enabling intelligent advanced asset management based on smart … · 2019-09-02 · a medium sized...

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Enabling Intelligent Advanced Asset Management based on Smart Grid, Wireless

and Cloud Technologies to Reduce Life Cycle Cost of Utilities

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Agenda

� Introduction� Intelligent Advanced Asset Management� Cloud Technologies to Add to the Intelligence� Risk and Investment Management to Reduce Life Cycle

Cost� Controller and Advanced Asset Management� Conclusion

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What is Intelligent and Advanced Asset Management?

� Can my current asset management system tell me how my assets will behave if I experience 3 more contiguous days of hot weather that is 1 Celsius higher than temperatures over last several years?

� How does the probability of failure correspond to asset type and age?� What is the implication on business risk exposure?

� Can my current asset management system tell me which risks I can defer and by how many years?

� If my available budget is 50% of assets that I identify as needing repairs or replacement, can my management system tell me which ones to proceed with this year?

� Can my management system tell me which ones I can defer AND by how many years?

� Can I evaluate alternative management strategies across 10,000+ assets and compute return on investment for various deferrals within an hour?

� Have I selected the lowest life cycle cost alternative� Have I smoothed out my investment requirements over next 10 to 20 years?� Can the rate payers sustain my investment needs?� Can I assure use this to get a better debt rating?� Have I managed the risks posed by a few days of extreme weather?

Lets look at one example

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Connectiva ONEREVIEW Framework – Intelligent and Advanced Asset Management

Proprietary and Confidential | www.connectivasystems.com

Action

Take action to

optimize – provide

feedback in real time to

plant

Insight

Look at asset classes

across enterprises,

identify best

management strategy

in real time

Analyze

Solve for efficient risk

management –

maintenance, rehab,

replacement; across 1

Million assets

Collect

Collect and collate

enterprise asset data

Monitor

Asset Condition from

inspections,

External environmental

and financial factors

Discover

Discover unexpected

changes in asset

condition

1 2 3

6 5 4

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Agenda

� Introduction� Intelligent Advanced Asset Management� Cloud Technologies� Risk and Investment Management� Reducing Asset Lifecycle Cost� Controller and Advanced Asset Management� Conclusion

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Equipment, assets, infrastructure can fail in four modes


Asset Management Module helps you track conditions and anticipate failure

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What is “Advanced” Asset Management?

� Linear and Spatial Asset Management� Multiple Conditions along an Asset� Spatially Distribution of Conditions

– Linear, Areal, 3 Dimensional assessment along each asset

� Advanced Risk and Investment Management Tools� Manage Risks within enterprise� Manage Risks external to enterprise

– Climate Change and Weather Patterns

– Financial Conditions

� Emissions and reporting


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Mobile Device ImplementationDevice can leverage smart grids totransmit condition data


Inspections

Source:

SCVWD

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Select the Aerial Distribution – Point, Linear, etc

Inspections

and Inventory

Source:

SCVWD

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General Concept: Business Risk Exposure

� BRE = PoF x CoF x RPoF = probability of failure

CoF = consequence of failureR = Redundancy -

No redundancy = 1

Full redundancy = 0.9Double redundancy = 0.5

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“Intelligent” Asset Management System for Utility Enterprise� Understand how Business Risk Exposure (BRE)

escalates up the asset hierarchy� Valve� Pipe or Pump� Process� Plant� Enterprise

� Develop Management Strategies to manage the risk proactively� Analysis of the Problem through a Controller� Treatment / Resolution while process is On-line� Shutdown process if required; protection

� Provide higher level of assurance to the customer, owner and investor� Look at external environmental and financial factors

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Agenda

� Introduction� Intelligent Advanced Asset Management� Cloud Technologies to add to the Intelligence� Risk and Investment Management� Reducing Asset Lifecycle Cost� Controller and Advanced Asset Management� Conclusion

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System


10% Reduction in Life Cycle Costs

Analytics

Mobile

Inventory and

Inspection

Tools

Work

Order

Management

Wired,

Wireless

And

Smart Grid

Communications

Cloud

Based

Analytical

Tools

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Why Reside on a Cloud?

� Manage larger numbers more efficiently� Conditions x Assets = Much Larger Number

� Manage effectively for Multiple Financial Variables and Risks� Perform Statistical analysis to identify most efficient practice across

– Plant– Enterprise

– Types of Enterprises

– Asset classes

� Integrate with financial markets– Interest rates

� Integrate with weather patterns

� Enable two way Communication � Capture data from Plant Controller� Push recommendation to Plant Control and Management Control


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Three modules


1. Inspection and Condition Rating Module (ICM)

3. Risk and Investment Management (RIM)

2. Work Order Management (WOM)

WOM is part of standard asset management software.

ICM and RIM are part of an advanced asset management system. They have analytical tools to make decisions specific to your type of infrastructure. When applied across the enterprise, they deliver 10% reduction in Life Cycle Costs.

A medium sized utility or industrial facility which spends USD 3 Billion in 30 years – an average of 100 Million annually in capital investments, replacement, rehabilitation & preventive maintenance - can save $10 Million a year over a 30 year time period.

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Agenda

� Introduction� Asset Management� Cloud Technologies� Risk and Investment Management to Reduce Life Cycle

Cost� Controller and Advanced Asset Management� Conclusion

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Risk and Investment Management-gets you to a Business Risk Driven Management Strat egy


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Results….


Reduce your stranded asset cost substantially

We can reduce your infrastructure buildout and operations costs

A. Monitor intermittently

B. Run to failure

C. Have spares in warehouse

D. Prioritize inspection, add redundancy if possible, keep spares

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Risk and Investment Management – starts at each asset

An enterprise will have 10,000 or more assets

We can have multiple strategies on an asset at any level in its hierarchy

We can have multiple conditions along a linear asset

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Installation, Replacement and Rehabilitation Costs on Each Asset

0

10000

20000

30000

40000

50000

60000

0 10 20 30 40 50 60 70 80 90 100 110

T ime, years

An

nu

al

Ex

pe

nd

itu

re

0

100000

200000

300000

400000

500000

600000

700000

Age B as ed Annual C os t

Age B as ed C umulative T otal

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Link decay curve of asset condition over time to th e nature of asset, efficiency of operation and intens ity of preventive maintenance (PM)

0.000

0.100

0.200

0.300

0.400

0.500

0.600

0.700

0.800

0.900

1.000

0 2 4 6 8 10 12

4

3

2

1

0.5

0.33

0.25

Decay of Asset Condition over time, on a scale of 0 to 1Intens ity P M

of Decay C ost

P M E xponent US D

P oor 0.33 500

L ow 0.5 1000

Moderate 1 2000

High 2 2500

E xcellent 4 3000

We use our knowledge of the operations and the setup this relationship between

PM and decay. We apply proprietary and subject matter expertise

•We control efficiency and intensity of operations through the Controller

•We use our knowledge of equipment, operations and risk and leverage the plant

operator’s knowledge of the same issues

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RIM helps find a better management and investment s trategyApplication to a real asset

0

10000

20000

30000

40000

50000

60000

0 10 20 30 40 50 60 70 80 90 100 110

T ime, years

An

nu

al

Ex

pe

nd

itu

re

0

100000

200000

300000

400000

500000

600000

700000

Analys is of A lternatives B as eline

Analys is of A lternatives Alt 4

C umulative Age B as ed B as eline

C umulative R is k B as ed Alt 4

Applied it to develop a better strategy on a pump (Alt 4). Saved 10%

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Intelligent and Proactive Management of PoF and Ris k:How the CONTROLLER helps with Asset Management


Helps you find

and implement

the most cost

effective

strategy

Reduces

operator error,

reduce ops

costs

Reduces Probability of Failure (PoF) starting from the asset level

Helps you find and implement more cost effective management strategies

Identify and

address

bottlenecks

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Agenda

� Introduction� Asset Management� Cloud Technologies� Risk and Investment Management� Reducing Asset Lifecycle Cost� Controller and Advanced Asset Management� Conclusion

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Within the Plant: View and Manage Assets through the Graphical Interf ace of the Controller

Graphical Navigation

> Click on Icon – secondary clarifier

> Drill down the asset hierarchy related to the icon

RAS Pumps (and its children – impellers, seals)

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Controller and Advanced Asset Management – whole plant process in power plant

� All raw exothermic material feeds (coal, gas, oil)� All heat transfer material feeds (water)� All losses� All emissions� Upstream process systems on downstream systems

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Controller and Advanced Asset Management in a Coal Fired Power Plant

Source: RFID in Energy and Utility Industries

Sen, D., Sen, P. and Das, A. Pennwell, 2009

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Controller and Advanced Asset Management Generation-Distribution Interconnect

Assets within a Substation to Step down voltage from subtransmission system to to primary

distribution system

Source: RFID in Energy and Utility Industries

Sen, D., Sen, P. and Das, A. Pennwell, 2009

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Conclusions

� Intelligent and Advanced Asset Management can be implemented through an efficient connection of mobile, local server and cloud based systems

� Analytics of 10,000 to 1 Million assets in real time� Enterprise� Leverage experience from Multiple Enterprises

� Connect to time dynamic external factors and convey the best management strategies to the enterprise� Weather patterns� Cost of financing

� Optimize to achieve 10% reduction in life cycle cost� Save 10 Million dollars a year for a Utility spending 3 Billion over

30 years in Infrastructure and its Maintenance


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EXTRA SLIDES


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THANK YOUQUESTIONS ?

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400 employees across 4 continents

Experienced management team with 120+ man

years of Analytics software experience

Head Quartered in New York with offices in

London, Bahrain, Bonn, KL, Kolkata and Mexico

City

Evolution of Connectiva


Started in 2001

8 years of consecutive organic growth

Among Top 3 Vendors in Revenue Management today

3 key product lines: Revenue Assurance, Fraud Management andCustomer Experience Management; CEM is the fastest growing product line.

Recognized by Frost & Sullivan among Top 10 telecom software companies to watch

Recognized by Gartner for largest deployment at a group level

Generated $500 million in savings for customers to date; on track to achieve goal ofhelping customers realize $1 B in savings by 2011

State-of-the-art development and delivery center in Kolkata, India

Market Profile

Investors Employees/Locations Partners

40+ sites in production

Customers

Delivered $500+ million in savings to date

Among Top 3 Vendors in Revenue Management

100+% CAGR in the last 4 years

Strong balance sheet and financials

Govt: MCET, Maryland

Dept of Environment,

Utility: Washington

Suburban Sanitary

Commission, Anne

Arundel County DPW

Industry: ITT, GE,

Educational Inst: Univ

of WO, UCF,

Engineering: Stanley

Engineers, URS

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Connectiva ONEREVIEW Framework


Action

Take action to

optimize

Insight

Gain valuable

actionable &

repeatable insight into

plant operations

Analyze

Solve for efficient

energy, effluent

quality and chemical

consumption

Collect

Collect and collate SCADA

system and sample data

Monitor

Monitor DO levels,

reactor operations

Discover

Discover unknown

facets of customer

behavior

1 2 3

6 5 4

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Connectiva OneReview Framework


Dashboard Analytics Smart Discovery

Discovery of micro segments &

divergent populations

Evaluate hidden impact of

actions & events

Detect sudden behavior change

Analytical blind spots removal

Identify & correlate

View dynamic operational

insight

Act via KPIs, Rules, Reports

Visualize graphical trends

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Intelligent Advanced Asset Management for Enterpris e-Enables Proactive rather than reactive management o f risks

� Create the asset hierarchy (or Enhance hierarchy in existing Asset Management Software)� Equipment, systems in plants; � Water supply, wastewater collection, reuse networks

� Understand the Consequence of Failure (CoF)� Determine this at asset level and go up the hierarchy

� Determine probability of Failure (PoF)� Identify Failure Modes of assets� Conduct condition assessments at the right frequency� Compute PoF at each level in the hierarchy

� Create the redundancy� Compute the Business Risk Exposure

� We will help you manage risk proactively

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Implementation

� With Asset Management Software

� Inspection and Condition Rating (ICM)– Systematic analysis of

– Condition of each asset– Probability of Failure– Consequence of failure at the

asset level and up the hierarchy

– Engine to compute Risk at the asset, plant and enterprise levels

– Works with GIS and Asset Management Software

� Risk and Investment Management (RIM)– Takes data from ICR and Asset

Management Software

– Helps you develop the most cost effective management strategy

– Minimizes capital requirements for infrastructure

– Enables Asset Management Software for proactive WOM

� Without Asset Management Software

� Inspection and Condition Rating (ICM)– May bring in additional GIS– Stores Inspection and conditions

� Risk and Investment Management (RIM)

– Takes data from ICR and WOM– Computes business risk– Advises you on management

strategy

– Minimizes capital requirements for infrastructure

� Work Order Management (WOM)– Proactive rather than reactive work

order management


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On each asset or condition on linear asset, we can look at Age and Condition/Risk Based Strategy

Asset goes through decay, rebounds to a certain level on rehabilitation, and rebounds completely on

replacement

C ondition B as ed R ebounded C R S

0

0.2

0.4

0.6

0.8

1

0 10 20 30 40 50 60 70 80 90 100

T ime, years

Co

nd

itio

n R

atin

g

C ondition B as ed R ebounded C R S

Ag e B as ed R ebounded C R S

0

0.2

0.4

0.6

0.8

1

0 10 20 30 40 50 60 70 80 90 100

T ime, years

Co

nd

itio

n R

ati

ng

Age B as ed R ebounded C R S

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Filters to Manage Assets through the Graphical Inte rface of the Controller

Filters to Manage

> Click on Icon – secondary clarifier

�Find what needs to be rehabilitated or repaired next year, 5 years

�Evaluate what happens if we defer maintenance

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Agenda

� Introduction� Asset Management� Cloud Technologies� Risk and Investment Management� Reducing Asset Lifecycle Cost� Controller and Advanced Asset Management� Conclusion

enabling intelligent advanced asset management based on smart … · 2019-09-02 · a medium sized...

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