Insights of the Week

May 24 IIoT and Remote O&M in Mining Webinar

This webinar will cover the rapidly growing market for products and services to provide IIoT and Remote O&M to the mining industry. The IIoT and Remote O&M outlay in 2017 will be $11 billion rising to $56 billion by 2030.

Presently many mining trucks are automated and remotely controlled. By 2030 many of the processes to separate and beneficiate the ores will also be operated remotely.  The incentive is high due the remote locations and harsh conditions encountered at many mining sites.

Mining companies now spend $25 billion for treatment chemicals.  Twenty percent of these expenditures are in reality purchases of knowledge from the chemicals suppliers This revenue from the Industrial Internet of Wisdom is considered to be part of the IIoT and Remote O&M opportunity.

The mining industry is looking to IIoT and Remote O&M for safety improvements. Manual measurements of oxygen and hazardous gases will give way to highly automated systems which also control ventilation fans to minimize energy consumption while maintaining safe levels of hazardous gases. 

Monitoring and control of the tailings storage minimizes the risk of a breach. The grinding and flotation circuits for some plants are monitored by FLSmidth from a remote monitoring center in Denmark.  They have also introduced a gain sharing program. A bonus is paid when costs are below the targeted level.

To register for this webinar click on: Weekly IIoT Webinars

Weekly Utility E Alert covers coal fired power plant activities in every country.

Here are the Asian Coal headlines from one week in the Utility E-Alert

.      MET Licensee wins DFGD Award in Korea

.        Moorburg Coal-fired Power Plant (Germany) faces expensive operational change

.         Pakistan ramps up Coal Power with Chinese-backed Plants

.         BHEL commissions Two Units at Maharashtra Thermal Power Project

.         Maharashtra to replace Old Thermal Plants with Supercritical One

.         GE signs Sales Agreement for 135 MW Coal-fired Power Plant

.         Status of Coal-fired Power Plants

For more information click on: Utility E-Alert

Leveraging IIoW along with IIoT

A company which understands how its products meet not only the challenges of existing processes but how it can help customers develop better processes stands to make three times the profits of a company which just supplies commodity products and does not understand the customer needs. In the IIoT era, the Industrial Internet of Wisdom (IIoW) will be very important.

Here is the profit potential based on the process knowledge level of the supplier.

Customers will pay more to the product supplier to achieve

• Product quality improvement
• Production increases
• Sustainability improvement
  • Safety
  • Environmental stewardship
• Cost reduction
  •  Reduce operating labor
  •  Reduce maintenance

McIlvaine's IIoT & Remote O&M will help you identify the opportunities in this fast-growing market and will also provide insights on how to leverage wisdom for greater profits. The success of IIoT depends on the creation of an Industrial Internet of Wisdom (IIoW).  The creation of vast amounts of actionable data will be valuable only to the extent that wisdom is organized. For each tier in IIoT there is a complimentary tier in IIoW.

The reality is that knowledge is increasing at geometric rates but the systems in use to employ it are very inadequate.  The same approach used to create IIoT is needed for IIoW.

Here are some examples

• Tee Mariga made a presentation in the Treatment Chemicals webinar on May 4. He explained that he found out about a problem at the Pueblo, CO wastewater treatment plant in one of the McIlvaine's bi weekly wastewater treatment plant updates. Kemira treatment chemicals have now solved the problem.  The YouTube version of this webinar is shown at https://youtu.be/YD5C93c6ujw

• A website has been created for all 200 power and compressor stations owned by BHE.  it is an IIoT beta site. Nine hours of recorded webinars resulted in valuable wise crowd decisions for NOx reduction at two Utah power plants 4S01 Berkshire Hathaway Energy Supplier and Utility Connect

• A recent gas turbine update covers the serious problems encountered with attemperators and the whole steam cycle in fast cycling HRSGS. Remote monitoring of the drain lines is one of the solutions  See Example

For more information on the IIoT service click on: N031 Industrial IOT and Remote O&M

This is the foundation report for many support services which can be provided.  They are explained at:

o   Markets

o   Databases

o   People

o   Other

o   Decisions