Fedem Technology, a well-established supplier of advanced analysis services to the O&G industry, was acquired by SAP in 2016. Together, SAP/Fedem are digitalizing engineering know-how.
The presentation will show how the IoT technology stack can be combined with real-time structural analysis (FEA) software and machine learning to enable the next generation of condition monitoring. Live projects from the area of wind power, infrastructure and manufacturing will be showcased. Detailed descriptions and demos of how the technology can be applied in the Oil&Gas industry will be outlined.
The condition monitoring solution is relevant for any structures exposed to dynamic loads and rotating machinery. The highlighted projects will include examples of rigid static structures, flexible static structures and rotating machinery.
The advantages to the end user include: Deeper knowledge of the structure, maintenance and inspection optimization, fatigue life documentation, early warning of failures, improved basis for life time extension, and potential upgrading of capacity.
The technology will in combination with other Industry 4.0 applications enable the creation of new business models and technical solutions, which until now have been impossible such as unmanned and autonomous operations and advanced designs.