Importance of Condition Based Monitoring

Condition monitoring is a central part of a condition based maintenance strategy. A well-orchestrated condition monitoring system is an opportunity for continuous improvement, and the impacts can be dramatic. Condition Based Monitoring has been giving the utmost importance, here at SkyTek. This is due to the fact that customers are simply not aware of how critical condition based monitoring is when it comes to maximizing return on investment. With the help of Condition Based Monitoring, SkyTek is able to determine the remaining useful life of a particular machine along with the ability to detect failure in early stages.

A condition monitoring system enhances safe operation, preserves assets and minimizes environmental impact. Integrated operations enable global collaboration between offshore and onshore activities. Extending time between equipment surveys and overhauls, and reducing unplanned downtime cuts maintenance and operating costs. 

Basing maintenance activities on actual condition rather than on a predetermined time schedule can progress maintenance work to a new level of efficiency. Fewer maintenance induced damages and failures results in improved equipment availability and more efficient operation for longer periods of time. Faster and more confident maintenance decisions and a significant reduction in work orders is a motivating factor for the maintenance crew. With advance warning of machine failures, unexpected breakdowns can be substituted with planned repairs, allowing more time to be spent identifying areas for further improvement in terms of machine performance, energy efficiency or output. 

Benefits include:

  • Increased uptime/reduced downtime
  • Reduction/elimination of unplanned failures
  • Reduced overall maintenance costs
  • Improved equipment performance - Key Performance Indicators (KPIs)
  • Increased asset life
  • Reduction/elimination of collateral damages
  • Prioritized actions and jobs made easier
  • Increased efficiency of maintenance management
  • Avoiding opening up of equipment at fixed intervals
  • Extension of the five-year interval surveys required by class