Intelligent CIO Middle East Issue 94 | Page 52

FEATURE : DATA ANALYTICS
Soham Chokshi , CEO and Co-Founder Shipsy
Real life
Availability of data combined with predictive analytics has provided ample opportunity to gain valuable insights and improve maintenance efficiency .
Aspentech experts have designed predictive and prescriptive maintenance solutions with user-friendly features and capabilities for quick implementation and sustained adoption .
“ Embedded with domain expertise , it simplifies complex engineering and data science tasks , ensuring ease of deployment ,” says Pratibha Pillalamarri , Senior Product Marketing Manager , at AspenTech .
The solution includes prescriptive guidance and mitigation strategies for equipment issues . Asset health interface ensures continuous monitoring and alert management , while bidirectional integration captures invaluable tribal knowledge .
The customisable dashboards with drill-down features provide real-time insights , helping with issue comprehension and prioritisation .
The solution maximises asset utilisation , directly aligning with profitability and sustainability objectives across the board .
Early and accurate equipment issue prediction prevents degradation and unplanned outages , ensuring business continuity to meet production goals . This approach minimises resource wastage , including energy , materials , and manpower .
The added benefit of averting safety and environmental risks is significant . Financially , it
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