Cloud-based OpreX Asset Health Insights Service Released by Yokogawa

Yokogawa Electric Corporation announced the release of the OpreX Asset Health Insights. A new addition to the OpreX Asset Management and Integrity family, Asset Health Insights is a cloud-based plant asset monitoring service that collects, refines, and aggregates operational technology (OT) data from distributed assets. The service offers a real-time connection with assets from anywhere in the world, giving organizations a 360-degree view of operational assets that eases the task of asset management and increases both operational and business efficiency.

Asset Health Insights is supported by an out-of-the-box framework for data enablement that will help improve the health and extend the lifecycle of any asset by monitoring its performance in real-time, making it possible to predict and proactively respond to events before they can happen. The service allows customers to easily model and manage data based on the plant hierarchy defined in the ISA-95 standard. Asset Health Insights is powered by Yokogawa Cloud and is equipped with artificial intelligence (AI)-machine learning (ML) analytics capability.

Features of the new service include as follows: 

• Monitors any asset type: Asset Health Insights can monitor any type of asset, from sensors to pumps, chillers, compressors, turbines, and more. The service will connect to newer and older types of sensors, including those used for pressure, flow, temperature, and vibration.
• Combines real-time and/or historical asset data with AI/ML: The combination of real-time asset data and AI/ML helps to predict future events, so advance planning can be done to minimize unnecessary maintenance. It also uses real-time and historical benchmark data to predict signs of failure and suggest its cause.
• 360-degree view of operational assets: Asset Health Insights utilizes siloed asset data with a unified model that shares information in real-time and examines each asset and situation for multiple purposes, such as energy, asset performance, and maintenance optimization. With an intuitive interface, the dashboard can present a variety of real-time data from any asset. 
• Easy, flexible deployment, and simple setup: Prebuilt integration templates and an intuitive dashboard allow for a quick and simple setup that is infrastructure agnostic. When combined with a module-based business model, this makes for faster development, improved scalability, and easier integration with enterprise applications.

Major targeted markets include oil and gas, petrochemicals, chemicals, iron and steel, pulp and paper, electric power, and wastewater treatment.