IMC-2020 Presentation 27:48 Minutes

by Kay Murphy, IBM Global Partner

Across all industries and geographies, maintenance and IoT strategies range far and wide, and with varying levels of success. Some still have a significant reliance on calendar-based maintenance, which is costly and consumes precious labor hours. Others have been making progress with predictive analytics applied to IoT sensor data to gain insight into their equipment. But there is tremendous value in having a broad mindset of how to leverage what is in place today and integrate it with new sources of data, then drive that information routinely into the hands of engineers, planners, schedulers and technicians.

A comprehensive asset optimization strategy will map how data needs to transform and flow intelligently through the various component systems to get to where it is needed. That strategy should take into account the existing investments made in tools like plant historians, gateways, sensors, predictive maintenance/analytics and EAM systems. The goal is not necessarily to replace all of these systems, but to complement them with intelligent workflows that can incorporate advanced technology, like AI and Automation, to drive efficiency and agility. By doing this, organizations create rivers of information that flow to the people that need it in ways that are meaningful and actionable.

By developing a strategic roadmap, we can identify gaps where additional capabilities need to be added, upgraded or integrated. A project plan to address the gaps and drive the flow of data can then be developed that aligns to the budget and priorities of the maintenance organization. In this way, OT can influence and leverage the capabilities of IT for the benefit of the broader enterprise.

Upcoming Events

August 9 - August 11 2022

MaximoWorld 2022

View all Events
banner
80% of Reliabilityweb.com newsletter subscribers report finding something used to improve their jobs on a regular basis.
Subscribers get exclusive content. Just released...MRO Best Practices Special Report - a $399 value!
DOWNLOAD NOW
Framatome's Innovative Use of Maximo to Support the Nuclear Power Industry

Framatome's Innovative Use of Maximo to Support the Nuclear Power Industry

Framatome is an international leader in nuclear energy recognized for its innovative solutions and value-added technologies for the global nuclear fleet.

A Robust Framework for Risk Management

A Robust Framework for Risk Management

Asset management is the coordinated activities of an organization to realize value from assets. Guidance in asset management can be found in the ISO 5500X series of international standards.

State of Good Repair and Vulnerability Analysis: Risk-Based Capital Planning and Forecasting

State of Good Repair and Vulnerability Analysis: Risk-Based Capital Planning and Forecasting

Imagine yourself responsible for planning the asset related capital projects for a global enterprise over the course of the next five years. Daunting thought or exciting prospect?

Connecting Digital Transformation and Asset Management

Connecting Digital Transformation and Asset Management

Does it deliver? Or is it a high-cost initiative that leads to complexity with low operational impact?