International Maintenance Conference: The Speed of Reliability

International Maintenance Conference 2025: The Speed of Reliability

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

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

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
 Johnson & Johnson and Fluke Corporation explain the art of connecting the unconnectable assets

Johnson & Johnson and Fluke Corporation explain the art of connecting the unconnectable assets

Presentation explores an aspect of Reliabilityweb.com's show’s theme of ‘An Ecosystem for Asset Management’ for asset management professionals

 Fortive to Acquire Accruent for Approximately $2.0 Billion in Cash

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
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Leveraging the IIoT by Monitoring Critical Machinery and Bearing Fault Detection

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.

 Army Re-Ups with IBM for $135 Million in Cloud Services

Army Re-Ups with IBM for $135 Million in Cloud Services

Army’s Logistics Support Activity signs on with IBM for Watson IoT, predictive analytics and cognitive computing for better visibility into equipment readiness

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

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.

 SparkCognition Expands Partnership with Google Cloud

SparkCognition Expands Partnership with Google Cloud

SparkCognition uses Google Cloud Launcher to support automated model building solution, Darwin™

The Intersection of Obsolescence Management and Asset Management Reliability

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:

  1. How a public transportation organization navigates this issue
  2. Which stakeholders in the organization need to collaborate to mitigate supply chain disruption that would lead to downtime of critical assets
  3. The responsibility of the vendor community
  4. How the organization gets started
  5. How Obsolescence Management fits into a wider Enterprise Asset Management program
 Introducing the Newest Addition to the Interloc Solutions Mobile Informer App Library

Introducing the Newest Addition to the Interloc Solutions Mobile Informer App Library

Interloc Solutions is proud to present a new mobile solution that leverages the power of IBM’s Watson Visual Recognition to help assess the health of your organization’s IBM Maximo assets.

 Aquicore Launches New Self-installing IoT Hardware For Its Smart Asset Operations Platform

Aquicore Launches New Self-installing IoT Hardware For Its Smart Asset Operations Platform

Aquicore today announced the launch of its new self-installing Internet of Things (IoT) hardware. The patented devices make it quicker and easier for executives, managers and building teams to complete Aquicore’s installation process, saving companies time, money and resources.

 New ABB Ability™ Cyber Security Asset Inventory solution unveiled at PowerGen Africa

New ABB Ability™ Cyber Security Asset Inventory solution unveiled at PowerGen Africa

ABB announces manual cyber asset inventory obsolete thanks to new automated solution that reduces time, cost and vulnerability for operators

Journey to Overachieving Recruiting Practices

Journey to Overachieving Recruiting Practices

IMC-2017 Learning Session - 47:14
by Joel Crawford, Performance Consulting Associates

It does feel overwhelming, and is a reality, when real production dollars are lost every day because of unstaffed skilled positions. This is getting the attention now of C level executives across all industries, and strategy sessions are occurring throughout North America board rooms. Facts: 45% of skilled workers are over 45 years old, and about 19% are over 55 (US Bureau of Labor). Millions of skilled engineering and craft skills roles are remaining unstaffed and will continue to grow each year, costing an average of $7,000 in company profits DAILY for each role that goes unmanned (Manpower Group report). There are basic best practice business items that can be done NOW, which will fill open positions more efficiently and retain your talent. This presentation will outline the 5 fundamental steps, which will help your company focus on retaining human capital maintenance and reliability talent.

 Woolpert Named a Top 20 Most Promising Google Solution Provider for 2018

Woolpert Named a Top 20 Most Promising Google Solution Provider for 2018

Google’s largest geospatial partner was among those featured in a special edition of CIOReview magazine.

 Aquitas Solutions to Feature Connected Maintenance Offering at the 2018 MaximoWorld Conference

Aquitas Solutions to Feature Connected Maintenance Offering at the 2018 MaximoWorld Conference

Platinum Sponsor to Exhibit, Demonstrate and Present on Leading Industrial IoT Capabilities of Connected Maintenance

 Australia’s Sunshine Coast Council Migrates to the Cloud with the Confirm Asset Management

Australia’s Sunshine Coast Council Migrates to the Cloud with the Confirm Asset Management

Pitney Bowes Inc. (NYSE:PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing, and data, today announced Software as a Service (SaaS) contract with Australia’s Sunshine Coast Council for the implementation of the Confirm® Asset Management solution.

 June - July 2018

June - July 2018

Click to read all articles from this issue. You can also download the full PDF.

Part 2: Does Relying on Criticality Put Your Organization at Risk?

Part 2: Does Relying on Criticality Put Your Organization at Risk?

This article is Part 2 of a two-part series focusing on risk as an enabler for asset management (AM). Part 1 argued the case for moving away from criticality to an ISO31000 risk-based approach. This part will address how to effectively model asset risk in complex systems.

Informed Model for Selection of Maintenance Strategy

Informed Model for Selection of Maintenance Strategy

The absence of documentation and the presence of poor strategic maintenance methodology admittedly leads to running assets/plant on a run to failure strategy. In an effort to address such a situation, this article presents best practices and informed factors that asset managers and maintenance personnel must consider in order to select the right maintenance strategy for their asset or plant.

How The Simpsons Taught Me About Green Reliability

How The Simpsons Taught Me About Green Reliability

IMC-2017 Learning Session - 38:33
by George Mahoney, Merck

There is a Simpson’s Episode where Lisa Simpson gets gum in her hair. Over the course of 2 minutes, about 10 different characters give her suggestions on how to get the gum out. In the end, she got the gum out, but she had to shave her head to do it.

The video can be seen here.

This situation is not much different from what you would find in the Energy World. While in the maintenance world you need to “force” people to begin Reliability projects, the Energy World is much different. Everyone you know is lending advice on energy reduction ideas from LED lighting to Chiller Optimization to Solar Arrays.

These ideas lead an Energy Manager (who is also often the Reliability Manager) to jump from one initiative to the next without ever getting much done.

In addition, these ideas never seem to focus on improving equipment reliability. Not only does this cause energy waste for existing assets that have defects, it also can lead to new assets being installed without a focus on maintenance or reliability.

In this presentation, we will talk about how we got people to focus on “reliability first” on their Energy Management journey. We will discuss how reliability became the base of our Energy Roadmap and how it enabled the implementation and sustainment of all the other steps along the way. In addition, we will talk about how we linked our Energy and Reliability initiatives together so they could be easily learned and implemented. Most importantly, we linked them together so they wouldn’t have to compete for the same time and resources.