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International Maintenance Conference 2025

The RELIABILITY Conference® 2026

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asset management

Continuous Predictive Maintenance Is the Way Forward

Asset Management

Continuous Predictive Maintenance Is the Way Forward

Over the last few years, the continuous improvement of maintenance strategies is taking place at an incredible pace. The rapid influx of accessible data has the industrial world living in exciting times. As the industry just begins to scratch the surface of what the Industrial Internet of Things (IIoT) can deliver, there is a tremendous opportunity to displace antiquated ways of carrying out asset management.

Return of Investment In Advanced Asset Management: The 10 to 1 Ratio

asset management

Return of Investment In Advanced Asset Management: The 10 to 1 Ratio

Recently, a question was forwarded from Lhoist’s National Maintenance Manager Mauricio Arroyo to Reliabilityweb.com’s Global Relationship Leader and Director of Women in Reliability and Asset Management Maura Abad. The question was prompted after Mauricio read the Asset Condition Monitoring Project Manager’s Guide (Guide) to which Maura had provided a download link. The question was:

“In their [the Guide’s coauthors] experience across the industries, what is the average Cost Avoidance that they have found?”

IIoT Creates a New Context of Reliability for Transit Asset Management

asset management

IIoT Creates a New Context of Reliability for Transit Asset Management

IMC-2017 Learning Session - 47:57
by John Murphy, Reliabilityweb.com.

This presentation delivers a foundational understanding of how the Industrial Internet of Things creates a new context for reliability and asset performance for transit operations.

Cincinnati MSDGC AM Performance System Delivers Results thru Efficiency, Reliability and Compliance

Asset Management

Cincinnati MSDGC AM Performance System Delivers Results thru Efficiency, Reliability and Compliance

IMC-2017 Focused Forum - 46:17
by John Shinn and Eric Stevens, Metropolitan Sewer District of Greater Cincinnati

This case study by the Metropolitan Sewer District of Greater Cincinnati’s Wastewater Treatment Division (MSDGC) shows how MSDGC achieved significant Uptime Magazine 2013 and 2014 award winning results through implementing a performance system to manage physical assets efficiently within the operations and maintenance phase of the asset lifecycle. MSDGC’s asset performance system is based on an industry best practice asset management framework called the Uptime elements, shown in the figure below. The Uptime Elements framework provides a reference for best practice assessment, improvement planning and auditing. MSDGC continuously uses the Uptime framework to focus a dynamic leadership culture on improving and sustaining the business systems used to manage resources, asset reliability and lifecycle cost.

The framework includes asset management best-practices and systems, including condition based maintenance, PM Optimization (PMO), risk-based reliability centered maintenance, and advanced planning and scheduling. Continuous improvement of the management system is supported by a rolling 5-year master planning process that documents ongoing and future activities and budgets. Key performance indicators and sub-measures of performance link day to day operations to strategic objectives identified within the framework, shown in the figure below.

Siemens and Bentley partner in new digital solution to optimize capital project delivery

Asset Management

Siemens and Bentley partner in new digital solution to optimize capital project delivery

New combined offering leverages Teamcenter and Bentley’s Connected Data Environment to increase plant productivity, accelerate delivery and reduce costs
End-to-end digital innovation strategy creates comprehensive and precise digital twins of the process and physical plant to manage complexity and simulate the performance of smart plants

Asset Configuration Management - Why It Matters

Asset Management

Asset Configuration Management - Why It Matters

IMC-2017 Focused Forum - 43:22
by Alan Kiraly, Bentley Systems and Jesse Rothkopf, Life Cycle Engineering

As the 2018 deadline to implement Positive Train Control (PTC) nears, the ability to know exactly what and where your assets are, how they have changed over time, what condition and remaining life they have and how they are currently performing becomes an even more fundamental competency for any rail organization. Asset information and configuration management needs to be an essential part of your asset management system.

In addition to preparing for PTC, your public transit organization faces numerous challenges including increased safety targets, stricter regulatory compliance, aging infrastructure, limited financial resources, and the growing amount of data stemming from IOT enabled systems. Understand the roadmap to deploying a fail-safe configuration management system that ensures mandated compliance while giving your organization the additional benefits of information integrity as well as a closed-loop change management process that provides consistency between all aspects of operational information and the requirements related to the asset being described.

Bottom Line: Consumers Prefer Companies That Care

Asset Management

Bottom Line: Consumers Prefer Companies That Care

In this fast-paced world of meeting deadlines, quotas and targets, one facet of business that can easily get overlooked is corporate social responsibility. (For reference in this article, the corporate responsibility acronym, Cr, from the Uptime^® Elements will be used.) It’s a corporation’s initiative to take responsibility for the environmental and social well-being of the world. Cr generally applies to efforts that go beyond what may be required by regulators or environmental protection groups.

Why Is ISO27001 Security Standard Certification So Important?

Asset Management

Why Is ISO27001 Security Standard Certification So Important?

ISO27001 is a quality standards specification for information security management systems (ISMS). The ISMS is an overall framework that encapsulates business procedures and policies pertaining to the control of a company’s information security risk management processes. It covers physical, technical and regulatory controls.

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.