Poor alarm management is one of the leading causes of unplanned downtime and has been a major contributor to some of the worst industrial accidents on record.
~0,05% of production losses (~820' chemical industry) due to poorly configured alarm system. It also impacts the safety of a plant and its personnel.
On the other hand, limited time, expertise & resources to continually monitor, assess and improve the alarm system according to international norms & standards often present a barrier to reaching operational excellence.
Process Event Analytics (PEA) analyzes the performance and characteristics of the alarm system based on international norms (IEC, ISA & EEMUA) and focuses on the Monitoring & Assessment entry point to alarm management
PEA provides:
Interactive and easy-to-use cloud-based application
Evaluation of alarm system performance based on international norms & standards (IEC, ISA, EEMUA)
Detailed analysis of event source and key causes
Adaptability to customer alarm philosophy
Provide recommendations on how to improve the alarm system performance
Intuitive & easy to use user experience such that a user requires no additional training or manual
Flexible pay-per-use business model be realized via operational costs (OPEX), avoiding add. CAPEX and requires no resources from customer
