimizes the assets operation by effectively recommending optimum set point guidelines/course of action for the controllable process parameters based on the data stored.
Benefits
- Helps to reduced Operation & Maintenance Costs
- Improves the efficiencies and reliability of equipment
- Reduction of unplanned outages and potential failures
- Reduces the investment cost
- Optimizes fuel consumption and costs
- Helps to reduce the pollutants
- Improves the stability of system operation
- Extended asset lifetime