5 Ways Next-Generation IoT Elevates Plant Performance and Operations
AssetSense
Our Mission: Elevate Asset Performance for the Power Operators with Modern Tools That Plant Employees Love
Recent improvements in cloud computing and networking are driving the rapid adoption of IoT.
Today’s IoT technologies are faster to implement, cost-effective to maintain, and designed to make life easier for power plant users. They also support massive volumes of data—giving you unprecedented levels of insights into your asset health.
These changes make it possible to implement IoT in just days and see immediate value such as improved asset performance, reduced downtime, increased safety, and a positive impact on your bottom line.
Here are the top five benefits of next-generation IoT:
1. Improve plant performance.
IoT allows you to monitor your equipment in real time and receive alerts of issues. The insights you gain from IoT can help you move from costly reactive maintenance to a predictive approach that ensures the performance and reliability of your assets.
2. Protect all of your assets to avoid forced outages.
Today’s IoT technologies complement your existing instrumentation and allow you to cost-effectively monitor all of your assets. When you expand your IoT program, you can spot problems that you wouldn’t usually see. Then, you can take proactive steps to minimize your risks before they cost you millions in unplanned downtime and lost production.
3. Reduce your maintenance costs
IoT can extend the lifespan of your existing assets. You can quickly recoup your IoT investment by reducing your spending on monitoring, repairing, and replacing critical equipment.
4. Drive revenue.
Companies that succeed with digital transformation can raise their margins by 16 percent over the industry average. IoT protects your margins by preventing downtime and the high costs that come with it.
5. Increase plant safety and compliance.
IoT allows you to measure asset temperature and vibration remotely, which minimizes the need for operators to access dangerous locations. IoT data also helps you detect problems before they turn into situations that put plant employees at risk.
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