ABB offers new solution to help oil, gas and chemical decision makers extract meaningful insight from equipment condition data

ABB Ability™ AssetInsight gathers siloed data collected from equipment, transforming it into valuable information that can be acted upon and shared across the organization.

The new ABB Ability™ AssetInsight gives oil, gas and chemicals decision makers a clearer, real-time picture of the health of their operating equipment via a web browser. It enables operators and supervisors to prioritize actions so they can better plan maintenance and operations strategies, with the goal of moving toward a more cost-effective predictive maintenance strategy.

Unlike other solutions that are limited to specific equipment or its components, ABB Ability™ AssetInsight gathers information from disparate systems across disciplines - from devices and instrumentation to automation to IT - to provide one aggregated view of condition status on a system-wide level.

"What's unique about ABB Ability™ AssetInsight is that it provides easy, secure access to data on any browser on a customer's office network," says Tone Grete Graven, ABB Ability™ AssetInsight product manager. "This helps foster collaborative problem solving and information sharing so everyone throughout an organization can stay up to date, no matter if they're in the control room or working remotely."

Managers and directors can benefit from clear insight into equipment condition for resource or financial planning purposes. Maintenance and service personnel can begin transitioning to a predictive maintenance strategy for all critical assets.

"Transitioning to condition-based maintenance is a big benefit for producers," says Graven. "By taking a predictive approach, rather than preventive, producers can optimize operations, reduce risk and cut costs. ABB Ability™ AssetInsight can be an important step to enabling that approach."

Additionally, because ABB Ability™ AssetInsight is a modular solution, it supports a step-wise roll out of functionality as well as easy upgrades of individual components. It's built to integrate with existing systems and tools, and by combining AssetInsight with ABB Ability™ System 800xA Asset Optimization, customers get a complete multidisciplinary condition monitoring system for keeping track of their assets.

ABB Industrial Automation ABB’s Industrial Automation business offers a broad range of products, systems and solutions for customers in the process and hybrid industries. These include industry-specific integrated automation, electrification and digital solutions, control technologies, software and lifecycle services, as well as measurement and analytics, marine and turbocharging offerings. ABB’s Industrial Automation business is #2 in the market globally. With deep domain knowledge, experience and expertise, ABB Industrial Automation helps customers increase their competitiveness, improve their return on investment and run safe, smart and sustainable operations. 

ABB (ABBN: SIX Swiss Ex) is a technology leader that is driving the digital transformation of industries. With a history of innovation spanning more than 130 years, ABB has four customer- focused, globally leading businesses: Electrification, Industrial Automation, Motion, and Robotics & Discrete Automation, supported by the ABB Ability™ digital platform. ABB’s Power Grids business will be divested to Hitachi in 2020. ABB operates in more than 100 countries with about 147,000 employees.

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