Intelligent CIO Europe Issue 01 | Page 98

t cht lk G rowing numbers of companies are using the potential of IoT and Big Data to anticipate wear and tear and mechanical malfunction of their equipment. This predictive maintenance process is becoming increasingly accurate thanks to machine learning capabilities. Whether for controlling machines remotely, monitoring their operation or simulating production processes, many manufacturers are now turning to the Internet of Things (IoT). Already an indispensable technology in Industry 4.0, IoT enables communication with a great variety of objects, from fork-lift trucks to chemical sensors. How does it work? The installation of connected sensors in an analytical program enables the constant monitoring of a component, a piece of machinery or a system. How? In various ways, including measuring temperature 98 INTELLIGENTCIO The data collected by these sensors is analysed to define a machine’s standard operation. An anomaly is detected by comparison with the benchmark operation. If an anomaly is detected, the maintenance agents are alerted and as such can possibly intervene before the machine breaks down. showed that 70% of 450 IT decision-makers and on-site service managers do not know exactly when their equipment needs to be maintained or upgraded. 46% of their machines’ unplanned outages are due to component failures. And what are the consequences? Unexpected shutdowns, lasting four hours and costing US$2 million on average, a significant impact on production, IT and customer services. Better prediction for greater savings This affects every sector! To boost their ability to anticipate wear and tear, more and more companies are now using the combined potential of IoT and Big Data. For companies – because equipment outages are expensive – the key points are real-time monitoring of machine performance and significant savings. Predictive maintenance, the spearhead of the ‘connected plant’ for detecting potential equipment malfunctions on assembly lines, is now being used in all spheres of activity. For example, elevator manufacturer Kone has set up a partnership with IBM to fit its elevators with sensors to detect and anticipate malfunctions. Operating data, stored on IBM cloud servers, are processed by the cognitive through infrared images, airflow pressure, or vibration frequency. A survey conducted in three European countries and the United States in 2017 www.intelligentcio.com