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.

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