International Maintenance Conference: The Speed of Reliability

International Maintenance Conference 2025: The Speed of Reliability

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asset management

Not Safe to Work Here? Do this:

Not Safe to Work Here? Do this:

You can rest assured knowing that in a safety and reliability poll of 1,000 industry chief executive officers, all 1,000 professed the desire to lead and/or head safe and reliable companies. But there is a gap between aspiration and achievement, and there is much work to be done in closing that gap, as an Uptime reader’s letter shows. The reader asked for direction, which this article will try to provide.

New Lake Mead Intake Named Among World’s Top Engineering Feats

LAS VEGAS (February 8) – The recently completed drinking water intake constructed to protect Southern Nevada residents from continuing drought has been nominated for the 2016 Outstanding Civil Engineering Achievement Award by the prestigious American Society of Civil Engineers (ASCE).

Jay Burnette Assumes Leadership of T.F. Hudgins Incorporated

HOUSTON, TX – February 8, 2016 – Jay A. Burnette has been named President and CEO of T.F. Hudgins, Incorporated, a provider of engineered product and service solutions for machinery used in a wide range of industrial applications. Burnette succeeds Ted R. Edwards, who retired as President and CEO at the end of 2015.

Creating Momentum for Change

Creating Momentum for Change

Focused Forum from IMC-2015 - 37:54 
by Robert Bishop & George Williams, Bristol-Myers Squibb

Bristol-Myers Squibb has implemented the Uptime Elements into its maintenance and reliability strategy. In alignment with ISO55000, and to aid in the understanding of all of the components that make up an asset management strategy, the BMS Reliability Excellence initiative is adopting the “Uptime Elements.” The Uptime Elements provide a framework that aligns our communication and priorities within the scope of Reliability Excellence. The Elements integrate with our implementation of initiatives associated with Reliability Excellence, they help focus our efforts and align us behind common opportunities.

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 Is Electric Grid Parity A Threat Or Hype?

Is Electric Grid Parity A Threat Or Hype?

Electric utility stakeholders remain divided on whether grid parity is a business threat or just hype. Either way, the utility-customer relationship is evolving, and utilities must adapt to survive.

 IBM Closes Deal to Acquire The Weather Company’s Product and Technology Businesses

IBM Closes Deal to Acquire The Weather Company’s Product and Technology Businesses

Armonk, NY, and Atlanta - 29 Jan 2016: IBM (NYSE: IBM) today announced that it has closed the acquisition of The Weather Company’s B2B, mobile and cloud-based web-properties,weather.com, Weather Underground, The Weather Company brand and WSI, its global business-to-business brand. The cable TV segment was not acquired by IBM, but will license weather forecast data and analytics from IBM under a long-term contract.

Spectronics Corporation Acquires Key Manufacturing Company

WESTBURY, NY ─ Spectronics Corporation has announced the acquisition of H&I Manufacturing Inc., a precision machine and job shop located in Bohemia, NY. As part of the purchase agreement, H&I became a new division of Spectronics, and its machinery and personnel were moved into the parent company’s 100,000 square foot manufacturing facility in Westbury. Kristian Immoor, the former president and owner of H&I, is now the Advanced Manufacturing Foreman of the new division.

 The Importance of Real Time Data in Securing Food Manufacturing Quality and Efficiency

The Importance of Real Time Data in Securing Food Manufacturing Quality and Efficiency

Real-time data and well-run processes will help factories to excel in both food safety and efficiency. Consumers and retailers expect food safety and quality, therefore Henry Ford’s definition of "Quality means doing it right when no one is looking" is a thought provoking sentiment.

The Pursuit of Continuous Improvement in Asset Management: Merck & Co., Inc., West Point’s Journey

The Pursuit of Continuous Improvement in Asset Management: Merck & Co., Inc., West Point’s Journey

As an organization, Merck & Co., Inc.’s core values are driven by a desire to improve human life, achieve scientific excellence, operate with the highest standards of integrity, expand access to its products and employ a diverse workforce that values collaboration. To support these values, Merck & Co., Inc. strives to deliver strong operational performance supported by cost-effective asset utilization over the entire asset’s lifecycle. Merck & Co., Inc., in West Point, Pennsylvania, is a multi-divisional, 397-acre site that produces a diversified portfolio of vaccines and sterile products. As such, asset management is critical to successful, sustainable performance.

 Fluor Agrees to Acquire Stork, a Dutch Based Global Industrial Services Company

Fluor Agrees to Acquire Stork, a Dutch Based Global Industrial Services Company

  • Creating a global leader in Industrial Services broadening geographic coverage
  • Expanding services scope throughout the full lifecycle of operating plants
  • Fluor’s Operations & Maintenance organization combined with Stork
  • Combined group branded Stork and headquartered in The Netherlands. 
Controlling the Silent Killers of Strategic Asset Management

Controlling the Silent Killers of Strategic Asset Management

This two-part article forms the basis of findings from PhD research conducted by Johann Stimie into the factors that prevent successful execution of asset management strategic initiatives.

Imagining the Future Perfect Asset

Imagining the Future Perfect Asset

IMC-2015 Chill Out Forum Keynote - 32:53
by Rich MacInnes, Author

In this lively presentation, Rich MacInnes not only thinks outside the box, he kicks it. MacInnes argues that the biggest failure is the failure to imagine perfection--the future perfect asset. He knows that this is where we're headed. Join him as he explores this topic in further detail.

Asset Performance Technologies Announces Latest Expansion of its Asset Strategy Library

Asset Performance Technologies, Inc. (APT) announced today that it has released the 17th version of its Asset Strategy Library (Release 17). APT already provides the most comprehensive library of FMEA tables and asset strategies for equipment in asset-intensive industries, and with this expansion covers even more of the needs of the maintenance & reliability professional. This addition to the library shows APT’s continued dedication to ensuring that its clients have the ability to better manage the preventative maintenance of over 650 types of equipment commonly found in most plants.

 IKM Ocean Design Awarded Johan Castberg Subsea – Integration Pre-FEED and FEED with Options

IKM Ocean Design Awarded Johan Castberg Subsea – Integration Pre-FEED and FEED with Options

Statoil has awarded the contract for Johan Castberg Subsea – Integration Pre-FEED and FEED Project with Options to IKM Ocean Design. The contract includes Pre-FEED and FEED of pipelines, risers, cables, tie-ins and related structures on the Johan Castberg field. Furthermore, detail design and follow-on engineering are included as options along with EPC of pipeline related structures.

WIRAM

Our mission is to empower women around the world to understand the importance of Asset Management and Reliability and their role in society and how to use this knowledge to apply it for best practices and operational excellence achievement.

SAP and Accenture Join Forces in Core and Industry Platform Development and Go-to-Market for SAP®

WALLDORF, Germany and NEW YORK – SAP SE (NYSE: SAP) and Accenture (NYSE: ACN) are joining forces in the core and industry development and go-to-market of SAP® Business Suite 4 SAP HANA® (SAP S/4HANA), the next-generation business suite from SAP built on the industry’s most advanced in-memory platform. This unprecedented collaboration intends to accelerate development of SAP S/4HANA as well as industry and line-of-business solutions, with a view to simplifying and fast-tracking customers’ journeys to digital businesses.

Asset Management - It’s Child’s Play

Asset Management - It’s Child’s Play

IMC-2015 Keynote - 21:13
by Rhys Davies w/ Ieuan Davies & Maya Montague, Discursive

In this innovative keynote presentation, Rhys Davies enlists two teenagers to help communicate what asset management is. Davies recognizes that people sometimes struggle to explain asset management and its relation to other fields. Through a Q&A format, Davies and his co-presenters get to the core of these difficult explanations.

DHS S&T and USCG RDC Launches Prize Competition for Environmentally Friendly Buoy Mooring Systems

Washington, DCThe U.S. Department of Homeland Security (DHS) Science and Technology Directorate (S&T), in conjunction with the United States Coast Guard’s Research and Development Center (USCG RDC), launched the “Environmentally Friendly Replacement for Buoy Mooring Systems” prize competition, with a maximum award of up to $290,000.

 APRIL Robotic System to Transform Food Manufacturing

APRIL Robotic System to Transform Food Manufacturing

A Peterborough based engineering business is transforming the food manufacturing industry thanks to further funding from the Eastern Agri-Tech Growth Initiative.