THE ANALYTICS OPPORTUNITIES
Many manufacturers are sitting on a data gold mine – the operative word being sitting . Companies need to take that data out of silos and bring it together in one unified analytics solution . Today , engineers are missing hidden insights that can improve upon process parameters by analysing the relationship between key metrics and the energy consumed . These insights will enable them to reduce energy consumption while maintaining or improving quality , yield , and throughput .
Energy monitoring and optimisation can complement each other , particularly if data is yet to determine the greatest energy consumption and the potential areas for reduction . Manufacturers could see variations in energy consumption due to inefficiency of their production schedules or from fluctuating raw material specifications , changing ambient conditions , etc .
By deploying a prepackaged software solution in an agile way , manufacturers can see quick results
Not all manufacturers are created equal . Process industries , or energy-heavy industries are more aware of where the biggest energy consumers are .
In discrete manufacturing , it must first be understood where the high energy consumption is , as well as the biggest variation in energy consumption – an area where there is great room for optimisation .
Monitoring will provide key insights into energy consumption across a variety of operational factors , from equipment to administrative aspects , to determine an overall baseline . In the process , datasets will be formed to pinpoint energy-intensive processes . Advanced analytics helps customers analyse factors they may have overlooked . By deploying a prepackaged software solution in an agile way , manufacturers can see quick results .
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