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Improving Asset Health Information

Improving Asset Health Information
National Instruments National Instruments
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OVERVIEW
Unexpected downtime costs industries billions of dollars each year, and the challenges of aging assets combined with many experienced professionals at or near retirement age have companies looking at the promises of IoT technology for answers.
Customers can be from any industry whose manufacturing processes are highly automated.
National Instruments in collaboration with companies like HPE, PTC, Flowserve and OSIsoft are formulating a combined solution that can provide better asset health information.

The solution comprises various aspects such as sensor input and feature extraction with on-asset data acquisition, diagnostics on bearing, seal, and impeller failures and augmented reality for enterprise to assist on-site troubleshooting and repair amongst others.
The Flowserve sensors can monitor a range of variables such as Temperature, pressure, flow rate, vibration and power.
IOT
Emerging (technology has been on the market for >2 years)
TECHNOLOGY
IOT SNAPSHOT
The IoT ONE Radar indicates the mix of hardware, software and services used in an IoT solution.
Hardware
Sensors transform energy into electrical data; they are the eyes and ears of IoT. Actuators transform electrical data into energy; they are the muscle of IoT.
Technologies that enable legacy devices and other systems to connect to the IoT. They integrate technologies and protocols for networking.
Software
IoT analytics includes real-time or edge computing and batch analysis. Analytics can be behavioral, descriptive, predictive, or prescriptive.
Data management solutions capture, index and store data in traditional database, cloud platforms, and fog systems for future use.
Services
System integrators link IoT component subsystems, customize solutions, and ensure that IoT systems communicate with existing operational systems.
IoT data management consultancies help to make sense of big data, decide which data to maintain and for how long, and troubleshoot IT issues.
IoT software consultancies support the development of data analytics, visualization solutions, and platforms, as well as integration into embedded systems.
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