Product category:
Simulation, modelling and validation software
News Release from: ERA Technology | Subject: Process availability simulation services
Edited by the Engineeringtalk Editorial
Team on 03 September 2001
Process availability simulation service
launched
ERA Technology has launched an availability simulation service to help owners and operators of process plant achieve optimum performance to maximise returns from investment and long term profitabily
ERA Technology has launched a new availability simulation service to help owners and operators of process plant achieve optimum performance to maximise returns from investment and long term profitability Process availability simulation is a powerful technique that combines equipment specifications and reliability data with maintenance and operational details to show the real performance of a system
This article was originally published on Engineeringtalk on 14 Sep 2001 at 8.00am (UK)
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With its extensive plant assessment expertise ERA offers clients much more accurate and dependable results than companies using only generic reliability data.
"Process plant owners and operators are constantly under pressure to maximise performance while minimising capital and operational costs, at every stage of the lifecycle from the initial design through to decommissioning", explains Bruce Dean, Manager of Asset Management Solutions at ERA Technology.
"Our in-depth simulation and plant life assessment skills help clients plan, procure, manage and operate their assets more effectively, from conceptual design all the way through to decision support for plant insurance.
ERA's detailed approach to reliability modelling allows us to identify deficiencies in plant operation, investigate different working scenarios and provide quantitative support for investment decisions and performance improvement." ERA's structured model creation process includes checks at every stage to ensure that the model corresponds as closely as possible to the client system.
"ERA uses the best possible reliability data, based on extensive plant assessment experience across several industries, plus published standards, to determine a realistic life figure for virtually any piece of industrial equipment", explains Leo Bjorkegren, Technical Manager.
"Most simulation work performed for the process industry is based on generic reliability data, which may often be as much as an order of magnitude away from the real figure.
ERA's plant assessment expertise allows it to integrate high quality reliability data with availability simulation to provide the best possible results." These techniques have been used successfully on a wide range of plant including onshore and offshore petrochemical installations, power generation and distribution plant, water treatment and distribution systems, food manufacturing and baggage handling, and can be applied to virtually any process plant.
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