Tredence's Predictive Maintenance solution is a ready to customize, modular offering with deep learning capabilities to provide enhanced condition monitoring & asset performance optimization.
Manufacturing & remote sites have multiple rotary equipment. Eg, Pumps, drives, gearboxes, compressors, etc. These are critical assets - failure of any one of them can cause severe disruption to the production lines, potentially even leading to line or even plant shutdown.
This is leading to O&M teams spending several million dollars annuals as part of maintenance contracts to OEMs & service providers for maintaining critical equipment. This is apart from the even higher opportunity costs incurred due to productivity losses (up to 50%)
Earlier (in Industry 3.0), it was both cumbersome and expensive to monitor the health of these equipment. Hence such machines were not given importance vis-a-vis health monitoring. But now, with AI-IoT based solutions, these activities can be more efficient & effective.
The solution from Tredence is designed to
- Deliver predictive & prescriptive alerts to the plant O&M teams, ahead of time to minimize failures thru Remaining Useful Life (RUL) and Time to Failure (TTF) estimations.
The Tredence Advantage: