PROGRAMS mapped on
Economic sustainability

General desciption of Economic sustainability:

Economic sustainability is the component of sustainability where the focus is on commercial competitiveness and the ability to do be successful from the business perspective.

Comment:

PROGRAMS solution will allow to gain a “10% increased in-service efficiency through reduced failure rates, downtime due to repair, unplanned plant or production system outages and extension of component life.”

reduced failure rates:
  • analysis of real sensor data coupled with physically-based models allows to understand the real status of system components
  • optimal maintenance strategies allows to perform maintenance before components crash
reduced downtime due to repair:
  • precise determination of components RUL will allow to replace/repair components before critical downtime
  • smart maintenance strategies allow to minimize maintenance impact on the production activities
reduced unplanned plant/production system interruptions:
  • repair or replace of components before crash will lead to less unexpected components breakage
  • rationalized maintenance crews deployments will reduce the number of unavailable spare parts or maintenance teams.
  • shared  maintenance information will reduce time for reacting to unplanned outages.
extension of component life
  • Smart RULE algorithms will allow to exploit a component up to its full useful life
  • tuning of processing parameters allows to use equipment for a longer time

All these aspects will reduce the costs related to maintenance activities, thus increasing the sustainability of the production process.