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asset management

Pinnacle Introduces Next Evolution of Reliability Modeling

Proving out new methodology estimated to reduce facilities’ reliability spending by 10% to 30%

PASADENA, TX – Pinnacle, the world’s leading provider of data-driven reliability and integrity programs, today introduces an improved approach to reliability modeling, called Quantitative Reliability Optimization (QRO).

Work Execution Management

Barton & Loguidice’s Asset Management Group Announces Three New Strategic Software Partnerships

SYRACUSE, NY – Barton & Loguidice, a multi-disciplinary consulting firm that provides technical solutions to public and private clients, announces new software alliances with IBM Maximo®, Projectech, and EAM360 that will help grow the firm’s Asset Management Practice by offering enhanced services to clients.

Asset Management

PCA Celebrates 45 Years Helping Industrial Facilities Achieve Maintenance, Reliability and Asset Man

DULUTH, Ga., March 04, 2021 (GLOBE NEWSWIRE) -- The Georgia-based reliability boutique reaches a significant milestone while furthering the development of sustainable transformation methodologies

Reliability Engineering for Maintenance

Baker Hughes Signs Agreement to Acquire ARMS Reliability to Strengthen APM Portfolio

ARMS Reliability brings a broad range of industrial asset management solutions and expertise to build on Baker Hughes’ portfolio and service capabilities
Acquisition reinforces Baker Hughes’ commitment to accelerate the digital transformation of industrial assets, expanding reach in sectors including mining, power, manufacturing, and utilities

HOUSTON, TX & LONDON, UK-- Baker Hughes has announced it is acquiring ARMS Reliability, a leading global provider of reliability solutions to some of the world’s largest industrial companies across a wide range of industries including mining, oil and gas, power, manufacturing, and utilities.

Asset Management

Strategizing Asset Maintenance

Reliable operations of assets in a refinery or a petrochemical process plant is a critical deliverable for safe and profitable business. Many modern refineries and petrochemical facilities are large in size and also high in integration and complexity.

Internet of Things Digitalization (IoT)

Anglo-American Partnership Combines Technology to Help Drive ‘Build Back Better’ Movement

The partners, US-based Digital Twin expert Cityzenith and NeuerEnergy – powered by UK-based Aqovia, a leading Artificial Intelligence (AI) and digital solutions specialist, have joined forces to show companies and districts the path they must take to meet net zero goals.

Asset Management

Asset Management Transformation Using Project Management Discipline

The Atomic Weapons Establishment (AWE) plays a crucial role in the national defense of the United Kingdom (UK) and has been at the forefront of the UK nuclear deterrence program for more than 60 years. This presentation describes an organization’s desire to improve their asset management program and how a structured approach was developed to meet their need.

Leadership for Reliability

Uptime Award Winner - Best Reliability Program: Arca Continental

Arca Continental produces, distributes and sells non-alcoholic beverages under The Coca-Cola Company brand and serves over 120 million consumers in northern and western Mexico, Ecuador, Peru, northern Argentina and southwestern U.S. Since 2018, Arca Continental developed, piloted, and rolled out an asset management plan for its manufacturing facilities.

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

Pinnacle Introduces Next Evolution of Reliability Modeling

Barton & Loguidice’s Asset Management Group Announces Three New Strategic Software Partnerships

PCA Celebrates 45 Years Helping Industrial Facilities Achieve Maintenance, Reliability and Asset Man

Baker Hughes Signs Agreement to Acquire ARMS Reliability to Strengthen APM Portfolio

Strategizing Asset Maintenance

Anglo-American Partnership Combines Technology to Help Drive ‘Build Back Better’ Movement

Reliability Radio EP 236: Interview with Jonathan Nichols, BPD Zenith

Asset Management Transformation Using Project Management Discipline

Uptime Award Winner - Best Reliability Program: Arca Continental

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