Loss-Prevention and Risk-Mitigation by Reducing False-Alarms in Equipment Protection Systems

摘要

Like death and taxes Equipment Protection System failures (alarms) are undesirable, unpredictable, unwarranted, and unexplainable. 95% of industrial alarms are false, 99% in aircraft, and 99.9% in security systems. They excite management, incite environmentalists, spur regulatory agencies, and frighten many. Product loss and wasted resources are obvious consequences. Not so obvious is the negative impact on safety. Fail-safe... shutdown upon failure. .. doesn't make the situation safer. Instead, there's a high-risk of damage or catastrophe during restart.