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decision making

Uptime Elements Alignment with Deming's System of Profound Knowledge

Uptime Elements Alignment with Deming's System of Profound Knowledge

Reliabilityweb.com CEO Terrence O'Hanlon relates A Reliability Framework and Asset Management System™ to principles of scholar W. Edwards Deming's famous theory.

The Journey to Data Driven Decision Making

The Journey to Data Driven Decision Making

Focusing on the Asset Criticality Assessment has enabled an appetite for a data driven maintenance program

Asset Management An  Enabler for a Circular  Economy

Asset Management An Enabler for a Circular Economy

In the context of asset management, asset-intensive owners and organizations can make existing assets last longer by applying best design practices for products, spares and components.

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Decision Making

Decision Making

Tired of biased decision-making in your organization? Imagine prioritizing projects based on clear objectives, not power plays. Multi-objective decision analysis (MODA) levels the playing field, ensuring fair project selection through data-driven, transparent processes. See how one company used MODA to shift the balance and prioritize the right projects for the right reasons.

The Essential Steps to Align Safety, Reliability and Maintenance

The Essential Steps to Align Safety, Reliability and Maintenance

The operational success of a facility depends on the alignment of three key disciplines: reliability, safety, and maintenance. The process begins with an in-depth understanding of the assets, energy, people, tasks, and potential risks involved. The results are measurable, valuable, and impactful.

Asset Management Technology

Asset Management Technology Vendors Create Market Disruption at IMC-2022

The aim of the Asset Management technology domain is to assure that IT/OT systems are focused on creating the value from the assets and that the business can deliver to achieve organizational objectives as informed by risk.

Digital Twin 3D visualization for asset management

GE Digital Partners with Visionaize to Provide 3D Visualization Capabilities to APM

GE Digital today announced a technology partnership with Visionaize, a provider of world-class operational 3D Digital Twin solutions.

Augury Acquires Process-Based AI Company Seebo

Augury Acquires Process-Based AI Company Seebo

Combined company to provide world’s first fully-predictive insights across assets, processes and operations, giving manufacturers greater control over output, quality and sustainability

Making Asset Management Decisions: Caught Between the Push and the Pull

Making Asset Management Decisions: Caught Between the Push and the Pull

Most senior executives spend years climbing through the operational ranks. In the operational ranks, many transactional decisions are required each day.

Assume the Decision Maker Is Not Stupid to Make Your Communication More Powerful

Assume the Decision Maker Is Not Stupid to Make Your Communication More Powerful

Many make allowances for decision makers, saying some are “faking it until they make it.” However, this is the wrong default position to take when communicating with decision makers.

Hero or Goat? The Difference Is Knowing the Difference

Hero or Goat? The Difference Is Knowing the Difference

Trusted advisers must understand what is meant by a decision, the different types of decisions, and the external influences on decision-making in the presence of complexity and uncertainty.

Unified Data Management

Uptake Teams up with Cognizant to Unlock Unified Data Management

Uptake Fusion cost-effectively allows companies to set up data lakes, in addition to enterprise-wide asset monitoring, automated reporting, and digital twins

HanAra Software

HanAra Software

Data has potential, but it is useless unless it is accessible, meaningful, and accurate.

IBM Acquires Envizi

IBM Acquires Environmental Performance Management Software Provider Envizi

This acquisition builds on IBM's growing investments in AI-powered software, including IBM Maximo asset management solutions

My Dinner with Albert Einstein and W. Edwards Deming

My Dinner with Albert Einstein and W. Edwards Deming

I was at a small Italian restaurant in the East Village of New York City eating dinner with the Physics genius Albert Einstein and Quality Management guru Dr W. Edwards Deming.

The Road to Prescriptive Maintenance: Moving from Data to Actions

The Road to Prescriptive Maintenance: Moving from Data to Actions

The road to digitization starts with collecting data from machines, and ideally ends with physical actions that are taken by the operators and technicians. The path in between the two is full of vague buzz-words with no real-world examples.

The Disease in Manufacturing No One Is Talking About

The Disease in Manufacturing No One Is Talking About

In one recent reliability trade magazine, there were 34 advertisements for new and improved tools or training for improving your reliability program. 

Augmented Decision-Making: When Data Replaces Experience

Augmented Decision-Making: When Data Replaces Experience

The evolution of OT is meteoric. Today, a proliferation of connected devices can monitor asset condition and performance, along with operational conditions. The information captured from these devices enables operational optimization. It can also prevent unplanned downtime through early detection of impending failures, allowing corrective actions to be planned.

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