AVOIDING EQUIPMENT FAILURE WITH ENGINEERING DATA ANALYTICS AND AI

Similar documents
ENHANCING BUSINESS EFFICIENCY WITH AI AND ENGINEERING DATA ANALYTICS

PREDICTIVE ANALYTICS FOR DATA-DRIVEN DECISIONS

TRANSFORMING THE LANDSCAPE FOR INSURANCE CLAIMS

BANKING WITH THE RIGHT REGULATIONS

AUTOMATING BIG DATA TESTING FOR PERFORMANCE

FINDING AIRCRAFT PARTS BEFORE THEY ARE LOST, WITH PREDICTIVE ANALYTICS

FRESH INSIGHTS FROM REAL-TIME DATA, COURTESY AI-DRIVEN ANALYTICS

KNOWLEDGE-BASED ENGINEERING (KBE) Key product-development technology to enhance competitiveness

ENABLING SALES TEAMS TO CREATE WINNING QUOTES

MAKING PRODUCTS TALK THROUGH SMART LABELS

PERSPECTIVE. Assuring the digital utilities transformation. Gaurav Kalia Client Solution Manager

MODERNIZING THE MIDDLEWARE

PERSPECTIVE. Creating Business Value with Mature QA Practices. Abstract

REDUCING TIME TO MARKET WITH DEVOPS

PERSPECTIVE. MAKING GPP (Global PAYplus) TESTING PREDICTABLE

MARGIN MANAGEMENT IN THE OIL & GAS INDUSTRY WHITE PAPER

COMPLIANCE AND RISK MANAGEMENT AS A CATALYST FOR CHANGE

FROM MONOLITHIC MAINFRAMES TO CLOUD FOR FASTER TIME TO MARKET

VIEW POINT. The Enterprise QA Transformation Model A solution to enhance an enterprises testing maturity. Abstract. Reghunath Balaraman, Aromal Mohan

RETAIL AND CPG HUMAN AMPLIFICATION IN THE ENTERPRISE

RPA VALIDATION PITFALLS AND HOW TO AVOID THEM

INFOSYS PROCUREMENT AND PLANNING PRACTICE

NAVIGATE YOUR NEXT TARGET PERFORMANCE WITH DIGITIZE CFO DASHBOARD

INFOSYS SMART OILFIELD SERVICES SOLUTION FOR SAP ERP

Reimagining Life Sciences With AI-Enabled Digital Transformation. Abstract

WHITE PAPER. BPM for Structural Integrity Management in Oil and Gas Industry. Abstract

INFOSYS BUSINESS PROCESS MANAGEMENT OFFERINGS

CHANGE IMAGINED. CHANGE DELIVERED

CASE STUDY. Streamlined Operations Through New Business Process Transformation

ACCELERATE YOUR JOURNEY TO BEING DIGITAL

WHITE PAPER. Application Grading for Comprehensive Quality Assurance. Abstract

PERSPECTIVE. Effective Capacity Management with Modeling and Simulation - assisted Performance Testing. Abstract

KEEP THE LIGHTS ON - APPLICATION MAINTENANCE AND SUPPORT

Boundaryless Information PERSPECTIVE

WHITE PAPER. Loss Prevention Data Mining Using big data, predictive and prescriptive analytics to enpower loss prevention.

CMO Challenges Today: How Are They Reacting?

WHITE PAPER. Leveraging advanced validation techniques for retail size optimization. - Divya Mohan C, Chitra Sylaja

WHITE PAPER. A framework to increase ROI through quality data. Kuriakose K. K., Senior Project Manager

SEVEN FEATURED PEGA CASE STUDIES. Different needs, different industries, tailored solutions leveraging Pega solutions

MAN, MACHINE AND FINANCE - THE FINANCE ORGANIZATION THROUGH 2030

ORACLE SUPPLY CHAIN MANAGEMENT PRACTICE

BEST STORIES OF INFOSYS SALESFORCE IMPLEMENTATION

WHITE PAPER. Integrated Profitability Analytics The Need, Struggles, and Future

Progressive Organization PERSPECTIVE

A 7-STEP FRAMEWORK TO IMPLEMENT CICD IN ETL TESTING

VIEW POINT. Enhancing the Effectiveness of Rolling Forecasts. Abstract

DIGITAL OUTLOOK CONSUMER PACKAGED GOODS INDUSTRY

DIGITAL OUTLOOK INDUSTRIAL MANUFACTURING INDUSTRY

WHITE PAPER. Master Data Management as a Solution Using SAP MDM and Complementing Technologies

ADVANTAGE YOU. Drive TCO* reduction through Infosys TIBCO solutions

PERSPECTIVE. Operational Risk Management in Banks: The Way Forward

CASE STUDY THE SPEND ELIXIR

PERSPECTIVE. Manufacturing the Next Industrial Revolution

WHITE PAPER. IoT-enabled Banking Services

BEST STORIES FOR DIGITAL IN COMMUNICATION SERVICES

PERSPECTIVE. Customer Loyalty Quotient Strategy: Key to an emotional connect with customers. Abstract

PERSPECTIVE. Accounting General Ledger Challenges in Facets. Vikas Kumar Abstract

WHITE PAPER MICRO FUNCTIONS BUILDING BLOCKS FOR FINANCIAL SERVICES IN THE OPEN WORLD

DIGITAL TRANSFORMATION WITH INTELLIGENT SOLUTIONS FROM INFOSYS AND PEGA

PERSPECTIVE. Big Data Analytics: It s Transformational Impact on the Insurance Industry

INFOSYS OIL AND GAS PRACTICE

DIGITAL OUTLOOK AUTOMOTIVE INDUSTRY

Time-to-market has always been a critical success factor for enterprises. But in the digital era, speed is a fundamental necessity for enterprises.

A PATH TO GDPR READINESS WHITE PAPER

WHITE PAPER. The PLM Domino Effect. - Jagmeet Singh and Jeff Kavanaugh

PRESS #1 FOR CUSTOMER SERVICE. When a customer calls for help, you want to offer the best. But they often fear the worst.

WHITE PAPER LEVERAGING 3-C PHILOSOPHY FOR ENHANCED ROI FROM CHANNELS

THE INVISIBLE HR PROBLEM

WHITE PAPER. Comprehensive Capital Analysis and Review (CCAR) CFO attestation Recommended approach

PERSPECTIVE. Need for a Comprehensive Test Maturity Model. Abstract. - Reghunath Balaraman, Harish Krishnankutty

WHITE PAPER. Responsive Supply Chain. Abstract

AI FOR HEALTHCARE: BALANCING EFFICIENCY AND ETHICS.

TRANSFORMING THE IT LANDSCAPE

VIEW POINT. The future of financial planning and analysis (FP&A): Robotized and digital

WHITE PAPER. End User empowerment for improved Asset Maintenance

Responsive enterprise the future of the enterprise PERSPECTIVE

PERSPECTIVE. Monetize Data

INFOSYS REALTIME STREAMS

ENDLESS POSSIBILITIES WITH DATA FOR RETAIL, CPG AND LOGISTICS

DevOps Journey. adoption after organizational and process changes. Some of the key aspects to be considered are:

ACCELERATING DIGITIZATION THROUGH NEXT-GENERATION INTEGRATION

PERSPECTIVE. A connected enterprise in the sky. Abstract. Manoj Narayan

VIEW POINT. Top 3 steps to a successful ERP implementation for M&A in manufacturing - a project management point of view

WHITE PAPER. Effective Audit Hosting Strategy: A Perspective. Abstract. Pranav Gadre, Sanjay Martis

WHITE PAPER. Banks Regulatory Reporting Compliance The Challenges and the Solution. Abstract

PERSPECTIVE. Microservices A New Application Paradigm. Abstract

BANKING ON AI TO DIFFERENTIATE.

VIEW POINT. Experience Commerce

VIEW POINT. Italian VAT reporting a smooth ride with Oracle s Gapless Document Sequencing.

WHITE PAPER. Technology Trends for Road User Safety in Public Sector. Abstract

SELF-SERVICE FOR DATA PREPARATION AND ADVANCED ANALYTICS OVERVIEW

PRODUCT COMPLAINTS MANAGEMENT. Infosys Handbook For Life Sciences

WHITE PAPER. Chiller Plant Optimization - A Practitioner s Perspective. Abstract

WHITE PAPER. Getting started with Continuous Integration in software development. Amruta Kumbhar, Madhavi Shailaja & Ravi Shankar Anupindi

Next-gen enterprise content management (ECM), the digital backbone of the enterprise PERSPECTIVE

WHITE PAPER. Focus on value added services by network companies a paradigm shift. Rahul Kaushal, Ramakant Mittal

STUDY. The State of the Store Insights from Consumers and Retailers into the European Shopping Experience

VIEW POINT UNDER ONE UMBRELLA. How an integrated global business services (GBS) model can add value to your organization. Abstract

Transcription:

AVOIDING EQUIPMENT FAILURE WITH ENGINEERING DATA ANALYTICS AND AI Between December 2017 and January 2018, the Creek Fire destroyed at least 60 homes and forced the evacuation of more than 100,000 people from the Sylmar-Santa Clarita area neighboring Los Angeles. In October 2018, the victims of the fire decided to sue the Los Angeles Department of Water and Power (DWP) claiming its failure to maintain the equipment was responsible for starting the blaze. This case is starkly similar to the Thomas Fire of December 2017 where victims won a lawsuit against Southern California Edison that burned more than 280,000 acres in Ventura and Santa Barbara counties due to an equipment failure. As machines age, the likelihood of such incidents becoming more frequent increases. The need of the hour is to make machines smarter with the use of Artificial Intelligence (AI) to help reduce cases like the above, if not eliminate them completely. Organizations vehemently pursuing the vision of Industry 4.0 must step up their investment and focus on making existing machines smarter. This will not only make machines and operations efficient, reduce risk, and improve overall safety, but also help organizations to collect real-time data to predict and prevent incidents.

A CRITICAL EQUIPMENT BREAKDOWN However, organizations aren t prepared to fully utilize this real-time data to bring in additional efficiencies or even better, improve end user experience. A recent study by Greyhound Research, a leading global analyst firm, found that while 93% of organizations currently capture machine data, only 62% can use this data to improve engineering asset efficiency in terms of operational, maintenance, and energy efficiency. Alarmingly, a majority (82%) struggle to translate machine data into improved end user experiences. This holds true especially for verticals like aerospace, automotive, heavy engineering, manufacturing, and energy, which demand high accuracy for decision-making. The same study by Greyhound Research highlights the severity of these challenges in the utilities sector, including energy. One of the key things that the respondents in the study call out is how engineering data analytics combined with AI can potentially help overcome complex challenges like nondimensionalization, which requires combining a group of variables instead of looking at individual variables. Using our Engineering Data Analytics service and AI, along with our strong product engineering experience, Infosys is helping clients achieve: 20-25% higher operational efficiency 20-40% extension in equipment lifetime with 5-10% lower business expenditure 30-40% increase in service margin 25% drop in energy consumption An oilfield services company, an Infosys client, was battling unforeseen failure of mechanical equipment used to produce a critical component, resulting in high costs on account of high downtime and loss of production. The client used a rotating machine to mix proponent with water to make a slurry-like matter used to produce shale gas. This rotating machine runs continuously for days together, leading to several issues with the moving parts and frequent breakdowns. The need to find a solution to predict failure of the equipment was dire since it was a critical component for oil and gas exploration.

PREDICTING FAILURE Infosys engineering data analytics solution coupled with strong turbo-machinery domain experience helped the client predict behavior of these machines and forecast outage. We analyzed the sensor data of the rotating equipment. The following process of collecting, extracting, and cleaning the data was used to ensure outcomes from the engagement: Step 1: Extract the required data and segregate it into data before and after the failure of the equipment Step 2: Cleanse data and divide into clusters to identify trends occurring in each cluster Step 3: Use analytics to predict the next breakdown and plan for maintenance accordingly bringing together the best of analytics and physics Utilizing advanced analytics techniques like machine learning and AI, the Infosys team built a prediction model that enabled prediction of breakdowns a week ahead. This allowed the client to prepare for the maintenance in advance and bring the machine back online faster. This also helped to improve the accuracy of the predictions over a period. The Infosys approach matched predictions with actual field failures in more than 90% of the cases. This helped the client achieve cost savings through implementation of the model and condition-based maintenance practices. We were also able to bring down the equipment s unplanned downtime through real-time monitoring of the rotating equipment.

AVOIDING EQUIPMENT FAILURE WITH ENGINEERING DATA ANALYTICS AND AI: THE FIVE TAKEAWAYS 1 2 3 4 5 Strategize to capture new forms of data and use historical data Organize and clean the data in a format that is usable by the business Define metrics that have a direct business impact Leverage Engineering Data Analytics and AI to improve operational efficiency Use machine learning for predictive maintenance by drawing patterns and improving predictive accuracy in the long term

BIG LEARNING: Reliability and predictability are critical for asset intensive industries like energy and utilities. A downtime in these industries can lead to losses worth millions of dollars and worse still, loss of life and property. Hence, using engineering data analytics to better plan, predict, and maintain equipment is a necessity. The use of AI and ML along with physics, helps learn from the data more rapidly. Automating basic tasks of maintenance and scheduling is also highly recommended. A pressing need is to overcome existing challenges and mindsets to find newer ways to collect and utilize data in a way that allows organizations to understand the impact on a real-time basis and work towards delivering reliable and predictable services to their end users. WE DID THIS FOR THEM. WE CAN DO IT FOR YOU. To learn more about our engineering data analytics offerings, reach out to us at askus@infosys.com For more information, contact askus@infosys.com 2018 Infosys Limited, Bengaluru, India. All Rights Reserved. Infosys believes the information in this document is accurate as of its publication date; such information is subject to change without notice. Infosys acknowledges the proprietary rights of other companies to the trademarks, product names and such other intellectual property rights mentioned in this document. Except as expressly permitted, neither this documentation nor any part of it may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, printing, photocopying, recording or otherwise, without the prior permission of Infosys Limited and/ or any named intellectual property rights holders under this document. Infosys.com NYSE: INFY Stay Connected