Asset-specific equipment health monitoring (EHM) for industrial equipment using standardized asset models

A system comprising:

• at least one sensor configured to measure one or more characteristics of an asset, the asset comprising a piece of equipment;
• and
• an equipment health monitoring (EHM) unit comprising:
• at least one sensor interface configured to receive at least one input signal associated with the asset from the at least one sensor;
• at least one processing unit operable to be pre-configured to identify a specified fault in the asset using the at least one input signal and an asset-specific model that comprises a combination of standard subsystem models, wherein the fault represents damage to the asset;
• and
• at least one output interface configured to provide an indicator identifying the fault.

A method comprising:

• pre-configuring an equipment health monitoring (EHM) unit with an asset-specific model that comprises a combination of standard subsystem models that model an asset, the asset comprising a piece of equipment;
• receiving at least one input signal comprising measurement data associated with the asset;
• analyzing the at least one input signal to determine if a specified fault has occurred wherein the fault represents damage to the asset;
• and
• outputting an indicator identifying the specified fault when it is determined that the specified fault has occurred.