Enterprise Performance Management
Honeywell Forge for Industrial provides actionable recommendations, highlighted with potential economic impact for intelligent business and operations. The portable and extensible software solution uses process and asset digital twins, role based, and comprehensive analytics to enable top to bottom enterprise-wide visibility improving decision making and sustaining overall performance of the process, assets, people and safety.
- $7M annually from optimization recommendations
- $3M annually through energy savings
- $1.2M annually from process efficiencies
Honeywell Forge Process Reliability Advisor
Leveraging COP Process models with our extensive process experience, the Reliability Advisor evaluates your unit's performance to operate closer to constraints, and diagnose and mitigate issues. With this level of insight, you can improve process reliability — which means better production yields and equipment health, and other parts of your facility can operate with the greatest efficiency
Honeywell Forge Process Optimization Advisor
The Optimization Advisor rigorously simulates an entire complex of process units to determine the maximum profitability of the complex, given current constraints and market conditions. To reach the optimum performance, operational recommendations backed by CIOP expert analysis are provided to help you reach optimal performance and asset utilization
Honeywell Forge Profit Performance Monitor
Cloud-based performance monitoring enables collaboration to understand what is limiting APC from driving the unit to its best potential
Provide visibility into the economic consequences of plant process performance as cost of lost opportunity Ensure sustainable benefits over varying operating conditions, visualizing real time unit profitability
Honeywell Forge Asset Performance Management
Cloud-based digital twins drive real-time equipment performance modeling and predictive analytics
Integrated process and asset models reveal root cause of bottlenecks, identify new levels of untapped productivity, and uncover potential problems
Its integrated and collaborative operational model has achieved unprecedented continuity of operation. Codelco has fine-tuned production, improved the use and availability of equipment and systems, lowered costs, and significantly improved the productivity of their teams
Leveraging cloud-based analytic technologies, a Honeywell internal initiative boosted productivity of machinery and processes running within its Performance Materials and Technologies (PMT) division. The pilot program proved successful beyond expectations, having increased machine uptime as expected, yet doing so quicker than expected over a 6-month period.
Retiring knowledge leaves you needing to do more with less staff Digital Twin technology can help with embedded expert knowledge to make more assets smarter
The Industrial Internet of Things (IloT) promises to be most disruptive influence on automation systems since the advent of the microprocessor-based DCS
Are you ready?
The challenge today is going beyond conventional monitoring to find the right balance between asset availability and performance for better productivity.