The innovation game in which industry scores big: Part 2

Open innovation had led to game-changing industrial IoT advancements. Leveraging sensing, mobility, cloud, analytics, and security has enabled us to take IIoT to a new level with EcoStruxure for Industry. In turn, our Oil & Gas customers now can make huge leaps toward:

·        increased operational and energy efficiency;

·        better asset performance and reliability;

·        best-in-class safety;

·        lower CAPEX and OPEX, and

·        increased cyber security.

Oil & Gas should take note of three specific Industrial IoT advancements, each of which is enabled by augmented reality …

Augmented Operator: speed and responsiveness

Until recently, the lack of real-time visibility in large Oil & Gas plants has been a limitation. You may have old manuals and diagrams or a tendency to sense temperature by gut feel or a knack at making your best guess as to what’s really happening inside a pump. With Schneider Electric’s Augmented Operator, operators can “see” what really is happening in real-time and in situational context. We have helped TransCanada, for example, ensure safe and efficient pipeline operations through high-fidelity leak detection.

Thanks to connectivity and mobility from smartphones and tablets, augmented overlays give operators the ability to make the right decisions at the right time. With such speed and responsiveness, plants are much safer and more productive. Being fast on your feet and agile gets you closer down the field to the goal, upping your team’s chances of scoring on today’s competitive playing field. You don’t have to be an engineer to see how thrilling this innovation is!

Augmented Assets: durability and endurance

We all know what a substantial investment each Oil & Gas asset requires. So you want to ensure that each asset is durable and functioning well at all times to avoid incredibly expensive unplanned downtime. You know the historical challenges of asset failure, which was especially difficult to solve in remote situations. Our cloud-based Asset Performance Management Service gives companies a secure way to see assets in immersive 3D reality. Predictive analytics and condition management tools let you predict failure long before it results in downtime. Adma Opco in Abu Dhabi, for instance, uses our Asset Operation System with advanced condition monitoring for efficient production. We can even send parts before you know a potential problem is brewing. Augmented assets bring availability up to 99.9% while also allowing companies to avoid a “rip and replace” approach. Soccer games require endurance for nearly continuous play; your plants do, too. Healthy, durable assets ensure they perform well now and in the future.

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