Leveraging Key Performance Indicators (KPI) for Advanced Analytics with Asset Integrity Management (AIM)
One area of increasing interest in the world of asset integrity management (AIM) for plants and facilities is that of Key Performance Indicators (KPI). Leveraged properly, KPIs can be the catalyst for future advanced analytics of your equipment data. They provide a rare window of insight into the efficacy of various elements of your inspection data management (IDMS), equipping you with the tools you need to hone and target your strategies for better asset performance, reduced inspection costs, and superior mechanical integrity.
Lower Costs, Enhance Security with Cloud-Based Asset Integrity Management (AIM)
By now, the benefits of cloud computing for asset integrity management (AIM) are well known. The ability to store all asset data securely in the cloud – thereby outsourcing the complex and expensive IT support and maintenance involved in hosting it in-house – can be leveraged for tangible and immediate cost savings. However, when it comes to selecting the right software for cloud-based inspection data management, things are not quite as cut and dry.
How to Leverage AIM for Pipeline Corrosion Control
Managing pipeline corrosion can be a time-consuming guessing game – wasting money and resources looking for corrosion where it isn’t and missing corrosion where it is. A lot of it comes down to not knowing what you don’t know. For example: at any given time, how aware are you of what contaminants are in the process stream? When the stream composition changes? Are you always aware and instantly alerted when key corrosion factors in your asset change?
Five Ways to Save Time While Accelerating the Asset Inspection Process
The key to reducing maintenance costs and unplanned downtime for plants, pipelines and facilities lies in maximizing the asset inspection process. A recent study into plant maintenance found that the three leading causes of unplanned shutdowns include aging equipment (44%), operator error (16%) and a lack of time (15%). All of these can be mitigated with focused changes to your inspection process.
Enhance Security in Oil & Gas Asset Integrity Management
The Industrial Internet of Things (IIoT) has transformed the landscape of Asset Integrity Management for the Oil and Gas industry. By empowering owner-operators with the ability to interconnect a vast array of physical assets on one digital platform, IIoT facilitates improved productivity, profitability, inspection scheduling, and corrosion mitigation – all while significantly reducing the likelihood of asset failure.