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10 Rightsdigital 2021 Ohanlon 1614161640366
10 Rightsdigital 2021 Ohanlon 1614161640366
10 Rightsdigital 2021 Ohanlon 1614161640366
com ® All
rights reserved
10 Rights of Asset Management
ISBN: 9781941872659
© Copyright 2020-2021 Reliability Leadership Foundation Inc. All rights reserved
10 Rights of Asset Management
Analog
1
Human-centric process to gather data
Digitaliza+on
Replacing human-centric processes with
Digital Assisted
2 3
digital technologies
Enhance human centric
Courtesy: processes with digital devices
PRUFTECHNIK
4
Digital Transforma+on
Re-engineering business model with
Digital Twins, “diagnostic” and
“prescriptive” insights for decision
support
Courtesy: Erbessd®
© Copyright 2021 Reliability Leadership Foundation Inc. All rights reserved
© Copyright 2021 Reliability Leadership Foundation Inc. All rights reserved
Cloud Based Asset Condi:on Management Model NO
Healthy
Motor/Pump Asset
😎
ü Vibra&on
ü Temperature
ü Flow
ü Voltage
Machine Learning
ü Current
ü Other data
Imminent
Comparison failure
detected?
Analysis
Model of 🤔
Motor/Pump
(Digital Twin) Classification
YES 🧐
© Copyright 2021 Reliability Leadership Founda@on Inc. All rights reserved
10 Rights of Digitalization
Connected Data
ü Supplier Neutral!
ü Standards Based
ü Technology Agnos:c
ü Federated
Right 3: Start with the right technology founda5on and plan [for the future]
Right 3: Start with the right technology founda5on and plan [for the future]
Right 4: Flexibility and agility to connect to any data source
Wow!
my
whole
life +
the
whole
world
Wow!
my
whole Like that
life + for
the assets
whole
world
Wow!
All my
assets
twinned in
context +
real time
asset data
+ the
whole
world
Interconnec<ons between
humans and machines
are crea<ng meteoric
growth in data
being generated
ü Safety
ü Training, support
ü Guided maintenance
ü Verify before execution
ü Quick access to safety, lock
out/tag out, permits
Right 7: Advanced analytics, simulations, AI/Machine learning capacity
• Priori/zing Maintenance 1 6
• Rebate and warranty
Tasks and Asset Response optimization
ü Operators should see current as-operated data and can understand what
field changes were made and what engineering decisions were made in the
past – and why.
Analog Digital
Data is managed in operational silos Data is a key asset for value generation
Data is a tool for optimizing processes A commitment to transparent,
consistent and evergreen data
© Copyright 2021 Reliability Leadership Foundation Inc. All rights reserved
The challenge of Asset Knowledge
Sources: ARC Advisory and Reliabilityweb EAM/APM Study 2021 © Copyright 2021 Reliability Leadership Foundation Inc. All rights reserved
How to create and keep the digital twin Evergreen?
ü Transparent and consistent data give you a reliable
picture of your plant, with which you can make reliable
decisions and increase profitability immediately and in
the long term.
WINNERS!
In collabora@on with
McKinsey & Company
OEE +35%
BREAKDOWNS –50%
UNPLANNED DOWNTIME -60%
SCRAP -50%
LABOR PRODUCTIVITY +64%
ASSET UTILIZATION +5%
ENERGY COST -7.5%
ENVIRONMENTAL WASTE –5%
Source: World Economic Forum © Copyright 2021 Reliability Leadership Foundation Inc. All rights reserved
Reliability Leadership Consor=um AI Accelerator
AI+Reliability
– Terrence O’Hanlon
Publisher – Uptime Magazine
Executive Director
Reliability Leadership Foundation
@Reliability