Modernizing Products Through Safety: Case Studies in Innovation | Examples of Crypto Keno, Predictive Maintenance, Legacy System Upgrades, and Condition-Based Maintenance

Salomon Kisters

Feb 13, 2024

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There is a massive case for safety in today’s world. Especially with everything online being vulnerable to cyberattacks and ransomware. In 2023, there were approximately 3000 data breaches of companies. 2024 isn’t looking much better, despite the massive advances in cybersecurity. For many companies, in order to keep their data safe they want to rip out the old and put in the new.

But this can lead to bigger problems. The process of replacing the old with the new means that the entire system is vulnerable for a period of time. Additionally, everyone needs to learn about how to use the brand-new system. Instead of a complete overhaul, many businesses find that modernizing their products helps.

The products are kept safe and up to date with the latest in security. Plus everyone involved with the products is comfortable with how they work. But it is one thing to talk about modernizing products, and another to see examples of it done. Which is why we’ve got some serious case studies!

Introduction of crypto into online games: The example of the famous Keno game

The game of Keno originated in China. The Great Wall of China was even funded by people who were enthusiastic players of Keno, according to legend. Keno was also called ‘White Pigeon.’ Because those birds were used to carry results from place to place. Eventually, the game was brought to the West. The rules of the game are simple. A player picks numbers from 1 to 80 on a board. After all the numbers are picked 20 numbers are drawn randomly.

Depending on the amount of correct numbers drawn, the player wins a prize. The more numbers that are hit, the greater the overall payout. Of course, the game became pretty popular in the West, and then cryptocurrency got involved, leading to crypto Keno. With computer terminals, random generation algorithms, and house rules for each casino, the game has gone through a lot of modernization!

Safety comes into play when people go and gamble in a casino or on an online platform. There are a lot of safety measures that allow for people’s personal data and their cryptocurrency information to be kept safe so they can play the games with peace of mind.

Using Predictive Maintenance

Plenty of companies are learning the problems with the ‘run to failure’ part of maintenance. Many companies are only calling in maintenance support after a problem has occurred. Then fixing the problem takes too long and can even be dangerous depending on the field. But predictive maintenance is looking to change all of that. Predictive maintenance is able to forecast requirements and problems that might one day happen so that workers can make changes. Then they can fix the problems before they even start.

One company, Duke Energy Renewables, used this to find problems with one of its wind turbines. They were able to monitor the conductors inside each turbine and get advanced notice of a fault before it occurred. Allowing for the problem to be fixed without causing costly delays.

The Modernization of Legacy Systems

One of the biggest issues that people have is the reliance on legacy systems. Systems that have always worked and will always work, but that aren’t upgraded to the industry standard. Many companies are resistant to doing a massive and often expensive upgrade. However, modernizing these systems is very helpful especially whenever it comes to being safe.

For example, a company called Obeikan Glassfound itself dealing with safety issues on the factory floor. So they needed to work with a company in order to enhance the digitization of their safety strategy. They came up with a way for workers to report problems on the factory floor in real time. This allowed the company to fix these potential problem points quickly.

Condition-Based Maintenance

Finally, condition-based maintenance determines when a problem is most likely. Then they raise the alert when the data they have has anomalies. For example, theADI OtoSense Platform monitors the health of machine conditions. It also figures out ways to improve the processes and helps them all have fewer breakdowns so that these machines are better for the earth.

These programs are making sure that traditionally power-hungry processes are managed and made more efficient. Especially whenever it comes to providing clean water and helping with climate change! That is long-term and important safety right there!

Safety Is Extremely Important For Everyone

As much as businesses resist change, it is going to need to happen. These outdated legacy systems might be comfortable to use, but for many businesses they are vulnerable. Making sure that systems are fully modernized will keep both people and data safe from breaches. Plus, it will help businesses be able to take on all sorts of new challenges and see greater resul

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