Marc Laplante, Hexagon
With the expansion of sensors and solutions to manage industrial equipment, Asset Managers now have access to more data than ever. Many of us are now collecting work history, current and historical conditions, inspection results, PdM alerts and much more. These systems, databases and spreadsheets offer a valuable resource to tap into to drive reliability initiatives.To fully leverage data and digital resources, you must apply analytical approaches to identify the insights which will bring incremental cost reduction and availability improvements. Whether it’s a simple pareto analysis in a spreadsheet, Weibull distribution on work history, or anomaly detection using AI, there are key elements to manage to ensure value creation from these techniques.Join us for an interactive discussion on five key considerations as you drive reliability improvement initiatives with analytical tools and processes.