New data and analytic solutions are making possible predictive asset management that can dramatically reduce the bottom-line damage caused by unplanned downtime. GE Predictivity offers early insights into potential equipment failure so proactive maintenance can be applied.
1. Aviation
The Power of GE Predictivity™
No Unplanned Downtime
New data and analytic solutions are making possible predictive
asset management that can dramatically reduce the bottom-line
damage caused by unplanned downtime. Predictivity offers early
insights into potential equipment failure so proactive maintenance
can be applied.
Lost production
usually occurs
Lost
production
Slowed
deliveries
Workforce
downtime
A poorly maintained
concentrator increases
energy & maintenance costs
Increased
inventory &
labor costs
Lost
production
Additional
maintenance
cycles
Oil & Gas
Mining
Food Manufacturing
Water & Process
Technologies
Power Generation
Turbine Engine
Predictive
maintenance
can reduce
inventory by
Cost of repairs for
unplanned events
= 10 x planned
maintenance costs
Interrupted
production
Capital asset
replacement
Improve
overall
equipment
effectiveness by
10x
$8MM
annually
Productivity
improvement
per concentrator
$2MM
annually
Repair cost
savings
depending
on ore mined
On-time
performance
Customer
satisfaction
Effective workforce
& reduced
maintenance costs
Impact of Unplanned Downtime
Impact of Unplanned Downtime
Decrease in
workforce
productivity
Added
maintenance
costs
Air turnbacks
are costly
Maximize
production
Predictable
delivery
Lower
maintenance
costs
Benefits of
Predictive
Maintenance
Rail
Lost locomotive
availability &
crew costs
Network
congestion &
mission failures
RPM
ON OFF
0 3500
GHG
+-
FUEL
Impact of Unplanned Downtime
Improved network
velocity & capacity
Lower maintenance cost &
improved availability & utilization
RPM
ON OFF
0 3500
GHG
+-
FUEL
Benefits of Predictive Maintenance
Impact of Unplanned Downtime
A breakdown in the packaging
line results in delayed delivery
and revenue impact
Benefits of
Predictive
Maintenance
Reduced
energy cost
per unit
Reduced
maintenance
Reduced
labor cost
Impact of Unplanned Downtime
Impact of Unplanned Downtime
Impact of Unplanned Downtime
Benefits of Predictive Maintenance
Benefits of Predictive Maintenance
Identifying parts that are
starting to degrade can
prevent sudden downtime
$45MM per dayAirline industry maintenance
cost for delays & cancellations
Each week a well is out of
commission offshore, operators
experience revenue losses of:
$7MM per well
per week
For a utility, with average spark
spread of $13.15/mwhr &
production capacity of 170 mw,
the lost op profit opportunity is:
$45K per day
Lost
production
Lower maintenance cost &
improved availability & utilization
Loss per cancellation
or diversion $25K - $100K
$800K per day
in lost profit for a refinery
processing 200,000 barrels
per day of crude
Extended
production
runs
Minimized cost for
cleaning & repairs
Loss
per delay $6K - $8K
Average Annual cost for a
mid-sized LNG facility due
to Unplanned Downtime is:
$150 MM
Loss per
locomotive
per year
Customer
order
fulfillment
misses
$150K
$400MM per year
in reliability costs due to mainline
failures and excess fleet needed
for Class 1 railroad with an average
number of locomotives
Increased profitability
Lower energy & maintenance cost
Increased stability
Benefits of Predictive Maintenance
Benefits of Predictive Maintenance
Lost revenue per refinery:
$1MM per day
30%15%