Analyzing Time-Series Data: Accelerating Operational Sustainability

Companies in many industries can address their challenges and achieve their bottom-line goals by embracing digitalization. [...]they can do more with their process data with the use of advanced analytics software. Data such as raw material information, operational events, maintenance schedules and e...

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Bibliographic Details
Published in:Process Heating 2022-07, Vol.29 (7), p.15-15
Main Author: Daniels, Wouter
Format: Article
Language:English
Subjects:
Chemical industry
Data analysis
Digital technology
Digitization
Downtime
Energy consumption
Engineers
Environmental conditions
Industrial plant emissions
Internet of Things
Maintenance management
Power
Product quality
Raw materials
Software
Sustainability
Turbines
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Summary:Companies in many industries can address their challenges and achieve their bottom-line goals by embracing digitalization. [...]they can do more with their process data with the use of advanced analytics software. Data such as raw material information, operational events, maintenance schedules and environmental conditions often reside in third-party business applications. [...]The chemical industry can compare undesirable batches with ideal batch characteristics and learn the root causes of the batch deviations. * The food and beverage industry can use it to improve product quality and decrease costs. Because of external factors such as unplanned downtime and load reduction on market demand, the team needed to dig deeper to measure the actual performance of the unit.
ISSN:1077-5870
2328-9996