Name
Generating value with advanced analytics - example "CEMEX", deep dive with Martin Straubinger, Produkt Support Engineer and Christine Wehrsig, Account Manager OSIsoft
Date & Time
Thursday, June 7, 2018, 2:15 PM - 2:45 PM
Christine Wehrsig
Description
With the example of company "Cemex" we show you about the impact of advanced analytics. In the past, extracting and gathering data for reports from all of CEMEX’s plants could take 744 hours, but now the process takes five minutes. Meanwhile, data preparation has been reduced from three days per month to one minute. Industrial Analytics is the buzz of the day. Big data, data lakes, machine learning and artificial intelligence are offering the allure of new insights and answers to efficiencies.  However sometimes the first big win comes from a small improvement and the data your already own.  Learn how you can break down seemingly complex big data problems into a manageable sequence of steps with the PI System.  Even without waiting for completion of a full-blown statistical model, your operational experts can often spot anomalous patterns with little more than a few events captured by PI System event frames and compiled in a report.