Paladin is a model-based platform, in which design specifications (Paladin DesignBase) provide the foundation upon which analytics (Paladin Live) are based. In formulating its predictions, Paladin takes into consideration design limits, changing conditions, and their real-time implications... as opposed to other “predictive” technologies, which simply look back at trends, extrapolate a linear value, and call it a “prediction.” Such technologies are based only on historical data, and – like projecting the future value of stocks – have no means to recalibrate for unforeseen events.
• Identifies problems in the theoretical stage, long before they actually occur
• Identifies current, actual risks, based upon changing system state
• Lays the foundation for reliability-centered maintenance