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ARTICLE

Reduce unscheduled downtime


with predictive analytics
The combination of AVEVA’s Predictive Analytics and PI System™ creates
a new approach to asset monitoring for mining and metals companies.
Unscheduled downtime can lead to missed targets, cost overruns, and
reduced profitability. Making better use of available operations data to
prevent potential disruptions is critical for operational resiliency.

Now, PI System users can easily and automatically deliver relevant


operations data to AVEVA™ Predictive Analytics, use its proven, AI-infused
algorithms to get insight into asset performance, and – most importantly –
quickly and accurately operationalize those insights. These insights allow
mining and metals companies to move from condition-based maintenance
to a full predictive maintenance strategy – and ultimately lay the
groundwork for prescriptive maintenance.
The data science project trap With this approach, no one has to wait for data
scientists and IT teams to build predictive models.
AVEVA Predictive Analytics helps mining and metals
Instead, analytics tools are put in the hands of any staff
companies avoid delays that can result when predictive
involved in the technical stewardship of generation
analytics projects are led by data scientists. While they
assets. It is an off-the-shelf solution, so your staff
undoubtedly bring sophisticated data manipulation
does not have to develop any code: It was purpose-
skills to a project, there are risks to taking that
built for mining and metals operations and designed
approach. If a new model is built for each project – such
for operations teams to extract insights. Engineers,
as predictive maintenance, energy management, or
maintenance managers, COOs, and asset planners
other resource optimization – time-to-value can stretch
become a new generation of citizen data scientists,
to months while algorithms are developed, tested,
who can directly access analytics tools and start
validated, and implemented. In the world of mining
looking for insights to make business improvements.
and metals, time is of the essence and insights must be
quickly put into action to create value. Using predictive
Operationalize your insights to save money
analytics to operationalize asset performance enables
and boost resiliency
mining and metals companies to quickly uncover critical
information to drive rapid change. Organizations should consider time-to-value before
spinning up a new data science project. Do ready-to-
Empowering citizen data scientists use analytic solutions exist to uncover the issues they
are looking to prevent? Will faster implementation
Many of the analytics projects mining and metals
provide greater ROI? Extracting insights from existing
companies want to deploy do not need new models.
operations data addresses many of the issues mining
AVEVA Predictive Analytics is a mature solution,
and metals companies are currently trying to solve:
which enables operations teams to identify what is
Why did an asset fail? What is required to fix it? When
wrong with an asset, deploy the resources to fix it, and
will it fail again? How can future failures be prevented?
ensure the right parts are in stock, the person doing the
work is trained to do it, and the environment they work Integrating PI System data with AVEVA Predictive
in is safe. Analytics gives engineers deeper insight into asset
performance. Together, these solutions allow teams
AVEVA has helped mining and metals operations and
to operationalize their discoveries quickly, reduce
other industrial companies save millions of dollars
unscheduled downtime, and boost operational
and boost operational resiliency. The integration of
resiliency.
the two products allows PI System users to safely and
automatically deliver contextualized operations data to
a proven solution.

For more information about Predictive Analytics, please visit:


aveva.com/en/products/predictive-analytics

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AVEVA and the AVEVA logo are a trademark or registered trademark of AVEVA Group plc in the U.S. and other countries.
All product names mentioned are the trademarks of their respective holders.

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