Invention Grant
- Patent Title: Asset management in a process control system
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Application No.: US14664511Application Date: 2015-03-20
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Publication No.: US10943195B2Publication Date: 2021-03-09
- Inventor: Peter G. Martin , Trevor Cusworth
- Applicant: Invensys Systems, Inc.
- Applicant Address: US MA Foxboro
- Assignee: Invensys Systems, Inc.
- Current Assignee: Invensys Systems, Inc.
- Current Assignee Address: US MA Foxboro
- Agency: Stinson LLP
- Main IPC: G06Q10/06
- IPC: G06Q10/06

Abstract:
A system for improving production of a process control system comprises a processor, sensors connected to one or more assets in the process control system, human-machine interfaces, and a storage memory storing instructions for execution on the processor. The system receives process data via the sensors and determines an input cost of the one or more assets and an output value of the one or more assets. The system provides a net production value of the one or more assets based on the determined input cost and output value. The system stores the input cost, output value, and net production value on a storage memory and provides the input cost, output value, and net production value along with critical asset performance information of asset value, asset performance and opportunity costs for each asset and asset set in the operation to a user via the human-machine interfaces.
Public/Granted literature
- US20160275426A1 ASSET MANAGEMENT IN A PROCESS CONTROL SYSTEM Public/Granted day:2016-09-22
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