February 2021

Special Focus: Digital Transformation

Improve reliability and reduce maintenance with advanced analytics

A common misconception in largescale process manufacturing is that minimizing downtime by increasing reliability is the key to increasing profitability.

A common misconception in large-scale process manufacturing is that minimizing downtime by increasing reliability is the key to increasing profitability. This mindset fails to address the fact that some downtime can improve capacity, increase production and minimize maintenance expenses. The most effective way to maximize production is by striking a balance between reducing costly unplanned downtime and taking proactive, calculated downtimes to restore or increase throughput capacity. Planned downtime also provides an opportunity for proactive maintenance, which is much less costly than reacting to failures after they occur. Unplanned downtime is primarily due to equipment failure, and redu

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