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"SmartSignal effectively uses predictive analytics to determine if a machine is operating normally. It’s able to predict when an abnormality is likely to lead to equipment problems, and it can do so weeks and sometimes months before the actual issue would occur. So, BP is able to plan effective remedial action ahead of a problem, rather than react after the fact. This lets us reduce and sometimes eliminate the cost of equipment issues, reduce lost revenue from equipment downtime, and increase safety by reducing incidents and the amount of time personnel are working on equipment problems."

Paul Stone
Chief Technology Office Director
BP
As appeared in World Energy
Vol 12, #1 – 2009
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