IMC-2017 Learning Session - 44:37
by Kimberly Bass, Accenture

The Industrial Internet of Things (IIOT) can be overwhelming as many maintenance organizations struggle to see the practicality of applying digital technology to address classic maintenance challenges. Asset utilization is a primary value driver for maintenance and the adoption of equipment reliability programs has been a valuable means for strategically improving asset performance. Though Reliability Centered Maintenance (RCM) is proven to be an effective methodology for addressing equipment reliability and advancing asset utilization, many organizations have been slow to adopt this approach due to the perceived increase in maintenance cost by expanding predictive and preventative maintenance programs. The adoption of advanced digital technologies in maintenance face a similar resistance because of the perceived cost of applying digital without an understanding of how significantly these technologies impact maintenance value drivers.

This session will give a comparison of traditional to digital RCM and show how digital capabilities enhance the effectiveness of RCM programs, increasing maintenance value and accelerating continuous improvement. This presentation shows how the adoption of digital—connectivity, smart sensors and devices, advanced analytics of process and asset data, and real time visibility and performance monitoring—directly impacts the core elements of the RCM framework. Attendees will gain an understanding of how IIOT and the application of digital technology:

Allow for advanced analytics and new insights that derive more value from plant data

Create new predictive capabilities (and how they compare to traditional RCM predictive methods)

Reduce risk and impact your equipment criticality analysis

Drive more effective maintenance strategies and efficient execution of strategy tasks to reduce failures

The digital plant addresses many barriers to organizational excellence. Come learn how digital impacts the traditional RCM framework and drives top-tier reliability performance that supports overall maintenance excellence.