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Case Study of the Asset Monitoring Focused on Facility Management

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Advances in Greener Energy Technologies

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Abstract

Background/Objectives. This study aims to propose an asset monitoring solution for company’s facility management. Asset monitoring is an end-to-end solution that collects, analyzes, and transmits various data related to business operations. Methods/Statistical analysis: Asset monitoring embedded devices or smart machines through detectors or controllers connected by wired/wireless. The validity of the study was verified by analyzing the difference between supervisory control and data acquisition (SCADA) and asset monitoring through a literature survey on SCADA that was used in the past. Then, in order to propose the advantages and application of asset monitoring, we conducted a case study on asset monitoring. Findings: The research on three different fields was conducted, and the final result of the asset monitoring was derived. First, we studied asset monitoring of the pipeline company. We can find several meaningful propositions like (1) take multiple networks to one network and (2) local intelligence to react quickly to local events. Second, a result of the investigation of chemical and petroleum is abstracted like (1) reduced energy costs through better management of energy consumers (e.g., forecourt lights) and (2) less downtime of money generators. Finally, we analyzed the automated meter reading/advanced metering technology (AMR/AMT). As same as the previous two cases: (1) interval billing to incent energy conservation and (2) demand response to remotely turn-off devices using high consumption during peak times were important to the company. What we intend to pursue through asset monitoring, in general, is to improve the value of business through convergence with other systems in the company, and it is confirmed that efficiency can be pursued through asset monitoring. Improvements/Applications: Asset monitoring solutions are predictable and cost-effective compared to post-maintenance. Therefore, this paper shows a method to reduce cost by introducing asset monitoring for the facility management section.

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Acknowledgements

This work was supported by the National Research Foundation of Korea (NRF) grant funded by the Korea Government (MSIP) (2017R1D1A1B03036308).

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Correspondence to Shinjo Eom .

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Kim, S., Eom, S. (2020). Case Study of the Asset Monitoring Focused on Facility Management. In: Bhoi, A., Sherpa, K., Kalam, A., Chae, GS. (eds) Advances in Greener Energy Technologies. Green Energy and Technology. Springer, Singapore. https://doi.org/10.1007/978-981-15-4246-6_14

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  • DOI: https://doi.org/10.1007/978-981-15-4246-6_14

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