Itus Digital provides a simple and effective solution which integrates risk, asset strategy and digital twin management to enable condition-based maintenance, predictive and operational risk management that leverages your existing systems. Itus provides continuous management of the entire asset strategy and digital twin life-cycles in one integrated solution. We ensure strategies address key business risk, actively manage emerging threats and drive governance of mitigation activities in real time.
Itus maximizes productivity of industrial experts and engineers by providing modeling capabilities which are purpose built to address common risk and asset performance management use cases with minimal assistance from data scientists or programmers. Our Twin Language offers the perfect blend of analytical workbench functions and reliability engineering context to drive rapid development of analytics which model equipment operating context, failure risks, thresholds, excursions, and mitigating actions. From point-and-click options for simple rule-based models to advanced scripting, our twin modeling capabilities provide the perfect balance of sophistication and practicality to cover all levels of requirements.
The most important factor in the development of an effective digital twin is the inclusion of equipment and domain expertise which quantifies how an asset fails, the method to detect potential problems, and what actions to take to remediate emerging problems. In addition, we believe cataloging this industrial intellectual property in a centrally-managed library is the key to scaling strategy and digital twin initiatives, it is why we have embraced the library-driven concept as the basis of our approach and solution.
At the core of the Itus solution is an embedded Twin Library which supports 181 equipment types and can accelerate the implementation of your digital twins. The Twin Library is fully extendable so you can capture your specific operating context, leverage results from previous strategy development efforts or model specific recommendations from your OEM’s. In addition, we offer unique and intelligent twin modeling capabilities which automatically notify of existing library elements which may be useful to leverage during twin design. These ‘hints’ can include failure modes which may be missing for an asset type or analytics which underpin common health indicators. Our intelligent library approach allows for maximum reuse of library components, speeds development, and simplifies ongoing maintenance and updates of twins.
From a technical perspective, our architecture allows you to direct the optimal deployment model for your business requirements. On either side of your corporate firewall, we offer deployment options which can efficiently manage 25 or 1 million assets:
From a licensing perspective, our simple usage based subscription model allows you to be in full control of application cost. Minimize licensing risk and unnecessary cost with licensing based upon actual usage, ensuring you to only pay for what you need.
Itus offers a Twin Model and development process which integrates asset risk, real-time analytics, and mitigation plan to manage assets from a new perspective. The model provides a structured definition which virtually represents the business strategy for an industrial asset in addition to the analytical methods and management of current risk and emerging threats
Leverage sensors and field inspections to drive a proactive approach to optimize maintenance activities and reduce risk.
Utilize analytical models to asses current operating conditions, detect potential failures before loss of function, and initiate failure prevention activities.
Monitor operational changes which exceed equipment design specs and align operations and engineering teams on risks.