Innovative Solutions Cloud-Based Intelligent Asset Management System

Editor: Ahlam Rais

Rotork has launched a cloud-based Intelligent Asset Management system, a programme of advanced analytics for the management of intelligent flow control assets.

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The innovative intelligent asset management system can improve reliability and availability of key assets on site, and reduce unplanned downtime, poor performance and reputational damage.
The innovative intelligent asset management system can improve reliability and availability of key assets on site, and reduce unplanned downtime, poor performance and reputational damage.
(Source: Rotork)

Intelligent Asset Management is a cloud-based asset management system for intelligent actuators and the flow control equipment they operate. It is a system of advanced analytics to improve reliability and availability of key assets (such as valves) across all industries that use flow control processes, states the company.

Failure of key equipment on any site or plant can result in unplanned downtime, poor performance, reduced output yields and reputational damage. By collecting data and monitoring asset status, the new system can lead to long-term operational stability, adds the firm.

The asset management system uses the information downloaded from the data logs recorded within intelligent actuators. According to the company, it is a robust, safe and secure online platform with a simple to use intuitive interface that can run on all operating systems. Summary views and color coded maps simplify complex analytics into easy to understand visuals. The key areas of information that are taken from data loggers and uploaded to the asset management system are torque, temperature, vibration and event log information (such as open and close starts log, movement log and alarm log). Live diagnostic actuator data is available for sites that use a Rotork Master Station (via the Gateway computer), such as alerts and actuator status.

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The advanced analytics within the asset management system removes the need to manually review data, saving time. Early detection of issues will allow resolution before costly failure, aiding the firm’s customers in saving money and reducing downtime, opines the company.

The asset management system is available both as a standalone offering and as part of a combined solution to meet individual customer needs. Performance, process criticality, product and operational data are combined to assess asset condition and determine if any intervention is required to prevent performance degradation or failure. It is suitable for use with all intelligent actuators across multiple applications, including oil and gas, water and power, and chemical, process and industrial markets, shares the firm.

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