Sign Up

Please use your business email address if applicable

The RELIABILITY Conference® 2025

MaximoWorld 2025

International Maintenance Conference 2025

Visite nuestro sitio en Español

asset management

The Next Industrial Revolution: Transformational IoT

Asset Management

The Next Industrial Revolution: Transformational IoT

The Internet of Things (IoT) has its roots in manufacturing and industrial companies. As consumers are just beginning to look for IoT-driven thermostats to turn down the heat when away from home, manufacturers are already moving IoT off the plant floor and into other settings where it can transform their business.

HSE and EAM

Asset Management

Does Your EAM System Ensure Work Safety?

Most enterprise asset management (EAM) systems just touch upon the safety aspect by registering hazards involved or precautions to be taken while working in a risky environment. But, how do they enforce work safety? There are still so many accidents and incidents in the industry and all investigation findings point to missing safety measures, ignorance, or bypassing safety rules or procedures. What can be done to ensure a safe work environment for everyone? How can a company enforce control of work? One single accident is enough to do away with all financial benefits received through optimized asset management or predictive maintenance to increase asset availability. Asset availability is important, but not at the cost of safety!

Why Maintenance Cost to Asset Value Ratio Is Not a Good Benchmark

Asset Management

Why Maintenance Cost to Asset Value Ratio Is Not a Good Benchmark

A commonly used benchmark for maintenance activities is the ratio of maintenance cost to asset value (MC/AV). Some medical equipment maintenance professionals also claim MC/AV to be the best or most reliable benchmark. Maintenance cost includes both scheduled (often erroneously called preventive maintenance) and nonscheduled (i.e., repairs) maintenance costs, whereas asset value has various interpretations. This article challenges the validity of MC/AV as a benchmark or even a key performance indicator for maintenance activities in most, if not all, industries.

Q&A with Industry Leader Dr. Carla Boehl

Asset Management

Q&A with Industry Leader Dr. Carla Boehl

Dr. Boehl, Portuguese Australian, is a Chartered Engineer Fellow of Engineers Australia and asset management professional with over 20 years’ experience within rail, utilities and mining industries. Dr. Boehl recently shared her thoughts and experience on strategic asset management, machine learning and automation with Uptime magazine.

ARMS Reliability Named Among Top 20 Most Promising EAM Solution Providers for its innovative OnePM®

Asset Management

ARMS Reliability Named Among Top 20 Most Promising EAM Solution Providers for its innovative OnePM®

ARMS Reliability was recently named by CIOReview to the magazine’s 2018 list of the 20 Most Promising EAM [enterprise asset management] Solution Providers, for its innovative OnePM® software platform.

United Technologies Acquires Predikto, Inc.

Asset Management

United Technologies Acquires Predikto, Inc.

Accelerates digital strategy with proven cloud-based, predictive health maintenance technology, tools and processes; delivers actionable insights to help customers forecast and improve asset reliability with greater certainty.

Asset Performance Management in the Digital Enterprise

Asset Management

Asset Performance Management in the Digital Enterprise

IMC-2017 Focused Forum - 39:45
by Paula Hollywood, ARC Advisory Group

A digital enterprise relies on technology to bring about organizational change and drive efficiency and productivity to achieve competitive advantage. Digital technology drives how the enterprise operates, produces value, and generates revenue as well as make it more agile and responsive. One such technology, advanced analytics, enable industrial organizations to implement new, more effective maintenance strategies and improve on-time shipments, increase revenue, improve customer satisfaction, and ensure product quality. The digital enterprise is an opportunity to leapfrog to newer technology, but the challenge is to get the various platforms and applications to be interoperable because in the end, success is dependent upon execution.

Gwinnett County Water Resources - Maintenance, Operations, and Reliability Excellence Journey

Asset Management

Gwinnett County Water Resources - Maintenance, Operations, and Reliability Excellence Journey

IMC-2017 Focused Forum - 46:47
by Clinton Davis and Charles Roberts, Gwinnett County Department of Water Resources

Over the last four years, GCDWR Facility Operations has been implementing maintenance, operations, reliability, and asset management best practices in support of protecting public health and their Mission: To provide superior water services at an excellent value. In this presentation GCDWR will share their drivers for change and progress updates for best practice implementations to include: Preventative Maintenance Optimization, Reliability Centered Maintenance 2, Asset Criticality Analysis, Lubrication Best Practices, Precision and Predictive Maintenance, Skills Training, Staff Engagement and Empowerment, and others. Additionally, they share the results of their previous and most recent Asset Management Best Practice Assessments results conducted by outside experts and lessons learned.

Beyond State of Good Repair: Should We Be Looking to Go Further?

Asset Management

Beyond State of Good Repair: Should We Be Looking to Go Further?

IMC-2017 Focused Forum - 34:09
by David Armstrong and Travis Ritter, Bentley Systems

Watch this presentation for a critical and timely discussion on State of Good Repair as a catalyst to improve your asset management future.

DPSI Partners with Infralogix to Provide Full Spectrum of Maintenance Management Solutions

Asset Management

DPSI Partners with Infralogix to Provide Full Spectrum of Maintenance Management Solutions

DPSI, an industry-leading CMMS software vendor based in Greensboro, NC, has formed a new partnership with Infralogix, a provider of reliability maintenance services based in Williamsburg, Virginia. The partnership between the two companies provides customers with a complete maintenance management solution.

The Industrial Internet Consortium Creates Vision on AI in Industrial IoT Applications

Asset Management

The Industrial Internet Consortium Creates Vision on AI in Industrial IoT Applications

The Industrial Internet Consortium® (IIC™), the world’s leading organization transforming business and society by accelerating the adoption of the Industrial Internet of Things (IIoT), today announced it is leading the vision for industrial artificial intelligence (AI) with new bodies of work and will be sharing insights at IoT Solutions World Congress (IOTSWC).

How to Roadmap Your Asset Management Plan for ISO 55000 Compliance

Asset Management

How to Roadmap Your Asset Management Plan for ISO 55000 Compliance

IMC-2017 Focused Forum - 43:35
by Marc Yarlott, Veolia North America and Kimberley Herrala, Oracle

Implementing Asset Management industry standards, such as ISO 55000, has become a popular target to aim for because it provides a great framework. However, developing an ISO 55000 compliant asset management policy for your organization and growing your Computerized Maintenance Management System to move into compliance can be a challenge. In 2015 Veolia adopted ISO 55000 as the Asset Management framework and this presentation will share the journey towards compliance. Learning take objectives:

Asset registry and organization is the foundation
Optimizing the Workflow matters, make the right thing to do the easy thing to do
Auditing and feedback keep the program on track

Fortive to Acquire Accruent for Approximately $2.0 Billion in Cash

Asset Management

Fortive to Acquire Accruent for Approximately $2.0 Billion in Cash

Agreement to Acquire a Leading Provider of Facilities & Asset Management Software
Large Global Installed Base with Significant Recurring Revenue of ~70% in 2017
Further Advances Fortive’s Digital Strategy of Connected Devices & IOT, Software Enabled Workflow and Data Analytics
Strong Financial Profile Expected to be Accretive to Free Cash Flow and Earnings in 2019
Long Runway for Future M&A within the estimated $7 Billion Total Addressable Facilities & Asset Management Software Market

Leveraging the IIoT by Monitoring Critical Machinery and Bearing Fault Detection

Asset Management

Leveraging the IIoT by Monitoring Critical Machinery and Bearing Fault Detection

IMC-2017 Focused Forum - 39:31
by Craig Truempi and Dan Yarmoluk, ATEK Technologies

The Internet of Things has become an abstract discussion of billions of connected devices and information streaming to make data-driven decisions. Broadly speaking, this topic is how to transform your business through an efficiency analysis, increasing the level of automation, potentially adding another revenue stream or new business model to personalized or customized products and services. An IoT enabled solution in connected manufacturing includes connectivity, intelligence, pattern analysis and ultimately, predictability. Predictive maintenance should be seen as predictive algorithms to extend the life of the machine akin to a doctor-patient relationship and lifetime extension. In assessing a patient, we have to look at the holistic view of health as we would with IoT, the true value will lie in an integrated end-to-end on the manufacturing floor and each connected component has a incremental IoT value. IoT or connected manufacturing is literally "connecting" Operational Technology (OT) and Informational Technology (IT), meaning production and core business processes have end-to-end visibility or what is known as visibility from the shop floor to the top floor. This presentation will focus on the first step of connecting a broader visibility from the operator to the maintenance technician and top floor and mapping this information back to its core business processes in order to increase efficiencies and reliability.

Cohesive Solutions’ MOC Solution Selected by a Major Liquified Natural Gas Provider

Asset Management

Cohesive Solutions’ MOC Solution Selected by a Major Liquified Natural Gas Provider

Cohesive Solutions was recently awarded a Management of Change (MOC) project at a major liquified natural gas provider. Cohesive’s Maximo MOC solution, powered by IBM Maximo, was chosen from a group of specialized MOC software providers to carry out the project. Cohesive’s solution met 100% of the client’s functional requirements and provided the disciplined and systematic approach to MOC required.

The Intersection of Obsolescence Management and Asset Management Reliability

Asset Management

The Intersection of Obsolescence Management and Asset Management Reliability

IMC-2017 Learning Session - 43:33
by John Gariti, Long Island Rail Road, and Jesse Rothkopf, Life Cycle Engineering

Capital Assets in public transportation typically have life cycles of 40 years or more yet many critical components of those capital assets become obsolete after 5 years or less.

In this presentation, you will learn:

How a public transportation organization navigates this issue
Which stakeholders in the organization need to collaborate to mitigate supply chain disruption that would lead to downtime of critical assets
The responsibility of the vendor community
How the organization gets started
How Obsolescence Management fits into a wider Enterprise Asset Management program