{"id":16128,"date":"2022-10-05T17:50:49","date_gmt":"2022-10-05T21:50:49","guid":{"rendered":"https:\/\/d3.harvard.edu\/platform-digit\/?post_type=hck-submission&p=16128"},"modified":"2022-10-05T17:50:49","modified_gmt":"2022-10-05T21:50:49","slug":"flowserves-redraven-iiot","status":"publish","type":"hck-submission","link":"https:\/\/d3.harvard.edu\/platform-digit\/submission\/flowserves-redraven-iiot\/","title":{"rendered":"Flowserve’s RedRaven: IIoT"},"content":{"rendered":"\n\n

We don\u2019t often hear about pumps and valves in conversations about big data and analytics. But using data and analytics in major infrastructure can have real positive impacts and savings to people\u2019s daily lives. Flowserve is one of the world\u2019s largest suppliers of industrial pumps and valves and is leveraging data analytics to help customers better serve every one of us.\u00a0<\/p>\n

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What is Flowserve offering?<\/u><\/strong><\/p>\n

Flowserve offers an IIoT (Industrial Internet of Things) platform called RedRaven. RedRaven analyzes data collected from wired and wireless sensors to conduct condition monitoring<\/strong> and predictive analytics<\/strong>. These services give industrial customers insights into the current state of equipment and flow controls, insights into why the equipment is behaving in that way, and what can be adjusted to prevent failures.<\/p>\n

RedRaven is the end of a technology stack starting with on-site infrastructure (meters, sensors, and data collection points), then site-level monitoring systems, then an insight portal where analytics are conducted, and ending with site-level and company level dashboard monitoring systems. While RedRaven is just the analytics platform in this system, it is integrated with other Flowserve and non-Flowserve equipment and services.<\/p>\n

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How does RedRaven help customers?<\/span><\/u><\/strong><\/u><\/p>\n

In industrial spaces, downtime can be catastrophic<\/strong>. It can lead to interrupted services, lost profits, costly maintenance, equipment damage, and many other issues. RedRaven doesn\u2019t just help companies track and maintain their equipment from all OEMs, it helps them also understand their own production systems through fluid monitoring in real-time.<\/p>\n

With RedRaven, customers can identify mechanical, hydraulic, and wear issues<\/strong> with their pumps and valves before scheduled maintenance sessions or equipment runs to failure. Customers can also find areas to invest in for higher productivity<\/strong> and increased efficiency<\/strong> using the platform. RedRaven reduces maintenance costs by 40%, health and safety risks by 14%, and extends asset life by 20%.<\/strong> Thirdly, customers can set production and equipment status thresholds and receive alerts when the system\u2019s processing or equipment\u2019s condition passes a threshold. For example, RedRaven can identify 15 unique types of pump failures which gives incredible operating insights<\/strong> for managers. This reduces the need for constant human monitoring and the data logs help track variations in the system\/equipment\u2019s performance.<\/p>\n

Flowserve\u2019s complimentary products to RedRaven, such as the live monitoring<\/strong> center<\/strong> lends support to customers with less data sophistication, allowing a variety of customers to benefit from RedRaven.<\/p>\n

All of these data-driven insights allow customers to be more in sync with their equipment, reduce laborious monitoring activities, minimize downtime emergencies, and better plan maintenance schedules.<\/p>\n

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