Significance of Real Time Data Analysis in automation systems.
Real time data analysis provides ability for organizations to convert data into useful information that can provide critical insights. These insights can be further used to take effective business decisions ultimately driving better productivity, reliability and safety.
The success of an industrial operation depends on data being transformed into meaningful and actionable information. However, data isn’t seen or analyzed and this limits continuous improvement of plant and business processes.
The real value of digital intelligence lies in smarter decisions, which are made possible by greater insight into operations and collaboration. In this way, the plant can maintain safe production with higher uptime, minimize operating costs, reduce risks, and meet regulations requirements.
Elements of a Real time data analysis system
Honeywell’s Uniformance® Suite provides the backbone for real-time digital intelligence by unifying data, analytics and visualization. This solution enables smart operations by turning plant and asset data into actionable information. Crucial data can be organized in an asset-based system accessible in a secured manner – anytime anywhere. This is key to maximizing business results.
The key elements of this are:
- Capture – a robust data collection system where one can capture and store real-time process and event data
- Visualize – a rich intuitive visualization environment to visualize and explore information anytime, anywhere, to gain valuable insights
- Predict – detect and predict risks and opportunities with asset-centric advanced analytics
- Act – Connect process intelligence to critical business decision-making
Solutions offered by Honeywell
In a modern industrial facility, digital intelligence must be discovered and utilized to implement operational excellence as a business strategy. This approach is needed to improve access to real-time data, integrate people and organizations, and change work processes.
Honeywell offers integrated, best-in-class data, analytics and collaboration products built on a common platform to meet complex customer challenges, deliver significant business value, and reduce total cost of ownership. For example, in a fully integrated system where all types of data are efficiently captured and stored for easy retrieval, information is easily visualized and explored for effective engineering analysis. Events are predicted and detected based on underlying patterns and correlations, and process intelligence is used for better business decision-making – all performed within the context of an asset model.
Honeywell offers various solutions for demanding applications through Uniformance® Suite:
- Equipment Health Surveillance – Integrated environment for continuous plant equipment monitoring
- KPI Management – Powerful, yet easy to use application for comparing business metrics against targets
- Process Monitoring – Unified solution for monitoring and optimization of plant processes
- Energy Monitoring – Effective tools and dashboards for real-time energy monitoring
And the benefits that industrial organizations get through these solutions can be enormous. Uniformance® Suite can:
- Increase asset utilization by up to 10%
- Reduce maintenance Costs by 5-10%
- Reduce unplanned downtime by up to 50%
- Improve equipment reliability
- Increase safety
Challenges in implementing Real time data analysis systems in Indian perspectives
The first step is to implement the right sensors/data collection system in a plant. Automation systems should support open standards. With a mix of legacy and modern systems, organizations in India could face challenges in data connectivity. Matrikon OPC provides excellent data connectivity solutions to overcome this challenge. Organizations also lack a true enterprise historian. Honeywell PHD provides a world class, scalable, robust enterprise historian for capturing and storing real time process and event data.
