Why Monitor Critical Electrical Assets?
Critical electrical assets finally being treated as critical.
Electrical power is the life blood of most industrial processes and operations, yet for years core power distribution infrastructure has not seen the same investments into automation and connectivity as the processes they power. Today, periodic inspections of equipment provide little more than a snapshot in time, leaving these assets unmonitored for the vast majority of their operation life. When assets go unmonitored, small issues can and do cascade into major failures.
The vast majority of plant electrical assets deployed today are at or over their typical life expectancy, and less than 5% of electrical assets have any form of digital monitoring. The leading cause of power outages is critical asset failure, and the resulting unplanned outage can cost industrial plants $500,000 per event. With an ROI of under twelve months, it is not surprising that there is a significant increase in the digitization and monitoring of power delivery assets. Emerson is hear to help.