Wednesday, April 6, 2016

Reduce Unplanned Outages and Improve Profitability with Asset Condition Monitoring

Asset condition monitoring
Asset condition monitoring system
(courtesy of GE Bently Nevada)
Lost industrial production and unplanned plant outages cost companies and the US economy millions. 

Asset condition monitoring, as the name implies, is the process of continually monitoring a machine or piece of equipment with the intent to predict mechanical wear and / or a failure point. Key indicators of failing equipment are changing values in vibration, noise, and temperature measurements. Monitoring these variables are key indicators of the condition of the machine. By evaluating trends in the data, intelligent systems can provide health information about the equipment and asset in the early detection of possible faults or failures.

Continuously monitoring critical asset parameters such as vibration, temperature, speed, and numerous other condition indicators is a proven method for anticipating and preventing mechanical failures—proven in tens of thousands of industrial facilities around the world by delivering tangible benefits such as:
  • Improved protection from catastrophic failures
  • Better machinery reliability/availability
  • Fewer process interruptions
  • Enhanced maintenance/outage planning
  • Lower maintenance and repair costs
  • Longer intervals between outages
  • Reduced insurance premiums
Implementation of asset condition monitoring are benefiting manufacturing plants and process industries such as chemical, petrochemical, pulp & paper, power generation, wind turbines, and oil & gas. Not only can it save money from protecting against unplanned outages, but condition monitoring also improves productivity, quality, and profitability.

GE's Bently Nevada 3500 Monitoring System provides continuous, online monitoring suitable for machinery protection and asset condition monitoring applications. It represents our most capable and flexible system in a traditional rack-based design and offers numerous features and advantages not provided in other systems.