10
|
March - April 2020
|
www
.
machinerylubrication.com
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 *2017 *2018
$
Cost of oil disposed of based on 12 pieces of vital equipment being preventively maintained
COVER STORY
assuming that someone who is 184 pounds and
6-foot-3 is healthy. Context comes in many
forms, but the most common is trend analysis.
In this example, what if the man weighed 215
pounds four weeks ago? By trend analysis, you
can assume that something is wrong, and he
in fact is not healthy. at amount of weight
loss over a short period of time is indicative of
a potentially serious illness. erefore, under-
standing the context of data can change the
entire picture.
What outcomes can be derived from this
information? It can take many forms. e person
may understand the underlying issues and be
able to self-correct, or he may seek further, more
detailed analysis by visiting a doctor.
e relevance to the oil analysis industry is
twofold. First, oil analysis is primarily focused
on analysis and interpretation. e very nature
of sampling indicates a single data point taken
at a snapshot in time, i.e., a person's weight
measurement. is frequently is married to a
static specification (or height/weight chart),
and a result is given based purely on that single
point in time (red, yellow or green). Analysis
and interpretation, with no context and rarely
an outcome, are the norm. Outcomes appear
Criticality
Criticality
Complexity
Complexity
This chart illustrates the current lubricant monitoring market.
(Ref. MarketsandMarkets)
This graphic depicts how the lubricant monitoring market
may appear in the near future.
Onsite
(Sample Kits)
(38%)
Onsite
(Sample Kits)
Inline realtime
(inline sensing)
• Real time
• Forensic analysis
• Real time
• Trending
• Forensic analysis
• Particle composition
• Real time
• Trending
• Forensic
analysis
• Particle
composition
Offsite
(Laboratory)
62%
Offsite
(Laboratory)
