Industry 4.0 based Condition Monitoring Solution for Subsea Field Assets

Industry 4.0 based Condition Monitoring Solution for Subsea Field Assets

Client

The world’s leading Oil Field Services company, headquartered in the US.

Problem Statement

The client faced productivity loss due to unplanned downtime of plant assets, no visibility for operators to monitor plant-wide asset health leading to operational risk, non-intuitive and non-configurable HMI, etc.

Benefits Achieved

Proactive insights on asset health using AI/ML based forecasting and predictive algorithms leading to 8-10% reduction in unscheduled maintenance time and 10% reduction in maintenance cost alongside many more benefits.

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