Method device and system for estimating life of a technical system

A life estimation device for a technical system comprising of at least one material, the device comprising:

• a receiver to receive at least one test data;
• at least one processor;
• and
• a memory communicatively coupled to the at least one processor, the memory comprising:
• a distribution module to generate a coefficient distribution from the test data by determining probability distribution of condition coefficients associated with the material, wherein the condition coefficients include stress-strain coefficient, stress-life coefficient and structure coefficients;
• a sampling module to sample the coefficient distribution at a high confidence region and a low confidence region;
• and
• a life estimation module to estimate life of the material based on the sampled high confidence region and the sampled low confidence region.

A life estimation system for a technical plant, the technical plant comprising a plurality of technical system, each comprising at least one material, the life estimation system comprising:

• a server operable on a cloud computing platform;
• a network interface communicatively coupled to the server;
• a life estimation device for each of the technical systems, the device comprising:
• a receiver to receive at least one test data;
• at least one processor;
• and
• a memory communicatively coupled to the at least one processor, the memory comprising:
• a distribution module to generate a coefficient distribution from the test data by determining probability distribution of condition coefficients associated with the material, wherein the condition coefficients include stress-strain coefficient, stress-life coefficient and structure coefficients;
• a sampling module to sample the coefficient distribution at a high confidence region and a low confidence region;
• and
• a life estimation module to estimate life of the material based on the sampled high confidence region and the sampled low confidence region.