Empowering Energy Engineers with Advanced Industrial Analytics Industrial Energy Savings Often Unobserved by Energy Auditors
by Carson Drake, Co-Founder & Vice President at GrayMatter, Erik Udstuen, Co-Founder & CEO at TwinThread and Gary Peterson, Senior Consultant at GrayMatter
Wednesday, September 2, 2020 | 2:00-3:00pm (EDT)
Advanced Industrial Analytics super-charges the existing human expertise in the boardroom, manufacturing plant, and commercial facility.
It can answer a question no one thought to ask, or offer an early alert regarding energy efficiency anomalies and consumption, or maybe a pressure reading that could become a ruptured tank if a certain piece of equipment should have not been turned off.
It's about finding warning signs, plotting trends, and using a "virtual space" to dig into real-world problems.
When remote work became the new normal, advanced Industrial Analytics moved to the top of the priority list.
During this presentation, Erik and Carson will discuss how advanced Industrial Analytics technology and strategy can minimize material waste, reduce operational costs and energy consumption.
Topics covered include:
Meeting Your Concerns
- Are you trying to manage energy and resource consumption?
- Are you trying to improve product quality?
- Is equipment downtime is a challenge?
Making Predictions with Machine Learning
- Choosing the right combination of existing data points at this stage will identify the appropriate mathematical model – a machine learning algorithm – and then fine-tune it as raw data begins flowing through it.
- If you can't connect your real-time data to actions in the facility, what use is it?
Carson and Erik will also share real-time examples of how companies are using Advanced industrial Analytics to reduce energy usage and related variability and provide a multitude of savings streams to support future innovation.
A seasoned MES and Manufacturing Intelligence expert, Carson Drake has been combining Industrial Intelligence best practices with emerging technology to solve complex business problems for over 25 years.
An Industrial Intelligence expert and former GE Digital executive, Erik Udstuen co-founded TwinThread, the world's first Digital Innovation Platform that brings together process experts, equipment experts, and data experts in a unique way to rapidly create, validate, and monetize Industrial Internet applications.
Gary has been introducing disruptive technologies in the energy space for almost 30 years. He is instrumental in developing creative energy solutions that deliver business and operational results.