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Competition on costs is ever increasing. Meanwhile, customers are more demanding in their expectations. In 2024, global smart sensor market will have a value of $80 billion. In others words: become part of the future or become obsolete!

Challenges Asset Managers

Asset managers are faced with the following challenges:

  • Asset managers demand huge cost savings
  • Tightening of budgets for maintenance programmes
  • Less service disruptions and customer complaints
  • Increasing demands from users
  • No Control and optimal use of my assets
  • Risk of hacking by terrorists
  • Remote firmware updates

With IoT, you can give your equipment a longer lifetime and thus save on repair and replacement costs.

Your customers will become more satisfied with your services. With solutions which weren’t possible until now, products can ‘think’ for their users. Like: the health of the lamp and power quality of street lights, refrigerators which will signal to a car that owner is out of milk, a space on a parking lot is reserved for the visitor when he’s close to the office etcetera.

And the other way around: remember the first time you went in a hotel which had Wi-Fi and you thought: “great”! You’ve probably forgotten; nowadays, not having Wi-Fi has since long became a standard. In IOT, users raise the expectations and will be dissatisfied with devices which do not help them.

A dashboard helps you to view in one glance which assets are working properly and which are probably in need of repair or replacement. Further, you learn when, where and how intensely your assets are being used, so you use your assets more efficiently.

In a world of connected devices, security is very important. Hackers will try to break in: to steal, to cause harm or to shut down your devices. Without security, hackers can make their entry from anywhere: from one of your devices, but also an unsecured device from one of your employee’s at home. So, in the world of IOT, security of these devices is key.

Read about solutions: https://www.advsolned.com/asn-condition-monitoring/

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Water and rail infrastructure are one of the cornerstones of smart grids, such as smart cities. In them, algorithms are found everywhere.

Challenges in Water and Rail infrastructure

  • Many parts of the infrastructure are decades old and have high maintenance costs
  • Preventative maintenance of components (motor, chain, wiring, jackscrew, etc.) is required to reduce costs and maintain safety
  • Less service disruptions and customer complaints
  • No control of assets, and so no idea if assets are working properly
  • New analysis methods required, as existing infrastructure cannot be dismantled for installation of traditional sensors
  • Most of the infrastructure has been built when security was not an issue. This makes the infrastructure an easy target for hackers and terrorists

Decades old infrastructure

Many parts of the infrastructure are decades old. That’s also one of the reasons that they have high maintenance costs. Besides, regular maintenance consists of doing regular maintenance rounds. Here, every device gets the same attention. However, with preventative maintenance, you can focus on devices which really need it.

Less service disruptions and customer complaints

So, with preventative maintenance, you’ll not only reduce costs. But even more important: devices maintain to be safe for users. Due to timely recognition, you can plan maintenance before a little fault has led to real damage. So, you have less service disruption and more customer satisfaction.

No control of assets

Another challenge we hear is that companies have no control of assets, and so no idea if assets are working properly. Maybe companies have control of the assets they recognize. However, they have no idea if all devices are in scope and how these are connected.

New analysis methods required

The above-mentioned means that new analysis methods are required. However, the existing infrastructure cannot be dismantled for installation of traditional sensors.

Security of assets

Most of the infrastructure has been built when security was not an issue. This makes the infrastructure an easy target for hackers and terrorists

Find out how you can solve your IoT solutions with our algorithms!

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How to reduce maintenance programme costs, improve safety and improve customer satisfaction? In Preventive maintenance, algorithms are used in many ways to solve their challenges.

What are the challenges?

Typical challenges faced by assets managers include:

  • Measurement of mechanical component fatigue
  • Assess electrical wiring health
  • How to reduce overall operating costs, but not comprise on public safety?
  • Risks posed by hackers & terrorists
  • Asset damage due to vandalism

Preventive Maintenance aims to solve these problems by acting beforehand. This is achieved by constantly monitoring the performance of critical components (usually with sensors). So, the maintenance team can be alerted that a component is about to fail. Then, the asset management team can then schedule maintenance in order to replace the failing component(s) with minimum disruption to the public, and overall lower operational costs.

Reduction of operating costs

Preventive maintenance is one of the golden nuggets of IoT. In IoT, algorithms are found everywhere. Sensors can measure if mechanical component fatigue sets in. Or measure the health of electrical wiring. These are some examples how preventive maintenance can benefit from IoT using sensors. As a result, operation costs are reduced. And even more important: devices will work safe and secure.

Security

Besides, most devices have been built while security was not an issue. With everything being connected, IoT devices are a interesting target for terrorists or other evil-doers. Prevent yourself from being hacked. And if you are being hacked, you know as soon as possible. So you can take action before the hack leads to major damage.

Read more at https://www.advsolned.com/preventative-maintenance/

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There is an increasing use of the water infrastructure, while the current demand is already adjacent to the existing capacity. However, space for physical expansion is limited. On the other hand, there is a tightening of budgets, while maintenance of water infrastructure comes with high costs.

Huge cost savings as well as reducing public inconvenience can be achieved with a preventative maintenance program. Benefits of a preventive maintenance program are:

  • A longer lifetime for your equipment with preventive maintenance
  • Be in control and optimize your processes
  • Optimize your just-in-time management and get more value by delivering guarantees
  • Increase security for your cargo and your equipment

Struggle with the elements

Working at water is a struggle with the elements: water, wind, dust, heat, pressure. So, you want to know if pipelines are going to leak before they are actually leaking. When cables are beginning to wear out. If the oil is still on the right level. That you can act when dust or smear are blocking lenses. With IoT, you can predict and prevent equipment failure by monitoring product wear and replacement rates.  As such, you improve the reliability of your assets and reduce downtime. And if you recognize little faults, you can solve them easily before they have become big and expensive problems.

Rust

Another time- and money saver is the maintenance in the port: one of the worst enemies is rust. No wonder, that the in- and outside of the ship is painted very often. Even when there is no rust, ‘just in case’. It is better to place a rust sensor: it warns when there is rust and those places can be painted or otherwise maintained. And it makes sure spots are not forgotten. Even more: a rust sensor can track rust at places which are hardly reachable. An employee only has to go to this hard-to-reach part when it is really needed.

How preventive maintenance works

In essence, algorithms and analytics monitor sensor data. They look for deviations in a physical process’s normal operation. Examples are the wear and tear in a water sluice’s mechanical components, or even damaged wiring for the pump.

A sensor fusion algorithm merges data from different sensors. Associated analytics determine whether a component’s characteristic is normal for its age. Any deviations outside ‘normal operation’ are fed back to the master system as potential sources of failure.

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Typical challenges faced by assets managers include:

  • How to measure mechanical component fatigue?
  • How to assess electrical wiring health?
  • How to reduce overall operating costs, but not comprise on public safety?
  • Risks posed by hackers & terrorists
  • Asset damage due to vandalism

Preventative Maintenance aims to solve the aforementioned problems by acting pre-emptively. This is achieved by constantly monitoring the performance of critical components (usually with sensors) and then alerting the maintenance team that a component is about to fail. The asset management team can then schedule maintenance in order to replace the failing component(s) with minimum disruption to the public, and overall lower operational costs.

  • Plan maintenance
  • Machine health care
  • Motor health care
  • Secure firmware updates and anti-tampering

Plan maintenance

Monitoring the health of critical component, such as a lamp, motor or machine component and input power supply. Our algorithms and analytics help asset management departments provide planned maintenance.

A better maintenance program is achieved by constantly monitoring the performance of critical components (usually with sensors or other devices) and then alerting the maintenance team that a component is about to fail.

Machine health care

The health of a machine can be determined by ‘listening’ to the sound it makes via microphones. Algorithms filter and compare recorded audio to fingerprint templates of known failures.

Motor health care

The health of an industrial motor be determined by analysis the phase currents. Algorithms filter and compare captured data to fingerprints templates of known failures. The phase current data can also be used to check for wire breaks or phase failure.

Secure firmware updates & Anti-tampering

ASN’s security module provides asset protection up to military grade, and while at the same time allowing for secure (encrypted) firmware updates.

ASN contactless measurement, smart algorithms and alerting offers the ideal condition for this programme. The asset management team can then schedule maintenance in order to replace the failing component(s) with minimum disruption to the public, and overall lower operational costs.

Let’s make an appointment to see how can help you create an effective maintenance programme and reduce your Total Cost of Ownership.

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