Introduction:
Complex operational failures require a new level of precision and depth in diagnostics. Aventus AI’s AI-driven root cause analysis solution combines multi-physics simulation, multi-modal AI, and structured methodologies to uncover, analyse, and resolve failures, ensuring operational reliability.
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Industry Application
- Sector: Energy, Manufacturing, Infrastructure, Oil & Gas.
- Use Case: Tackling failure scenarios with advanced diagnostics and validated solutions.
The Challenge
- Identifying the root cause of failures is difficult with traditional methods that lack precision.
- Existing tools cannot adequately analyse complex interactions across multi-variable datasets.
- Ineffective remediation strategies lead to recurring failures and operational inefficiencies.
Global Market Opportunity
- The global failure analysis market is projected to reach $9 billion by 2030, as industries increasingly adopt advanced diagnostics and predictive technologies to prevent disruptions.
Solution
Aventus AI’s AI-Driven Root Cause Analysis Includes:
- Multi-Modal AI for Insights Extraction:
- Uses AI to analyse historical data, test results, inspection records, and IoT data streams.
- 3D Asset Capture for Diagnostics:
- High-resolution photogrammetry and IoT-enabled 3D scanning for detailed damage visualisation.
- Multi-Physics Simulations:
- Tests failure hypotheses using historical and real-time data for precise diagnostics.
- Remediation Validation:
- Simulates proposed solutions to ensure effectiveness before implementation.
Key Methodologies and Partnerships:
- FRACAS Framework: For structured failure reporting and corrective actions.
- DMAIC Methodology: For defining, measuring, analysing, improving, and controlling failure modes.
- Collaborations with IoT providers and simulation experts for comprehensive diagnostics.
Execution Plan
- Define and Measure:
- Identify failure incidents and collect relevant data streams using IoT sensors and archives.
- Analyze:
- Deploy AI to extract insights from historical records and run multi-physics simulations to test hypotheses.
- Improve:
- Develop and validate remediation strategies using advanced simulation tools.
- Control:
- Implement proven solutions and update operational protocols to prevent recurrence.
Return on Investment (ROI)
- 40% Reduction in downtime through rapid and accurate diagnostics.
- Improved asset reliability with validated solutions, minimising failure recurrence rates.
- Long-term cost savings via optimised designs and operational protocols.
Regulatory Standards
- ISO 55001: Asset management standards.
- API RP 579: Fitness-for-service analysis guidelines.
- IEC 61508: Functional safety standards.
Outcome
- Comprehensive root cause analysis integrating historical insights, IoT data, and simulations.
- Validated remediation strategies ensuring reliability and compliance.
- Enhanced operational efficiency with reduced maintenance costs.
Turn failure into insight and action with Aventus AI—Contact us today.