AUSTIN, Texas, Sept. 26, 2018 /PRNewswire-PRWeb/ -- HanAra Software, through its parent company South Korean-based BNF Technology, has received a patent from the United States Patent and Trademark Office for HanPHI, the company's predictive analytics software. The patent covers the system and method for measuring a plant health index by reflecting the condition of lower level components into the overall health index.
HanAra customers utilize HanPHI to identify impending equipment failure days, weeks, or even months in advance through a health index, which helps personnel implement a type of predictive maintenance that keeps valuable assets in optimal condition. This intelligent software learns, models, and analyzes data to provide actionable early warnings to plant operators, engineers, and managers before a catastrophic failure occurs.
The uniqueness of the software is showcased by the patent as the health index rates the importance of components within the system. For instance, when a current component operating behavior deviates from its normal operating range, the abnormal condition of the current component influences the overall health index based on its importance. This level of notification allows for convenient and easier monitoring of the plant condition based on only the health index of the uppermost level layer.
"The beauty of HanPHI is that it provides an accurate health index for personnel," said HanAra CEO and President Hojoon Seo. "When collecting data and analyzing anomalies at the component level, the management team has a better view of what deviations are priorities and even critical. This visibility saves valuable resources for organizations in both personnel and maintenance costs. Instead of having to go to each piece of equipment individually and determine if an anomaly is occurring, HanPHI allows the equipment to raise its hand to say it's sick."
About HanAra Software
HanAra Software connects industry knowledge with innovative technology to provide integrated data management and predictive maintenance solutions for the process industry. Through the implementation of HanAra solutions, organizations enjoy results including reduced costs, increased efficiencies, and ultimately improved safety. HanAra Software combines solutions with training and care programs to support customers every step of the way.
HanAra Software is the North American headquarters of South Korean-based BNF Technology. BNF Technology is a professional software development company that provides optimized software solutions for operational management of the process industry. For over 17 years, BNF Technology has provided various solutions to more than 150 units across two continents to help them achieve operational excellence.
SOURCE HanAra Software
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