Unplanned Downtime:
A multimillion-dollar business problem
The biggest driver of lost revenue for industrial businesses is unforeseen production downtime.. More than 80% of manufacturing companies have experienced unplanned downtime at least once, leading to significantly large missed revenues. According to the recent American Productivity and Quality Center (APQC) estimates, unplanned downtime accounts for a loss of anywhere from 40¢ to $1.20 on every $20 in revenue.
Clearly, the traditional reactive approach and schedule-based maintenance methods followed by the companies haven’t been able to foresee surprise downtime occurrence. Absence of insights into asset health and performance continue to negatively impact asset availability, production loss and unnecessary repairs.
Leveraging AI/ML technologies for proactive maintenance can enable businesses to monitor critical operating assets, effectively diagnose the root-causes of variations and anomalies, and ensure that the teams are fixing the right problem.
Avertle®: Extend Useful Life of your Assets with AI based Diagnostics and Prognostics
Avertle® is a best-in-class end-to-end predictive maintenance solution that employs machine learning and artificial intelligence principles to monitor the real-time health of the assets and proactively notify stakeholders about performance, potential failure and remaining useful life of their critical assets.
Avertle® provides actionable insights on type of fault occurrence/health of an asset on a near-real-time basis, thereby improving asset availability and reliability while reducing maintenance costs and production losses.
Over the last 18 months we have done 150+ Avertle® installations for 35+ equipment types in varied industry segments across 15+ global customers.
A robust Edge hardware with high speed real-time data capture and multiple I/Os that can input data from analog as well as digital sensors
AI Edge analytics models for earlier detection of Faults
LTTS Proprietary Hybrid Modelling Approach for performance and life prediction using simulated dataset
Fault Signature Libraries for 35 + Asset Class like Electric Motors, Chillers, Diesel generators, HVAC
User-friendly dashboards and visualization application with widget-based architecture
Avertle's Attributes
Avertle® comes with an industrial-grade custom-built Edge gateway, analytics component, intuitive dashboards, and AI/ML algorithms for assets. We cover all aspects of the data-to-decision value chain to deliver a true single turn-key offering for your assets in line with particular needs.
Avertle® Edge device with embedded AI/ML models ensures asset’s critical parameter data is sampled using sensors at higher frequency (min 10 KHz) and is filtered and pre-processed to identify potential faults quickly and near the asset itself. The modular architecture enables Avertle® Edge device to be deployed quickly across multi-industry/multi-equipment use cases with minimal customization.
LTTS’ proprietary Hybrid Modeling approach combines Physics-based digital twin approach and simulated data testing models. The Hybrid Modeling approach draws knowledge from our decades rich engineering experience of designing these equipment and machines for customers across the globe. The data models come with pre-built fault signature libraries that can be quickly tuned for your specific asset and operating conditions in the field.
Avertle® enables the teams to act ahead of any fault occurrence. The user-friendly dashboards and Cloud agnostic visualization with widget-based architecture provides holistic view of assets at various levels of hierarchy. Support on multiple platforms like Desktop, Laptop, Mobile, Tablet and HMI ensures 24X7 remote monitoring, no matter where you are. Notifications/alarms to field personnel, plant management and business management for critical events allows transparent decision making at all levels.
- Actionable Insights from your Asset Data
- AI on Edge for Faster Identification of Irregularities
- Hybrid Modeling: No Data Latency, No Misses
- Enabling Decision Making with Asset Data
How Avertle® can help your Business?
Improved Uptime & Availability
Improved asset uptime and availability by 15 to 30%.
Improved production efficiency.
Reduced Operational Costs
Reduction of Overall maintenance costs by 20%.
Reduction in unplanned downtime and reactive maintenance costs
Better Quality Control
Improved Safety
Optimized Asset Performance
How can we help you scale-up pdm?
High Scalability
LTTS’ Avertle® Edge gateway comes with modular architecture/design for faster delivery and multi-site scalability across industry segments
Reduced
Infrastructure Costs
High-resolution data from sensors is processed on the Edge itself, sending only required data to the server (Cloud/On-premise)
Enhanced Security
AES128/256, end-to-end data security at Edge device with LTTS’ security practices to ensure another security layer to the network
Success Stories
Resources
Avertle® Predictive Maintenance Solution - LTTS’ Avertle® is a predictive maintenance solution which comes with an Industrial-Grade Custom-built Edge gateway, analytics component, intuitive dashboards, and AI/ML algorithms for assets
Datacenter Health Monitoring - Unplanned downtime of power & environmental equipment is a major issue of concern for datacenters, resulting in millions of dollars of lost revenue
Predictive Analytics for the New Smart Era - Our ingenious Avertle® solution helps you identify and resolve machine problems long before they actually occur.