9MANUFACTURING TECHNOLOGY INSIGHTSNOVEMBER 2023to the above, the simulation requirements of the system are also related to optimizing the performance of the devices. High-fidelity models enable assessing the overall performance of the whole system before using physical components, allowing simulation of diverse configurations, testing safety critical functionalities, avoiding unnecessary stress to the equipment, increased test coverage - and by cutting development, test time, and cost at the same time. And use cases can also cover parts of the product certification and product validation. ASSET OPTIMIZATION ­ SELECTION FOR THE BEST USE OF CAPEX AND OPEXDigitalization has also affected B2B purchasing behavior. Digital product information makes it possible to not only compare products but also optimize the selection. For example, when the data produced by the simulations is used to determine the performance and load profiles of the devices, in addition to other environmental variables, the selection of the devices can be made more precisely than before.Electricity consumption and the optimization of electrical energy losses are closely related to this multivariable optimization. The information provided by the simulations about the required operating points for the devices can be used to optimize the energy efficiency ratio. The same applies to non-linear loads, like variable frequency converters or rectifiers, in electric networks, where simulating the harmonic distortion caused by them both at the device and system level is important to control the topic and to optimize the energy efficiency. The final choice is the best business case and ROI when optimizing CAPEX and OPEX.Digital product information makes it possible to not only compare products but also optimize the selectionASSET OPTIMIZATION ­ AT YOUR SERVICEThe lifecycles of industrial investment goods are often long, and the failure rate of the equipment -low. This poses its own challenges for lifecycle management: How to maintain good responsiveness in case of rare faults and how to monitor the equipment's condition cost-effectively? The connectivity of devices driven by digitization helps here, as do the effects of Moore's law as an enabler for edge computing. Various remote monitoring applications, both integrated and open systems, enable quick response to troubleshoot and recover. In addition to this, condition-based monitoring applications, both device-level edge computing and cloud solutions, enable a new way for anticipating development of fault situations.SUSTAINABILITYMany drawings and blueprints can be kept in digital form throughout the entire lifecycle - from the selection and purchase of equipment to the optimization of use. When processes are changed to serve this data, errors can be reduced, and operations can be speeded up. But with the optimization made possible by digitalization, we can also have a significant impact on the achievement of ESG goals. Simulation and modeling help to optimize the results of production processes, and equipment choices can be optimized to maximally support the path towards net zero - to help the value chain with scope 1, 2, and 3 emissions. And when the devices are at service, we can optimize uptime.It is excellent that business goals, digitalization and sustainability join hands and strengthen each other for a better tomorrow.
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