Webinar: Smart Transformation for Energy & Utilities

Webinar Series: Smart Transformation for Energy & Utilities

Presented by Engineering Industries eXcellence and Siemens Digital Industries Software

Background

As the industrial world becomes increasingly digitalized, companies in the Energy & Utilities sector are seeking innovative technology solutions that enhance connectivity across their production facilities and enable their businesses to operate more efficiently, cut costs and increase product quality.

• Assess Challenges: The first step that companies must follow in this process is assessing their most pressing challenges, whether it be managing manufacturing data, improving asset performance or optimizing planning and execution processes.
• Identify Solutions: Next is figuring out which solutions work best for their current processes, production requirements and business goals. Business drivers include visibility, time-to-market and quality compliance.
• Implement Solutions: Last, companies must have the right resources, technical knowledge and business process expertise to implement and connect their chosen solutions in a way that supports the unique needs of their business.

In order to help industrial leaders around the world address the challenges of this sector, as well as the complexities of digital transformation, Engineering Industries eXcellence and partner Siemens Digital Industries are hosting a 3-part webinar series in which our Industries eXcellence experts will share our proven digital toolkit leveraging Siemens technologies.

• Part 1: Asset Performance eXcellence for Smart Energy & Utilities (September 1, 2022)
• Part 2: Executable Digital Twin for Smart Energy & Utilities (TBD – Stay tuned!)
• Part 3: Capital Asset Management for Smart Energy & Utilities (TBD – Stay tuned!)

Webinar 1: Asset Performance eXcellence for Smart Energy & Utilities

Date: September 1, 2022

Times: 12 p.m. CDT, 1 p.m. CEST

In the first part of our webinar series for Smart Energy & Utilities, Engineering Industries eXcellence and Siemens Digital Industries will present a digital toolkit for Asset Performance eXcellence. One of the most important decisions that an asset-intensive enterprise must make is how to manage and care for its assets. In the Energy & Utilities industry, this is especially true because assets are critical to operations and their performance directly impacts business outputs.

To increase their Return on Assets (ROA), companies are implementing digital solutions for Asset Performance Management (APM). APM solutions enhance Enterprise Asset Management (EAM) by delivering information and insights related to asset condition and performance at the point of action to minimize unplanned repair work, reduce equipment failure, increase asset availability and extend asset life without incurring unnecessary costs. To help manufacturers achieve these results, we are proud to introduce our unique portfolio of Smart 7-Apps for Asset Performance Management. These low-code, cloud-based applications utilize Artificial Intelligence (AI) and Machine Learning extensions to monitor key performance indicators, collect and analyze asset data and enable prescriptive, predictive and descriptive analytical functions.

Two sessions of this 1-hour webinar will be hosted to ensure access to our global audience. Smart Energy & Utility experts will present our holistic offering for Asset Performance eXcellence:

• Smart Monitor for Asset Excellence – enables real-time Production Monitoring, Process Variability Monitoring, Statistical Process Control (SPC), Process Trends & Deviation Analysis, Alarms Management, and Quality and Corrective Action Management;
• Smart Energy for Asset eXcellence – enables Energy Utilization Monitoring, Energy Consumption Visibility & KPIs, Asset/Line/Plant/Multi-Plant Level Analysis, Energy Meter Inspection & Data Collection, Regulation Compliance and Integration with ERP for Energy Costs;
• Smart Performance for Asset eXcellence – enables Asset Performance Management (APM), Overall Equipment Effectiveness (OEE), Key Performance Indicators (KPIs), Bottleneck Analysis, Downtime Management & Alarm Triggers and Customizable Visual Dashboards;
• Smart Operator for Asset eXcellence – enables Manual Operations with Visual Guidance Coordination, Augmented Reality Integration, Remote Collaboration, On-Demand Expert Training & Support and Visual Process & Execution Analysis;
• Smart Process for Asset eXcellence – enables Manual Operations Monitoring, Video Analysis Integration, Performance Data Collection, Performance Efficiency Analysis, Performance Productivity Analysis and Error Checking, Plant Visibility;
• Smart Maintenance for Asset eXcellence – enables Reactive Maintenance, Early Warning (Machine Learning), Root Cause Analysis, Condition-Based Maintenance, Predictive Maintenance, Prescriptive Diagnostics & Maintenance and Integration with ERP (Part Replenishment & Costs);
• Smart Plant for Asset eXcellence – enables Digital Twin of Factory & Machines, Plant Simulation Modeling, Process Simulation Modeling, Asset Behavior Analysis, Artificial Intelligence & Machine Learning and Continuous Improvement.

The webinars will end with an open forum expert panel discussion including Engineering Industries eXcellence, Siemens Digital Industries and Smart Energy & Utilities leadership.

Interested in speaking to one of our experts before the webinar? Contact us at info@indx.com.