“Space: the final frontier. These are the voyages of the Starship Enterprise.”
For some organizations, this can mean millions of dollars – and today’s technology can get you there. Here are three key pillars to success:On Star Trek, it seems like every character is a technology genius. But in the real world, you can’t expect reliability engineers to double as data scientists. Now you can predict asset failure and take action to head it off. This can help optimize maintenance in general. Rather than performing preventative maintenance on a predetermined schedule, you can step in at precisely the right time to, say, replace a part or change some fluids. This helps to rein in the tendency to over-maintain – which helps to reduce costs and improve asset availability.
One frontier with digital twin technology is the development of “virtual sensors.” Instead of adding physical IoT sensors to an asset, maintenance teams can add virtual sensors to the digital twin of the asset to simulate a physical sensor.
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Source: Forbes - 🏆 394. / 53 Read more »