Compressors, pumps, heat exchangers, batch reactors, and other physical assets are used in the process industries. Such assets are often managed as an asset fleet by major businesses that have multiple locations. Information on the dependability, availability, and maintainability of the assets in an asset fleet is necessary for strategic planning of maintenance and scheduling. To give asset managers a hands-on virtual experience and allow them to modify a mockup model to monitor asset coordinates, alignments, and parameters, the digital twin technology creates 3D representations of industrial assets. However, this is just the beginning of technology. Additionally, it allows for simulation capabilities, which let the user adjust settings to judge fictitious events for precise event evaluation in the virtual world. Another benefit of this technology is its incredible integration capabilities, which allow it to gather and store data from several dispersed data sources into a single visualised point. Additionally, it can be enhanced with prescriptive and predictive analytics to provide insightful and foreseeable overviews of crucial assets. Read on to discover how digital twin technology can overcome the challenges faced by compressor asset managers in compressor assets.
Digital Twin and its Advantages in Compressor Asset Management
Many advantages stem from the digital twin technology. The digital twin certainly puts compressor asset managers ahead of others and aid in many compressor asset operations. Here are 6 advantages of incorporating digital twins into compressor assets:
The simulation of a wide range of scenarios and cases is possible because of digital twins. Asset managers can develop advanced predictive analytics models owing to digital twins. Compression asset managers can forecast potential risks to the compression assets and those that may arise from human interactions attributable to the predictive capabilities of digital twin technology. They enable the operation of the asset to be predicted before startup, allowing for the anticipation of potential faults. These models can aid in determining the likelihood of an accident occurring and its specific circumstances. As a result, asset managers would be able to take extra precautions and preventive measures to make sure that compressor asset operations do not result in any injury. These parameters may also be linked into connected worker solutions, enabling workers to proactively prevent mishaps.
Reduce Unplanned Downtime
Asset managers have a platform to reduce operational downtime by optimising their assets and being able to simulate different situations when they have a digital twin, which helps pave the way for improved management. Compressor asset managers can use a dynamic dashboard customised to their job and needs to monitor, visualise, control, and optimise facility operations. Having this capability makes it possible to restructure scarce resources, deal with scheduling issues, and identify equipment faults. To view real-time condition parameters of the structural and operational statuses of the assets, digital twins will create 3D or 2D virtual representations of mechanical assets that may be interacted with or modified.
Introduce More Effective Maintenance Schedules
Research shows that the great majority of industrial asset maintenance is both expensive and poorly managed. Typically, needless routine-based, pricey otiose repairs or reactive maintenance account for more than 80% of the actual work performed by maintenance and operating professionals. You can forecast issues and save needless maintenance by deploying a digital twin, which boosts productivity and lowers expenses. The IIoT-driven virtual sensors will simulate the current, previous, and projected parameters of your assets in these models and assist you in gaining a comprehensive, intuitive awareness of their state and the wisest financial choices to be made to extend their lifespan.
Get to Know Your Compressor Asset with One Virtual Model
Virtually every physical component of a device, including its electronics, mechanics, and software, is represented by a digital twin. This virtual representation enables the simulation of various manufacturing and usage scenarios. It can be thoroughly confirmed and evaluated in this manner before manufacture. The digital twins are an integrated virtual representation of production lines that include all of the same stages. In contrast, if the process is not in operation because it is in the design phase, data and scenarios can be simulated before it is put into action. If the process is real, data can be acquired from it to replicate specific behaviours. Alongside these advantages, the digital twin can obtain every piece of information about compressor assets and their components, making it easier for asset managers to make better operational decisions.
Opportunities for Continuous Asset Improvement
Your compressor asset can be simulated using digital twin technology, allowing for the detection of asset flaws and inefficiencies. These digital representations are fed with actual data processed using artificial intelligence algorithms and collected by sensors that are integrated into the actual process. Asset managers can essentially simulate the genuine process thanks to this data. From this point, asset managers can, among other things, mimic behaviours and forecast how an object or process would behave. Compressor asset managers will be able to understand how their compressor assets are evolving and prospering owing to better asset management. Compressor asset operations will experience an acceleration in their performance due to improved efficiency and greater knowledge of asset components, attributable to these cutting-edge capabilities of the digital twin.
Reduce Human Work Load
You can have a thorough understanding of your compressor asset thanks to digital twin technology. Compressor assets require recurring maintenance services for reasons of operation and safety. For each compressor asset to be physically serviced and for maintenance tasks that are both costly and ineffective to perform, a large number of human resources may be needed. By incorporating digital twins into compressor assets, asset managers will have comprehensive information on whether a component of an asset is decaying and when exactly it will be decaying because of the technology’s predictive capabilities. Additionally, the prescriptive qualities of digital twins will enable asset managers to take the necessary steps to stop further compressor asset deterioration, which will help save time and additional staff.
Achieve Greater Solutions with Digital Twin
Power generation businesses are using digital twin software to adapt to a terrain that is getting more and more difficult as a result of regulatory, market, and technical trends. They can achieve their company objectives with the aid of this digital revolution. One of the most recent developments under Industry 4.0 is the idea of Digital Twin technology, which is a major game-changer for the industrial sector and enables businesses to greatly boost their competitiveness. Asset information is transmitted to the digital twin by sensors placed strategically throughout the real-world equivalent. The Digital Twin is automatically updated to reflect changes to the physical asset as they occur. This enables us to track the change in real-time from any place and using any device. Harness the power of the digital twin to reach greater solutions in your compressor assets.