You are on page 1of 2

IIoT Enabled Predictive Analytics

Business Challenge
The rate of change of disruptive changes due to the advances in Automation, Sensors, Internet of
Things, Analytics, Big Data, Artificial Intelligence pose a tough challenge to Chemical and Hydrocarbon
Industry Manufacturers. The business challenges include to be innovative, compliant to the tightening
stringent quality and environmental regulations. The perennial customer demands for products and
services for less money create a compelling case for continuous productivity and operational
improvements.

Equinox Solution
The solution involves deployment of wired and/or wireless sensors; supplementing the existing wired
measurements through existing control systems all integrated into a historian which is the unified
central data repository. The Machine Learning (ML)/ Artificial Intelligence (AI) based application data
from the historian, Enterprise Asset Management applications like SAP-PM or MAXIMO to assist the
plant operations in predicting process upsets, asset failure & validating maintenance schedules. The
typical solution architecture is presented in the schematic below.

Typical IIoT enabled Solution Architecture


IIoT Enabled Predictive Analytics

Benefits
The IIoT Solution helps in proactive decision making & is powered through predictive and prescriptive
analytics, leading to increased uptime, improved performance and safety of the assets, reduced
maintenance costs. It also helps in bridging the gaps between cross-functional processes and improving
the agility of the organization. Some of the key benefits of IIoT solution are:

• Increased uptime of assets


• Improvement in Asset Utilization and Asset Management
• Reduced maintenance costs
• Stable operations leading to improved yields and product quality.

Why Equinox
EQNX has a decade long experience and expertise in Plant-wide Information Management Systems,
Data Reconciliation, Operations Management, Manufacturing Execution System (MES) Predictive and
Prescriptive Analytics and rendering KPI Dashboards using various platforms of various technologies
such as AspenTech, OSI PI, Honeywell, Yokogawa, Indicus, Rockwell etc..

EQNX is involved in IIoT projects including Proof of Concept pilots offering end to end implementation
of an IIOT solution, tailored to the requirements of the customer’s business and industry.

EQNX’s team is well versed with implementation of wired and wireless, battery operated connectivity
solutions from OEMs such as Monnit, Yokogawa, Emerson and several others addressing the
requirements of hazardous zones in an Oil and Gas or Chemical industry. The IIoT wave has taken the
world by storm but for several companies there is still a great deal of uncertainty around what the
Industrial Internet represents, how it might positively and negatively impact operations, and – most
importantly – how those all-important first steps can be taken towards adoption. Equinox has a
functional IIoT Lab set-up in its Pune, India office to demonstrate a typical end to end solution from
sensors to the IIoT Platform including use cases. Equinox is open to collaboration with companies to
help begin their IIoT journey.

For more information, please visit our website:


www.equinoxsoftwareservices.com

Or contact –

deepak.seth@equinoxsoftwareservices.com
aniruddha.chipalkatty@equinoxsoftwareservices.com

You might also like