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Process Event Analytics

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

    Advanced analytics (e.g. Event chain detection) reduce significantly analysis workload and extending analytical capabilities

    Performance transparency based on international norms & standards over time and plant area

    Breaks down alarm performance improvement into focused steps enables objective & gain-oriented improvement decisions

    Collector software is deployable without influencing operations

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