Managing Asset Performance With Data From Machines
Source: www.marketinsightsreports.com 2018
What is my asset
performance?
Success metrics:
▪ Are we maximizing ROA?
▪ Am I reducing my risks?
▪ Are we improving asset availability?
▪ Are we doing the right level of preventive
maintenance? Is it effective?
▪ What is our performance against downtime
targets?
▪ Are we minimizing inspection hours and mean
time between failure (MTBF)?
▪ Are we improving our first-time-fix-rate (FTFR)?
▪ Are we optimizing the useful life of the asset?
▪ How do I reduce costs without sacrificing
reliability?
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APM improves asset performance
using data, analytics & AI
APM is about optimizing the performance
of operational assets, increasing asset
availability while minimizing costs of
maintaining them
Asset Performance Management (APM)
is designed for decision support
Advanced analytics and artificial intelligence (AI) are
driving differentiation. It helps engineers and planners
make better decisions by shifting asset maintenance
strategies from preventive to predictive and
prescriptive
Enterprise Asset Management (EAM) is
designed for maintenance
execution and asset data
EAM and APM are inter-related by very different
systems. The focus of EAM is around execution
related activities like work order tracking, etc
Planning &
Scheduling
Execution
Prescriptive Repair
Capital Planning
Prioritization
Health
Monitoring
Predictive
Maintenance
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Leaders of asset-centric and asset-intensive businesses recognize they must focus on optimizing asset support as theprimary mode of differentiation
But how?
50% of asset-intensive organizations have some form of asset analytics
But...
<10% have an APM platform
Source: IDC, 2018
Asset Lifecycle & APM
Plan &
Schedule
Execute
EAM
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Capital Planning
Prioritization
Criticality, Risk, &
Failure Modes
Analysis
Actions & Adjustments
Partner capabilitiesMaximo
Planning & Execution
Strategy Selection
Analysis
APM
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6
APM Execution
Time based
Condition
Run to fail
Predictive
Prescriptive
Repair
Operationalize Strategy2
Health
Monitoring
Predictive
Monitoring
Root Cause Analysis
Bad Actor Analysis
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IBM APM Capabilities
AIP
APM enhances EAM with Analytics and AI
Maintenance
Supervisor
Reliability
Engineer
Maintenance
Technician
Pla
nn
ing
& S
che
du
ling
EAM
Stra
tegy
& F
leet
A
nal
ysis
Exe
cuti
on
AP
M
AI assistant for
improved repair
efficiency
Asset and fleet level
insights to optimize
maintenance strategy
APM Benefits
Increase asset life
Reduce lifecycle costs
Optimize spare inventory
levels
Increase MTBF
Improve reliability
Reduce PM cycles
Improve FTFR
Decrease MTTR
Decrease maintenance
costs
APM Capabilities
Prioritization of
activities based on
asset health and
predictive insights
IBM APM supports an analytics journey
MonitorE V AL U AT E Y O U R
AS S E T S I N C O N T E X T
E N R I C H Y O U R D AT A
E C O S Y S T E M
Connect
PredictU S E S E N S O R D AT A AN D
W O R K H I S T O R Y T O
P R E D I C T F AI L U R E S
OptimizeI M P R O V E M O D E L S
T H R O U G H C O N T I N U O U S
L E AR N I N G
RecommendM AI N T AI N AS S E T S W I T H
I N T E L L I G E N T I N S I G H T S
Equipment
Maintenance
Assistant
Helps identify the
right steps to fix an
issue given current
symptoms and
history
Predictive
Maintenance
Analyzes device
properties to predict
failures and
performance
degradation
IoT Connection
Service
Continuous
Learning
Feedback loops
enable ongoing
model
improvements
Asset Health
Insights
Analyzes
maintenance and IoT
data to help prioritize
maintenance &
replacement activities
Maximo Asset Health Insights drives improved asset strategies
Enables reliability engineers and maintenance
supervisors to gain a deeper understanding of the health of
their assets. Provides capabilities to model, map, monitor,
and optimize the health of assets.
• Visibility into asset condition, from an asset lifecycle perspective.
• Consolidates asset data, historical and real-time, including data from
external data systems, weather data, etc.
• Advanced dashboard view enables proactive asset and
maintenance decisions.
• Enables Immediate action and/or provides engineers with rich set of
sensor and asset data to determine proper course of action.
Reduce downtime and maintenance cost with objective asset health metrics
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IoT Platform and MAHI for an online view of Asset Health and Condition
∑
Sensors or SCADA
via IoT Gateway
Connect, Store and Derive
in IoT Platform with Analytics add-on
Raw data Meaningful
Metrics
Meters &
WO history
Inspection via
Mobile client
Asset Health
via MAHI rules
ANALYTICS• Real-time
• Machine Learning
• Cognitive
• Edge
RISK MANAGEMENT• Proactive Protection
• Security Analytics
• Anomaly detection
CONNECT• Secure
connectivity
• Device
management
• Visualization
INFORMATION
MANAGEMENT• Store & Archive
• Transform &
Integrate
• Augment
• Weather
Connect your devices, equipment, and workforce to gain a
new level of insight into your business
Our users include
embedded developers, cloud
application developers, IoT
system administrators and
operators plus IoT device
end users
Want to compose IoT
applications quickly and
be able to operate and
manage resulting systems.
Expect fast time-to-value,
simplicity, flexibility, clear
documentation.
Focus Areas
Secure Connectivity
Connect devices via MQTT(S) or HTTP(S)
Authentication and Encryption
Authenticate Devices via Token and/or Certificates,
encrypt Payload
Monitoring
Monitor Device Status, Connectivity Logs, Device Logs
Device Management
Device Metadata, Reset, Factory Reset, Upload
Firmware, Install Firmware
Visualization
Quick Data Visualization directly of incoming data
streams, easy Drag&Drop Dashboards
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2
3
4
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Watson IoT Platform | Connect
Watson IoT Platform
1Use the build-in Real-Time Insights to create powerful
stream analytics rules processed in real-time and scaling
with all onboarded devices.
Build Rules with logic equations by drag and drop based
on device data schemas and assign different rule Severity
Levels.
Trigger Rule Actions such as sending Email, SMS, calling
REST APIs or IFTTT.
Show all Rule violations on build-in Alerts Dashboards or
access the full data via REST APIs.
Analytics | Real-Time Analytics
connect
analyze & predictreport & recommend
act
IBM Predictive Maintenance
Watson IoT gateway IoT device Maximo
aggregate
Identify and manage asset reliability risks that
could adversely affect plant or business
operations
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2
3
Improves problem diagnosis and provides guidance to help technicians identify the right repair the first time
Announcing: IBM Equipment Maintenance Assistant:AI assistant & shared expertise for every field technician
Aggregated data viewsWatson AI-Powered
learningPoint of impact
insights
Data from EAM Systems
Equipment Maintenance Assistant Data Inputs
Equipment & Engineering
ManualsIoT Sensor Data
Regulatory Standards
Watson learns from the Best Technicians, sharing expertise to Every Field Technician
IBM Equipment Maintenance AssistantHow it works
Collect documentation and data
Business user prepares, loads, and marks
documents
Ask questionsField Technician receives work orders and query to understand repair procedures, identify parts, materials, & tools needed or update situation information.
Refine model
SME such as Reliability Engineer uses studio to
refine model
Watson Assistant for Equipment Maintenance
Events
Sample Triggers• Unscheduled work order in Maximo• Predicted failure alert from PM• IoT Reading Anomaly• Visual problem detected by VI
…and more
Queries
Training & Modeling Day-to-Day Operations
Supporting Work Execution with
a Little AI from Watson IoTEquipment Maintenance Assistant
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How it looks from Maximo
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Begin a workorder
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Launch EA from a workorder
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Open in a new tab, automatically brings the topic and equipment into the query.
The results queried
from the asset
knowledge base will
be displayed on the
page.
The knowledge
base can be
anything — e.g.
asset manual or the
field operation
manual, etc.
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Open the corresponding paragraph
User can read whole
section of the
document where EA
queried for the user.
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Change the search criteria
Failure
User can also place
the W.O. descriptions
automatically by
clicking the “Search
by” drop down menu.
- description
- Long description
- asset
- location
- failure class
- or custom search
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Search the result in the historical work-orders, in order to find the similar w.o. related to current.
Search historical work-orders of…
- The selected asset
- Similar asset
- All assets
Each of the cards contains…1. Failure class2. Descriptions3. Asset 4. Location5. Assigned labor
View details should expose
the job plans (tasks, items
and materials), work log, and
attachments (to view photos
etc).
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KPI Templates: Easy way to build groups of KPIs
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KPI Templates: Easy way to build groups of KPIs
26Watson / Presentation Title / Date
KPI Templates: Define Variables
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KPI Templates: Main screen
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KPI Templates: Generated KPIs from Template
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- Measure Operational data- Open WO? Overall Expenses? SLA compliance? PM Compliance?
- Measure User Compliance- On time closure? Is Labour Reporting hours? Is Failure Reporting entered?
- Measure Maximo License compliance?- Measure MAXSESSIONS?
KPI types you could configure
Thank you!
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