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Aveva PRiSM (Process Information Signal Monitor) uses artificial intelligence, pattern
recognition and sophisticated data mining techniques to determine when a piece of
equipment is performing poorly or is likely to fail. PRiSM learns from an asset's individual
operating history and develops a series of normal operational profiles for each specific
piece of equipment. PRiSM then compares the known operational profiles with real-time
data to detect subtle changes in system behaviour that are often the early warning signs
of pending equipment failure. An advanced alarm manager and email notification provide
near real-time updates of how well a plant, unit or system is functioning.
PRiSM also includes advanced analysis, diagnostic and prescriptive capabilities for
identifying why an asset is not performing as expected. The early identification of
equipment problems leads to reduced unplanned shutdown also maintenance costs and
prevent equipment failure. Diagram below depict the basic PRiSM operational
philosophy:
The software works across all types of verticals and industrial applications and it is
vendor agnostic. PRiSM is an open platform that supports the ability to integrate with any
leading control, monitoring or historian system to provide a holistic equipment health
and performance monitoring solution. Below are PRiSM product summary:
3. Success Story
Aveva PRiSM have been deployed in thousands of equipments worldwide in all of the
major industries. PRiSM have helps many asset owners to save their OPEX cost with
the biggest saving for a single catch is USD 34.5 million.
Picture below shows how PriSM provide an early warning indicatotr for a steam
turbine that later used to identify its critical LP rotor blade damage, it helps the
owner avoided USD 4.1 million losses for repair cost and lost of production income.