Servitization and Physical Asset Management

Cover
Table of contents
Preface
Acknowledgments
List of Acronyms
CHAPTER 1 Introduction
	A “Map” of the Book
	What Are Assets?
	Why Worry about Asset Management?
	What Do We Need to Know about Our Assets?
	How Do We Find Out What Is Happening?
	What Is the Business Benefit?
	Who Is in the Best Position to Carry Out Asset Management?
	What Is Servitization?
	Summary of the Book
	References
	Websites
CHAPTER 2 The Business Imperative
	Introduction
	Companies that Have Embraced Servitization
	Problems and Issues with Making Services a Separate Business Unit
	The Importance of Human Factors
	Strategy
	Financial Evaluation and Modelling
	The Value of In-Service Monitoring of Assets
	Life Cycle Costing
	Process Chain Network Analysis
	Books and Papers
	Consultant Papers
	Cambridge Service Alliance
	Aston Business School
	Other UK Universities
	Universities Outside the United Kingdom
	References
	Websites
	Additional Material
		References
		Websites
CHAPTER 3 Modelling and Simulation
	Introduction
	Why Is Modelling and Simulation Useful?
	Levels of Modelling
	Simulation
	Books and Papers
	Some Useful Sources of Information for Specific Disciplines and Equipment Types
	General Mathematical Modelling
	Modelling Tools
	Reference Material
	Aerodynamics, Fluid Mechanics, and Turbomachinery
	Thermodynamics
	Control Systems
	Electrical Systems and Batteries
	Heating, Ventilation, and Air Conditioning (HVAC)
	Aeroengines and Gas Turbines
	Aircraft
	Automotive
	Diesels and Turbocharging
	Railways
	Ships
	Combined Heat and Power (CHP)
	Fuel Cells
	Pumps
	Wind Turbines, Solar, and Renewable Energy
	References
	Websites
	Additional Material
		References
		Websites
CHAPTER 4 Analysis
	Introduction
	Facets of Analysis
	Difficulties with the Analysis Process
	The “Traditional” Approach to Analysis
	Iterative Analysis
	An Alternative Approach to Analysis
	Optimal Estimation and Kalman Filtering
	The Kalman Filter Equations
	Problems with the Kalman Filter
	Books and Papers
	References
	Websites
	Additional Material
		Reference
CHAPTER 5 Observability
	Introduction
	Setting Up an Analysis
	Generation of Exchange Rate Tables
	Correlations Between Measurements
	Inclusion of Sensor Bias
	Correlations Between Component Performance Parameter Changes and/or Sensor Biases
		References
CHAPTER 6 Time Series Analysis
	Introduction
	Time Series Basics
	Moving Average
	Exponential Smoothing
	Kalman Filtering
	The Optimal Tracker
	Improving the Optimal Tracker
	Books and Papers
	References
	Additional Material
		References
		Website
CHAPTER 7 Data Visualization
	Introduction
	Fundamental Information Requirements
	Typical Information Solutions
	Typical Information Building Blocks
		Alerts
		Bar and Column Charts
		Dashboards
		Data Export Capabilities
		Fault/Event Cubes
		Mapping
		Parallel Coordinates Plots
		Reporting
		“Smart” Analytics
		Summary Statistics
		Time Series
		User-Defined Calculations
		Weighted Lists
		X-Y Plots
	Drill-Down
	Business Intelligence
	Books and Papers
	References
	Websites
	Additional Material
		References
		Websites
CHAPTER 8 More Complex Techniques
	Introduction
		Statistics
	Data Science
	Bayesian Statistics
	R and Microsoft Excel®
	Principal Component Analysis
	Artificial Intelligence
	Fuzzy Logic
	Neural Networks
	Case-Based Reasoning
	KEEL®
	Pattern Matching
	Prognostics
	Data Mining
	Machine Learning
	References
	Websites
	Additional Material
		References
		Websites
CHAPTER 9 Data Gathering and Software Architectures
	Introduction
	Software Schematics
	Data Gathering
	Books and Papers
	Machine to Machine (M2M)
	The Industrial Internet and the IoT
	Knowledge Management
	Data Historians
	Big Data
	References
	Websites
	Additional Material
		References
		Websites
CHAPTER 10 The Practicalities
	Introduction
	Reliability
	Fault Trees, FMEA, FMECA, and FRACAS
	Alarms
	Maintenance
	Spare Parts Management
	Computerized Maintenance Management Systems (CMMS)
	Availability
	Condition Monitoring Techniques
	Field Service
	References
	Websites
	Additional Material
		References
		Websites
CHAPTER 11 Standards and Procedures
	Introduction
	Asset Management
	Books and Papers
	Condition Monitoring
	An Observation
	References
	Websites
	Additional Material
		References
		Websites
CHAPTER 12 Summary and Conclusions
	Summary
	Servitization and Asset Management: Nine Key Points
	Conclusions
	References
	Websites
	Additional Material
		References
Appendix A: Simplified Servitization Example
Appendix B: Power System Example
	Introduction
	The Scenario
	Fuel Cell and Wind Turbine Modelling
	Simulation Outputs
	Analysis of Simulated Power System Data
	Conventional Analysis
	Iterative Analysis
	Kalman Filtering
	Time Series Visualization
	The Optimal Tracker
	Linear Regression
	Statistics
	Parallel Coordinates Plot
	Pattern Matching
	Neural Networks
	Decision Trees
	K Nearest Neighbors
	Unsupervised Cluster Analysis
	Support Vector Machines
	A Final Thought
	References
	Websites
Looking after Planes, Trains, Clean Energy, and Human Health: 23 Important Lessons Learned the Hard Way
	Examples and Stories
	Conclusions
	References
About the Author
Index