Predictive analytics of rotating equipment failure

The Dynamic Risk Analyzer (DRA) is designed to close the current gaps in risk assessment approaches. It is a predictive, process risk and operations management tool, designed for plant personnel to assess the risk level of their plant’s daily operations and prevent random and unplanned process shutdowns. It is used to determine when parts of operations are deteriorating, so plant personnel can take preventative action.

DRA analyses vast amounts of process data to identify as-yet unseen anomalies that cannot be detected using traditional engineering models. Combined with its dynamic approach, DRA empowers operations teams (plant managers, supervisors, and engineers) to discover risks and failures at their formative stage before they become visible or threatening. DRA complements hazard identification and quantitative risk analyses.