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asset management

Demystifying eAM Costing

Demystifying eAM Costing

by Doug Volz, Expert Consultant for VIZIYA 

Join Doug Volz, an expert consultant who co-designed Oracle Cost Management, as he explains eAM costing and shares best practices. You will learn about:

Oracle Enterprise Asset Management and how it accounts for maintenance costs
Features shared with Oracle Cost Management
Common Subledger Accounting extensions for eAM
Best practices for implementing eAM costing

 End-to-End Enterprise Asset Management

End-to-End Enterprise Asset Management

Business World becomes the only services-centric ERP with fully integral EAM


VICTORIA, British Columbia & MANCHESTER, N.H.--Unit4, a fast growing leader in enterprise applications for service organizations, today announced a new, end to end Enterprise Asset Management (EAM) solution for organizations with building and property assets to manage and get full transparency of their business, including assets, maintenance and inspection plans and staff resourcing.

 RWE Generation Goes Digital with IBM to Mobilize Lignite Mining Employees

RWE Generation Goes Digital with IBM to Mobilize Lignite Mining Employees

German energy company uses IBM MobileFirst for iOS app to manage maintenance for fleet of large equipment used to mine brown coal

 Reliabilityweb.com and La Red Confiabilidad

Reliabilityweb.com and La Red Confiabilidad

Accelerating Reliability Transformation and Improving Asset Performance Throughout Latin America

  • Next-generation strategic partnership will drive growth, accelerate innovation, and boost reliability transformation demanded by customers across industries in Latin America.
  • Industry-leading solution providers align to the Uptime Elements Reliability Framework for Asset Performance.
  • The Uptime Elements Framework accelerates compliance to ISO 55001 Asset management – Management systems – Requirements.
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Things to Think About and Do (2013)

Things to Think About and Do (2013)

Reliabilityweb.com® invited thought leaders in the maintenance reliability and asset management community to contribute a simple message directed toward creating a new idea or action on the part of the readers, the maintenance and reliability professional community at large.

Carollo Engineers to Standardize on Bentley’s EADOC Capital Project Management Offering

EXTON, PA – Feb. 11, 2016 – Carollo Engineers and Bentley Systems today announced that Carollo has chosen Bentley’s EADOC cloud-based construction management software as its corporate standard for capital project management.Carollo Engineers will standardize on EADOC across its construction services teams, bringing cost savings to all of its projects and eliminating the inefficiencies of managing multiple legacy systems.

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.

 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.