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.
Profit Potential as a Function of the Knowledge Level of a Process
Knowledge Level $ of profit/unit Increase in # of Units Sold Opportunity for New
Product Growth Consulting/Training
Evolving Processes 3 1.3 1.3 3
Existing Processes 2 1.2 1.2 3
Task Based Knowledge 1.5 1.1 1.1 2
Commodity Products 1 1 1 1
Customers will pay more to the product supplier to achieve:
• Product quality improvement
• Production increases
• Sustainability improvement
o Safety
o Environmental stewardship
• Cost reduction
o Reduce operating labor
o 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.
IIoW and IIoT Tiers
IIoT IIoW
Smart Components White papers and
actionable data
Sensors Convert papers to accessible electronic format
Edge Computers Organize and display the data
Cloud Integration Interconnection of multiple disciplines and elimination of
silos
Data Analytics Wise crowd decisions, and niche expertise
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.
Tools for Success
IIoT IIoW Mcilvaine Contributions
Protocols Decisive Classification of Terms Product classifications for all flow
and treat categories, numerical identifier for all players including Chinese
companies, expand NAICS with sub classifications
Alarm Software Alerts McIlvaine has more than 20 weekly and monthly alerts and
updates.
Open Platforms Gathering and organizing available information Coal fired Power
Plant Decisions, Gas Turbine and Combined Cycle Plant Decisions, FGD,
Precipitator, and Fabric Filter Knowledge Systems plus less extensive systems
for other flow and treat categories. A number of Valve Decision Guides are
available
Data Analytics Software Total cost of ownership evaluations, development of
niche experts McIlvaine prepares white papers: e.g. one for Cardinal Health
included a new metric to measure all harm and good. An embryonic niche expert
program has been established.
Subject Matter Expertise Interconnection of all those with relevant insights
McIlvaine market reports including IIoT and Remote O&M guide suppliers. The BHE
Energy Supplier Connect program is a model for future interconnection
initiatives. The OEM Networking Directory, End User Directory, Utility People
and other directories identify the players
Here are some examples
o 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
o 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
o 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