On March 14 Nokia announced that it will partner with Pöyry, an international consulting and engineering company, and Infosys, a global leader in next-generation digital services and consulting, to further enhance and accelerate the adoption of KRTI 4.0(TM), an artificial intelligence (AI) framework for operational excellence.
The KRTI 4.0(TM) framework applies AI, cognitive/machine learning and machine-to-machine (M2M) capabilities to the industrial environment and addresses complex and expensive lifecycle management challenges faced by industry, utilities, transportation and infrastructure organizations across operational technology (OT) systems. The applied methodology identifies critical enterprise systems and assets and provides a deep understanding of their behaviour to unlock and create new value for customers by reducing system maintenance costs and expensive operation shutdowns, improving reliability and enhancing employee and environmental safety.
KRTI 4.0(TM) uses predictive and prescriptive analytics, that empowers decision makers with real-time knowledge on the best and the most effective operating and maintenance options for their OT systems, leveraging tools such as real-time dashboards, RAMS (Reliability, Availability, Maintainability, Safety) modelling capabilities, augmented reality, chatbot functionality and more enabled by highly secure and reliable connectivity.
“A key component in realizing the promise of Industry 4.0 is ensuring global IoT connectivity across the supply chain, the factory and the distribution networks. Dedicated wireless networks based on LTE & 5G, along with WING, offered in cooperation with our mobile network operator partners and coupled with our IMPACT platform, are a key enabler in solving this global IoT connectivity challenge. We are excited to be working with other IoT industry leaders to help make Industry 4.0 a reality,” Chris Johnson, Global Head of Enterprise at Nokia, said.
“Our KRTI 4.0(TM) framework using RAMS modelling methodology puts the Pareto principle’s 80/20 rule at the heart of the decision-making process. We know the criticality of each part of the asset and focus our data collection strategy and analytical predictive capabilities where it matters most. In KRTI 4.0(TM) real-time data from critical assets is converted to information with innovative computing and business intelligent algorithms enabling proactive prescriptive decision making. This is the difference; and for this to be made possible, industrial-grade secure IoT connectivity is key. This is where Nokia steps in to bring market-leading IoT connectivity solutions and expertise to the KRTI 4. 0(TM) framework,” Richard Pinnock, President, Energy Business Group at Pöyry, mentioned.
“At Infosys we are focused on helping our clients maximise the potential that digital services including IoT have to offer. Through KRTI 4.0, we are focused on maximising the value that our clients are able to derive from their existing assets. We are pleased to have Nokia join this alliance, to accelerate the adoption of the framework at an enterprise scale, while ensuring security, legal and regulatory compliance,” Nitesh Bansal, Senior Vice President and Global Head of Engineering Services at Infosys Ltd., added.
About the solution
- The KRTI 4.0(TM) model-based data driven framework incorporates the Pöyry RAMS methodology, which defines the criticality of every asset contributing to the functioning of an OT system.
- Infosys’ Nia knowledge-based AI platform continuously executes complex, advanced analytics and machine leaning models and exchanges information with the RAMS model to identify any inherent risk in operations on the overall system.
- Nokia provides the pervasive, secure industrial IoT connectivity and network analytics for integrating with data and devices from different OT systems, including IMPACT IoT platform, SI Suite – advanced visualization, Scene Analytics – machine learning video analytics, dedicated wireless networks based on LTE and 5G along with its Worldwide IoT Network Grid (WING) offering – sold in conjunction with mobile network operators – which supports dedicated IoT operations, billing, security, data analytics, and more. This data can then flow into the Nia system for the execution of forecasting models.
Krti 4.0 arms decision makers with real-time knowledge on the best and the most effective operating and maintenance options for their OT systems. Krti 4.0 achieves this by using predictive and prescriptive analytics within acceptable risk levels.
For Industries confronting the problem of asset ‘stranding’ due either to technology obsolesce or to new regulatory regimes, Krti 4.0 provides real options to accelerate Return on Capital Employed (ROCE) and un-strand substantial asset value.
‘Smart Hands’ make smart decisions throughout the organisation
Krti 4.0 enables a proactive way of thinking, empowering people at all levels of an organisation to make smart decisions. At the highest level, through Krti 4.0’s real-time dashboards, decision-makers have in-depth intelligence about their assets globally across the enterprise. For plant managers, Krti 4.0’s RAMS modelling capabilities allow for scenario building, enabling the continuous operational improvement of the systems. For maintenance technicians Krti 4.0’s augmented reality and chatbot functionality minimizes repair times.