Data plays a major part in operations reliability. A well-designed analytics process can take raw plant data and transform it into actionable information that can be used to create more reliable and better performing assets, leading to improved operational efficiency.
AVEVA has identified 7 key factors that enable companies to realise significant improvements in profitability with the successful application of predictive analytics at scale. An analytics strategy should start with a clear definition of the problem, the value in solving the problem, and a plan to track results over a defined period of time.