Use Cases Asset Health Management (AHM)

Asset Health Management (AHM)

Asset Health Management refers to the process of analyzing the health of an asset as determined by operational requirements. The health of an asset in itself relates to the asset's utility, its need to be replaced, and its need for maintenance. It can be broken down into three key components: 1) Monitoring: Tracking the current operating status of the asset. 2) Diagnostic Analysis: Comparing real-time data to historical data in order to detect anomalies. 3) Prognostic Analysis: Identifying and prioritizing specific actions to maximize the remaining useful life of the asset based on analysis of real-time and historical data.
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Vectren Corporation Case Study
Vectren Corporation Case Study
Reduce overall operations, maintenance and capital spending, while maintaining high availability within plants and continuously and efficiently serving customer
Car Maintenance Application
Car Maintenance Application
Maintenance systems make modern aircraft fault-tolerant. They provide a remote diagnosis of existing faults and capabilities. But why aren’t vehicles packed with such descriptive analytics maintenance? That is exactly what we wondered right before coming up with the idea of Car Maintenance. Our first motive to experiment with Car Maintenance application was safety considerations for our vehicles, and the second - exercising our skills in the Internet of Things (IoT) software development.Eliftech_Car-Maintenance_app_1.jpgThe essence of Car Maintenance is instant data collecting, data analysis and data gathering about the current condition of the vehicle to prevent it from breaking down. Descriptive analytics enable us to create a summary of historical data related to a vehicle's condition. The collected data could be used further for sharing with a mechanic. The analytical approach helps a repair master make smarter decisions, solve problems and improve outcomes.We track speed, location, engine rotation, the temperature of the important components of the car and dozens of other parameters that are supported by the vehicle. We collect data on a server, and it is also sent to a web application where you can review both the current condition of the connected car and the historical data.
RFID Cuts Asset Tracking Time by 70 percent at Nuclear Power Plant
RFID Cuts Asset Tracking Time by 70 percent at Nuclear Power Plant
In the CNPE power plant there are numerous large, portable metal containers that house sensitive equipment and have to be subject to regular internal and regulatory inspections for safety and security. As a result, a facility operator has the challenging task of keeping track of the movement of these containers at all times.

From 2013 to 2022, the market for overall asset efficiency improvements potentially accumulates to USD 2.5 trillion.

Source: Cisco

Erik Walenza-Slabe
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