Twenty years ago, our cars didn’t have many implementations on their dashboards. So if we wanted to calculate the fuel efficiency in miles per gal lon (i.e., (gallons used X 100) ÷ miles traveled = gallons per 100 miles), we had to manually calculate data gathered from our fuel gauge, gas pumps, and physical maps. Fast forward to today. Our cars now have the power to calculate all of this data automatically so we can make better decisions to improve our driving efficiency.
In the past few decades, the way we gather data to make better decisions has changed in all aspects of our lives—from the way we drive to how we run our businesses. The technology industry has been talking about digital transformation since the early 2000s but some industries have been slow to change and continue to operate in the same way they did 20 years ago.
As the needs of today’s industrial manufacturers are changing rapidly to adjust to driving forces in the industry, the growing gap between traditional and digital systems and processes becomes clear. According to Deloitte’s latest Manufacturing Industry Outlook, the manufacturing industry is focused on finding “ways to make itself disruption-proof,” with 76% of manufacturing executives increasing their investments in digital initiatives to accomplish this.
All manufacturers experience disruptions to production. These can come in many forms, but traditionally manufacturers have focused on machine downtime as the primary culprit, attributed to machine maintenance and repair. As such, asset performance management is one of the highest impact, lowest disruption digital transformation initiatives that any organization can undertake.
According to McKinsey, when industrial manufacturers incorporate APM into their standard workflows, they typically improve productivity by 30 to 50 percent within eight to 12 weeks of deployment while simultaneously increasing on-time deliveries and unlocking additional capacity.
Industries that have the most to gain from advanced asset performance management include chemicals, energy, water plants, utilities, oil and gas production and refineries, food and beverage production, and pulp and paper.
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Chemical plants rely on continuous and batch production processes, each posing different requirements for a control system. A continuous process calls for a robust and stable control system that will not fail and cause the shutdown of a production line, whereas the emphasis with a batch process is on having a control system that allows great flexibility in making adjustments to formulas, procedures, and the like. Both kinds of systems need to be managed in available quality history of product, and to be able to execute non-routine operations. With its extensive product portfolio, experienced systems engineers, and global sales and service network, Yokogawa has a solution for every plant process.
Food & Beverage
In the food manufacturing industry, in addition to the conventional challenges of achieving both "ensuring food security and safety" and "cost reduction," ｍanufacturers are also working to cope with infectious diseases and labor saving.
YOKOGAWA supports ｍanufacturers to create comfortable workplaces by working closely, coping with challenges together, and proposing ideal factories suitable for operations.
Oil & Gas
Yokogawa has a wealth of experience in every part of the oil and gas business, from offshore and onshore facilities to pipelines, terminals, and deepwater operations. We provide solutions that enhance safety, ensure accurate and reliable operation, and increase plant efficiency.
Pulp & Paper
The paper and pulp industry is highly competitive and must meet ever-changing market needs. Yokogawa helps realize energy-efficient plants which are globally sustainable.
Water & Wastewater
Water resources are finite, and therefore contributing to a sustainable water cycle is one of the Sustainable Development Goals (SDGs). Yokogawa has been providing advanced digital control solutions for the stable supply of clean and safe water, wastewater treatment for protecting the water environment, water loss management and optimization of plant operation for reducing CO2 emissions and running costs. With our leading-edge technologies, dependable products and extensive expertise and experience of diverse water projects around the world, we work with you to provide sustainable water solutions that boost your business and add value throughout the plant lifecycle.
Yokogawa supports a wide range of water control applications in both the municipal and industrial water markets.
Related Products & Solutions
Asset Management and Integrity
Solutions that reduce maintenance costs and improve facility reliability and availability. We ensure that our customers can respond quickly to any business opportunities that may arise due to changes in market conditions.
Asset Performance Management
With the Asset Performance Management (APM) solution, an environment that enables cross-sectional analytics of the process data and asset data can be established. Yokogawa and KBC’s professional consultants can provide suitable suggestions for improvement from both business and production perspectives.