Optimizing the function of boilers, turbines and other capital equipment used to generate power requires a careful balance of fuel, heat, pressure, operator proficiency and many other variables. Managing the process on a day-to-day, or minute-to-minute basis, is like performing a skilled and well-orchestrated dance—partly based on data, but also based on operator expertise. Yet, adding more accurate information to the equation can potentially save millions of dollars, cut emissions significantly and even expand the working life of your equipment.
There is a strong demand for devices such as mobile phones, tablets and large screen TVs all over the globe. The business is competitive, which puts pressure on prices. At the same time, production costs are fairly high due to complex production processes. Consequently, a high yield becomes paramount for good profit margins. Multivariate data analysis (MVDA) is being employed by an increasing number of manufacturing companies to increase yield, and the electronics industry is no exception. This article provides examples of where and how real-time data analytics can be used in the electronics industry.