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asset management

Uptime Special Recognition Award - Asset Risk and Condition Assessment: Great Western Railway

Great Western Railway (GWR) is train operating company (TOC) operating under U.K. Government franchise that is awarded every four years and utilizes network rail infrastructure - depots, track and stations. Plant and Facilities Maintenance is an essential team, supporting GWR in delivering the aim/vision, "Railway of the Future." To practice asset management, our assets needed to be identified, ranked, assessed, managed and knowledge extracted.

Asset Management

Uptime Award 2020 - Best Continuous Improvement Program: BMS and JLL

Through a close partnering relationship between Bristol Myers Squibb (BMS) and Jones Lang LaSalle (JLL), we have been able to achieve significant results and improvements on our maintenance and calibration program at our Syracuse, New York biopharmaceutical manufacturing facility. Back in 2018, it was taking us over 70 days on average to complete corrective work orders which was creating safety and cGMP risk for our facility.

Asset Management

Uptime Award Winner - Best Asset Management Program: Central Contra Costa Sanitary District

Central Contra Costa Sanitary District (Central San) is an organization providing wastewater collection and treatment services for nearly 500,000 residents and 3,000 businesses in Contra Costa County. Central San started its reliability journey in 2014 with the creation of an Asset Management Plan and Asset Management Steering committee, and a subsequent development of an Asset Management Policy and a comprehensive Strategic Plan.

Asset Management

Introducing a New Organizational Structure to Meet Asset Management Challenges

This presentation describes an organization’s desire to improve an aspect of their asset management program via implementation of a new M&RE organizational structure, and how a staged approach was developed to meet this need. The information in this presentation is relevant to anyone who wants to begin, or who is already underway with, a structured organizational change activity.

Asset Management

The Road to Prescriptive Maintenance: Moving from Data to Actions

The road to digitization starts with collecting data from machines, and ideally ends with physical actions that are taken by the operators and technicians. The path in between the two is full of vague buzz-words with no real-world examples.

Asset Management

PinnacleART Announces Rebrand, Doubling Down on Data-Driven Reliability

Company embraces holistic approach to reliability, helping facilities make better decisions

PASADENA, TEXAS – PinnacleART, now Pinnacle, leaders in the industrial reliability and mechanical integrity market, is doubling down and focusing on data-driven reliability to help its clients reduce risks and maximize overall productivity.

Asset Management

Siemens Energy & Bentley Systems Introduce Asset Performance Management Solution for Oil & Gas

Solution combines Bentley Systems Inc.’s asset performance software capabilities with Siemens Energy’s oil and gas equipment expertise

Enhances equipment uptime and reliability while reducing maintenance costs and safety risks

Munich, Germany - Siemens Energy and Bentley Systems, Inc. (Bentley) have announced a joint solution that delivers intelligent analytics derived from domain experience to reduce operating expenditures associated with oil and gas assets. The new service, known as Asset Performance Management for Oil & Gas, or APM4O&G, incorporates key complementary offerings from both companies to help operators enhance asset performance, eliminate downtime, and reduce maintenance costs.

Asset Management

AVEVA Partners with Chemicals Business, SCG to Monitor Critical Assets and Prevent Downtime

Strategic collaboration between the organizations extends the Engineering Digital Twin and harnesses AI-Infused Asset Performance Management to prevent unplanned downtime

AVEVA, the global leader in engineering and industrial software, and Chemicals Business, SCG, one of the largest petrochemical companies in Thailand and a key industry player in Asia, announced their strategic partnership to develop a Digital Reliability Platform (DRP), a complete asset performance management (APM) solution to predict equipment health, monitor performance, and enable advanced maintenance across its operations to eliminate unplanned downtime.

Internet of Things Digitalization (IoT)

Rethinking Asset Management

The availability of IIoT tools does not change the primary purpose of maintenance which is to ensure that production equipment is available and operating sufficiently to meet production goals. What has changed is the operating ecosystem and the access to asset information throughout the ecosystem over the lifecycle of the asset.

Asset Management

Improving the Asset Management Program at the Arnold Engineering Development Complex

The Arnold Engineering Development Complex (AEDC) is an Air Force Test Center (AFTC) organization and an important national resource. The AEDC operates more than 55 aerodynamic and propulsion wind tunnels, rocket and turbine engine test cells, environmental chambers, ballistic ranges, sled tracks, centrifuges, and other specialized units at multiple operating locations. Due to the age, uniqueness of the test systems, and the non-production mode of operation; sustaining these national assets is a challenge.

Asset Management

Cultural Misalignment and Poor Vendor Advice Among Top Reasons for Digital Transformation Derailment

IFS Study - As digital transformation spend is increasing around the world, businesses look for technology vendors whose ethics (29 percent) and culture (23 percent) align with their own. Interestingly, these considerations trump innovation in the ranking of desirable traits, demonstrating that having a similar cultural view of the world is playing a larger role in the selection process.

Internet of Things Digitalization (IoT)

Siemens Makes Industrial Data Accessible and Actionable

New services enabled by the Mendix low-code platform enable data-driven decision making in factories and across enterprise data sources.

PLANO, Texas, -- Mendix World 2.0 -- Siemens Digital Industries Software is leveraging theMendix™ low-code application development platform to help customers across industries build contextual and personalized solutions and help enable data-driven decision-making processes.

Reliability Engineering for Maintenance

Strategic Building of Key Performance Indicators: How We Made It? A Winning Case Study

Having representative key performance indicators (KPIs) is important in gaining needed control to assure fulfillment of achievement for organizations and stakeholders’ goals and needed values. But they are only useful if we succeed to identify the right ones for our business and processes. They will only deliver critical information and targeted outcomes if we built them by strategic, meaningful, simple top-down approach.

Asset Management

Leveraging Asset Management to Move from Silos to a Streamlined Organization

This multi-disciplinary team will share their expertise in implementing asset management through the alignment of management processes with cross-functional teams…a strategy that has been successful in removing silos, changing organizational culture, and improving decisions.

Asset Management

Integration of Design for Reliability: Discover Defects and Remove Failure Modes & Shutdowns

Asset management has introduced a few key concepts which require a shift from focusing on initial investment to optimizing total cost of ownership (TCO). Shifting from a mindset of initial cost, scope and schedule to a focus on TCO requires a catalyst for change. Design for reliability (DfR) answers this call.

Leadership for Reliability

Executive Sponsorship in Making Asset Management Programs Successful: The City of Atlanta

The City of Atlanta Department of Watershed Management (DWM) is currently preparing to launch a comprehensive 5-year asset management implementation plan (AMIP) using a steering committee comprised of cross-departmental DWM leadership and managers – a critical success factor in realizing the expected benefits of significant multi-year investment.

Asset Management

GE Digital’s APM 4.4 Update Rapidly Reduces Cost & Risk from Industrial R&M Work Processes

GE Digital’s APM 4.4 uses Digital Twins, advanced visualizations and improved connectivity to help asset and process intensive companies in power generation, oil & gas and chemical processing industries to rapidly reduce costs while adapting to changing market conditions.

SAN RAMON, Calif. – GE Digital today unveiled the latest version of its industry-leading Asset Performance Management (APM) mission-critical software suite.

asset management

Uptime Special Recognition Award - Asset Risk and Condition Assessment: Great Western Railway

Uptime Award 2020 - Best Continuous Improvement Program: BMS and JLL

Uptime Award Winner - Best Asset Management Program: Central Contra Costa Sanitary District

Introducing a New Organizational Structure to Meet Asset Management Challenges

Reliability Radio EP 229: Matt Newton, AVEVA

The Road to Prescriptive Maintenance: Moving from Data to Actions

PinnacleART Announces Rebrand, Doubling Down on Data-Driven Reliability

Siemens Energy & Bentley Systems Introduce Asset Performance Management Solution for Oil & Gas

AVEVA Partners with Chemicals Business, SCG to Monitor Critical Assets and Prevent Downtime

Rethinking Asset Management

RAM-GPS Assessment Tool Overview

Improving the Asset Management Program at the Arnold Engineering Development Complex

Cultural Misalignment and Poor Vendor Advice Among Top Reasons for Digital Transformation Derailment

Siemens Makes Industrial Data Accessible and Actionable

Strategic Building of Key Performance Indicators: How We Made It? A Winning Case Study

Leveraging Asset Management to Move from Silos to a Streamlined Organization

Integration of Design for Reliability: Discover Defects and Remove Failure Modes & Shutdowns

Risky Business: How Tacoma Power Is Addressing the Risk of Risk Management

Executive Sponsorship in Making Asset Management Programs Successful: The City of Atlanta

GE Digital’s APM 4.4 Update Rapidly Reduces Cost & Risk from Industrial R&M Work Processes