Industrial Equipment News

OCT 2016

IEN (Industrial Equipment News) is the leading resource for industrial professionals, providing product technology, trends and solutions impacting the industrial market. IEN reaches manufacturers, designers, distributors & supply chain professionals.

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IEN / OCTOBER '16 35 www.ien.com Today's Designer may be irrelevant for other solutions. As a result, organizations still have a significant oppor- tunity for competitive differentiation by understanding and deploying pragmatic data-analyt- ics solutions that can predict machine failures ahead of time. As data analytics for IoT continues to mature, forward-thinking, pragmatic companies that deploy analytics in a way that solves real-world problems do so in a sequence of steps, each of which builds on the previous step. This maturity process starts with basic connectivity and combines insights from master mechanics that have intimate knowledge of how the machines operate. The critical insight from master mechanics informs IoT solution designers about what to measure to answer unknown questions (e.g., "How do we automatically determine when an elevator is 60% likely to fail within 90 days?"). Only after those intuition-driven hypotheses are developed can data analytics be applied to real machine data to prove or disprove the hy- potheses over time. The combination of human input and smart data au- tomation is the only way to meaningfully predict machine failure. As data is collected and analyzed from ma- chines, leading orga- nizations can not only reduce system down- time, but also reduce the amount of human input required in or- der to make a mainte- nance decision. Maturity Stages for a diagram of how different types of analytics approach- es relate and build on one another. Best Practices Here is a set of best practices that leading manufacturers of smart connected equipment use to predict machine failure, reduce opera- tional expenses for their customers, and increase overall product and pro- cess quality: 1. Rely on human intuition from expert mechan- ics. Don't discard human intuition; in fact, rely on it. Leading compa- nies assign their top mechanics or machine design- ers to predictive maintenance projects that understand the machine's internal operation and understand which components often fail and why. It is actually the com- bination of these master mechanics with smart data automation that produces world- class predictive maintenance results. 2. Take a crawl, walk, run ap - proach. Don't succumb to the false truth that finding predictive analytics insights can be auto- mated. Starting slow, collect data, prove/disprove hypotheses over time, and then zero in on the right mix of sensors and report frequencies as a learning process that evolves over time. 3. Embrace predictive analytics as a journey. There is a causality dilemma when it comes to knowing which comes first: the data or the analytics. In reality, the two are inextricably co-dependent. Embracing predictive analytics as a journey that starts with basic connectivity is a key recipe for success. Mark Benson is the CTO at Exosite, an Internet of Things (IoT) platform that makes it easy to build connected products, solutions, and businesses. For more information, visit www. exosite.com.

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