March 29, 2008 – ABB announced the Process Optimization Service, a platform-independent, non-invasive service that evaluates and corrects process and mechanical disturbances affecting process performance. It can be applied to any automated process. This service combines diagnosis, implementation and sustaining services to improve and maintain process performance. These components may be delivered separately or combined, based on site capabilities and requirements. “Our Optimization Service customers have benefitted from returns on investment of between 500% - 1000%,” commented Robert Horton, US Optimization Service Business Development Manager.
“We are please to release the new Process Optimization Service, which is poised to provide cost savings benefits for a wide range of industries.” The diagnostic phase, “Fingerprint”, utilizes a structured engineered approach, including proven methodology, and in-depth knowledge of systems and processes. It provides comprehensive testing and analysis of several process performance indicators including high frequency analysis, process stability, and control loops, to measure performance and identify improvement potential. Existing process controls are compared with industry standards as well as actual operating data to expected capability. The resulting process performance benchmark provides information needed to identify and understand areas of improvement opportunity.
Based on Fingerprint findings, a customized implementation plan is developed, including estimated financial ROI for each recommendation. Implementation engineering services are available to help customers achieve the benefits of identified opportunities. Once optimization goals have been met, ABB expertise is offered as a renewable service contract to sustain the financial and operational benefits gained through the optimization process. ABB is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 120,000 people.
