Mining IIoT webinar this week will emphasize IIoW
We hope you will join us on Wednesday to discuss IIoT and Remote O&M in mining. Many flow and treat companies have IIoT products. Companies such as Eaton, Evoqua, Grundfos, and Emerson have a huge reservoir of mining knowledge. IIoW will provide the intercommunication opportunities to truly take advantage of the synergy potential in multi divisional companies. At the most basic there is the communication between Eaton wireless and Eaton Filtration to maximize the value of remote filter health monitoring. The highest-level knowledge about every large mining operation (technology, sales opportunities, contacts) is shared by a bottoms up IIoW system. To register for the webinar Wednesday, click on: Weekly IIoT Webinars
Combine the IIoT report with your other market report subscriptions. A Howden mine ventilation fan generates lifetime revenues of X. The Howden SmartEXECTM system with software, monitoring and remote control of fan operations generates a lifetime revenue of 10X. The potential of IIoT is so large that anyone evaluating the pump, valve, filter, separator, scrubber or other flow and treat opportunities will want to consider the combined equipment and IIoT potential If you subscribe to one of the Mcilvaine market reports you can obtain a big discount for a subscription to N031 Industrial IOT and Remote O&M.
Big growth for U.S. oil and gas flow and treat. U.S. oil and gas production is surging. The U.S. can produce oil from shale and break even at $20/barrel. At $3/mm btu shale gas is a profit generator. With the expansion of LNG export terminals, the U.S. LNG exports will be significant. The flow and treat equipment and service revenue per barrel of tight oil is far greater than for conventional oil. Shale derived gas flow and treat revenues are an order of magnitude greater than that generated by conventional extraction.
Part of the lower cost of is the improvement in flow and treat equipment and services. Pump and valve improvements have been significant. Purification and reuse of fracking water is now more cost effective thanks to the use of filter presses by Evoqua to cleanup the water initially used to purify the frac sand and then cleanup of the frac flow back after use.
Quick answers from Mcilvaine. If you click on Quick Search from www.mcilvainecompany.com you can search by any word. Our Global Decisions Orchard is an intelligence system with a very useful structured search system. One option is just to see the latest entries which is found under Title Here are the first few entries:
• McIlvaine Insights Issue 15, May 17, 2017 (Insights Dated: 5/17/2017)
• McIlvaine Insights Issue 14, May 9, 2017 (Insights Dated: 5/9/2017)
• IIoT will radically change the valve market (Article Dated: 5/9/2017)
• Innovative Valve Technologies for Liquefaction Plants (Article Dated: 5/8/2017)
• Push-Through Knife Gates vs Guided Shear Gates in Mineral Processing (Article Dated: 5/8/2017)
• Complete valve solutions for the Delayed Coker industry (Article Dated: 5/8/2017)
• Effects of Aging and Service Wear on Main Steam Isolation Valves and Valve Operators (Article Dated: 5/8/2017)
• Getting Reliable Turbine Bypass System Performance in Cycling Power Plants (Article Dated: 5/8/2017)
• African nickel mine improves thickener output with Solenis flocculant (Article Dated: 5/3/2017
The Mining IIoT and Remote O&M Outlay in 2017 will be $11 billion rising to $56 billion by 2030
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.
Companies such as Andritz, Evoqua and Xylem have a unique opportunity to leverage the technology of multiple divisions to focus on mining. Evoqua has hundreds of relevant products. Xylem and Andritz have at least dozens. Xylem has the further advantage of extensive acquisitions of companies making monitors and sensors.
The challenge and the opportunity of IIoT is to interconnect all these technologies for synergistic operation of each. The better the sensors the better the potential for synergistic operation.
The Industrial Internet of Wisdom (IIoW) will empower mining IIoT for maximum benefit. This is easier said than done. When the valve starts to leak, the solution may be obvious but a comprehensive interconnection system to all the niche experts is needed. For the most challenging problems there may only be a handful of people to provide an immediate answer. If they can be utilized it may save lots of time and expense.
For more information on N031 Industrial IOT and Remote O&M.