The Veros System provides a breakthrough software solution that uses non-invasive monitors to continuously monitor electrically powered rotating assets. It analyzes electrical waveform data using predictive analytics to detect emerging problems early, maximize asset reliability, improve efficiency, and ensure energy sustainability. Less than 1% of assets are currently continuously monitored, but the Veros System provides an affordable, easy to deploy solution to monitor the overwhelming majority of critical assets for the first time.
2. the Veros vision
Bring to market a breakthrough software technology solution
the will become the industry standard for the management
of the health of all electrically powered rotating assets to
maximize asset reliability, improve efficiency and ensure
energy sustainability
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3. electrically powered assets – industrial
1
Outnumber People by 10:1
Oil & Gas
Power Generation Mining
Less than 1% are Continuously Monitored
Manufacturing – Smart Grid
Discrete
Manufacturing –
Continuous
¹Harbor Research, http://www.harborresearch.com
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4. the problem
No visibility of what is happening inside the overwhelming majority of mission critical
electrically driven assets. Catastrophe is just around the corner
Major negative impact on productivity and financial performance
1. Globally over 50 million industrial electric motors and power trains.
2. Less than 1% are continuously monitored or measured.
3. They consume over 60% of the world’s electricity.
4. Failures cost US Industry $3 Trillion annually in lost production and repair costs.
5. A failure in one asset in the Oil & Gas Industry can cost over $3M a day.
6. A 1% power efficiency degradation in ONE large motor - $10,000/year
Why is this so?
No cost effective and easily deployable technology has existed until now!
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5. keys to good asset health & reliability
• Early detection of emerging problems in the motor and driven
load (both electrical and mechanical
• Measurement of motor efficiency and energy consumption
• Fast and accurate diagnoses
• Timely action to prevent failure
• Route cause analysis to detect failure patterns
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