Pumping systems are critical to many manufacturing operations. Consequently, any errors with this equipment can be costly. So, it’s important to catch oddities as soon as they occur. The internet of things (IoT) and artificial intelligence (AI) enable that kind of pump anomaly detection.

Industrial pumps are relatively straightforward machines when you break them down. But detecting errors in them is often less simple. That can scare manufacturers away from advanced monitoring systems. But the benefits are too significant to ignore.

Why manufacturers need pump anomaly detection

Regardless of how reliable a pumping system is, it will eventually fail. Without a way to detect errors early, that failure might not become evident until it’s grown into a sizable, costly issue. The resulting downtime costs oil and gas companies an average of $500,000 an hour, more than double what it was two years ago.

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