Asset management in a process control system
US10943195B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Mar 20, 2015 |
| Grant date | Mar 9, 2021 |
| Priority date | — |
| Expiry date | Dec 30, 2037 |
Classification
- Technology area (CPC Y)Emerging Cross-Sectional Technologies
- CPC primaryY02P90/80
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system for improving production of a process control system comprises a processor, sensors connected to one or more assets in the process control system, human-machine interfaces, and a storage memory storing instructions for execution on the processor. The system receives process data via the sensors and determines an input cost of the one or more assets and an output value of the one or more assets. The system provides a net production value of the one or more assets based on the determined input cost and output value. The system stores the input cost, output value, and net production value on a storage memory and provides the input cost, output value, and net production value along with critical asset performance information of asset value, asset performance and opportunity costs for each asset and asset set in the operation to a user via the human-machine interfaces.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.