Tuesday, April 22, 2014

Counting the Cost: Not Having the Data (PART 1)


When I buy a product, I always stop and consider the cost; is it worth the price I’m paying for it? Do I really need it? Will it stand up to other products out there? Many companies have the same or similar questions about data collection and the historians on the market today. Questions like: “Is it worth the price?” Or even, “Do I even need to collect data at all?” These are all viable questions but there is one more you need to consider: What is it costing me by NOT having the data? The answer is, a lot. 


Having the Data provides:
- Faster Solutions
- Accurate Reporting

Data helps prevent or reduce:

- Downtime
- Fines
- A Wrong Diagnosis of a Problem

You can record vast amounts of data: machine pressures, humidity, and quantity… the list goes on and on. Keeping track of all this data is difficult but necessary. When a piece of equipment breaks down, the simple fact is that it costs the company money; sometimes thousands of dollars per hour. Most times, trial and error are used to solve the solution, but this can take a lot of time out of the day. If you have the time series data in your hands, you are able to quickly determine what went wrong based on what the data tells you. A drop in pressure will tell you what went wrong and when it happened.

Sometimes the inspectors require reports; in these cases a company needs reports that are accurate, otherwise fines might be inflicted. When there is no data, there is no report. In these cases a fine is more than likely. But with accurate data reports, a fine might be lessened or even eliminated completely.  Knowing what actually took place gives a company better credibility with an inspector.

In short, there is a lot that could go wrong. The software might be faulty. The pressures might be awry. The equipment might be broke or the operator just might need better training. Whatever the problem is, it helps to know the problem. Sometimes basing the solution off of a gut feeling doesn’t solve the problem. It is better to have the answer right in front of you instead of playing a game of Russian roulette.

If you don’t know the problem, you won’t be able to find the solution.

Data can also help in other areas of your company such as decision making and planning, but I’ll save that for my next post.

Thursday, April 10, 2014

The Big Need for Big Data

The need for data may not seem large, but this is in fact a growing need in the industrial world. We want to know how to make our machines more efficient. We want to see a timeline of pressures and output. We want to know how to prevent problems from occurring. But most importantly, we want to know how to save money. These are needs that many industries face today and big data is the solution. Some of these industries are Gas and Oil, Industrial Automation and Energy Production and Distribution. 

oil and gas
The Oil and Gas Industry
Currently, one of the industries we are most involved in is the Oil and Gas industry. There are many options that we offer to these companies that have helped to reduce company costs by providing solutions that once were a major problems that companies had to face. Canary Labs provides solutions to such problems and makes the transition easy for the company so as not to disrupt daily flow.  

Industrial Automation is another industry that can benefit from the collection of data. When companies have this option it allows them to improve information flow. It also increases corporation knowledge so that future decisions can be made quickly and easily. Efficiency is also improved because having a timeline of all the data in front of you, highlights areas that need improvement. This educates you giving you resources you never had before.  Having all the information makes life easier on you.  

Another industry that finds the collection of data very useful is that of the energy industry. Many energy companies use our product as a means to measure energy production. Some of our software is used in wind turbines across the country. This real-time visibility and analytics are also useful in viewing distribution, consumption and maintenance management. All the while helping to lower operation costs.

These are just a few of the industries we are currently involved in. Some of the other industries are Water and Wastewater, Pipelines, Refineries, and Chemical plants. To see a full list of the industries we service visit our Industries page.*

*If your company’s industry isn’t listed, yet you feel like data collection might be a great benefit, call us at 814-793-3770 or email us at estern@canarylabs.com