METHOD AND SYSTEM FOR DATA-BASED OPTIMIZATION OF PERFORMANCE INDICATORS IN PROCESS AND MANUFACTURING INDUSTRIES

摘要

To provide a system and method for analyzing a plurality of data from one or more industrial processing units for optimizing key performance indicators in industries.SOLUTION: The system consists of modules for collecting and merging data from industrial processing units, and pre-processing the data to remove outliers and missingness. Further, the system generates customized outputs from data and identifies important variables that affect a given process performance indicator. The system also builds predictive models for key performance indicators comprising important features, and determines operating points for optimizing the key performance indicators with minimum user intervention. In particular, the system receives inputs from users on the key performance indicators to be optimized, and notifies the users of outputs from various steps in the analysis that help the users to effectively manage the analysis and take appropriate operational decisions.SELECTED DRAWING: Figure 12(a)