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Maintworld 4/2016

In this issue: Towards Better Asset Performance Modelling Paper Mills’ Planned Maintenance Approach Ultrasound in Asset Condition Management Asset Criticality Ranking

In this issue:
Towards Better Asset Performance Modelling
Paper Mills’ Planned Maintenance Approach
Ultrasound in Asset Condition Management
Asset Criticality Ranking

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RELIABILITY<br />

Towards Better Asset<br />

Performance Modelling<br />

Connecting IT with Operational and Engineering Technology will bring real benefits<br />

to Asset Performance Modelling.<br />

BHUPINDER SINGH,<br />

Chief Product Officer,<br />

Bentley Systems,<br />

bhupinder.singh<br />

@bentley.com<br />

IN PART 1 of this article, released in<br />

<strong>Maintworld</strong> 3/<strong>2016</strong>, we reviewed how<br />

today’s engineering technology makes<br />

it possible to bring all required information<br />

together helping to track, access,<br />

and share with others collaborating on<br />

the project. Let’s now have a look how we<br />

can get all the benefits of this huge mass<br />

of information.<br />

Making the Leap to Asset<br />

Performance Modelling<br />

Taking the convergence of IT, OT, and<br />

ET one step further, it is now possible<br />

to enable real-time asset performance<br />

modelling, which ensures that assets are<br />

safe, reliable, and efficient over their operating<br />

life. For example, Bentley’s asset<br />

performance management software enables<br />

companies to develop both operational<br />

and asset strategies for improving<br />

reliability and maintaining asset performance<br />

and predictable production.<br />

Using a common data environment<br />

(CDE), companies can collect, consolidate,<br />

and analyse data and turn it into actionable<br />

intelligence. The software also<br />

helps ensure regulatory compliance and<br />

is aligned with asset management standards,<br />

including PAS 55 and ISO 55001. At<br />

the same time, it applies leading information<br />

modelling and information management<br />

technologies to asset operations<br />

and maintenance, and when combined<br />

with information delivered at handover<br />

from projects, provides a complete<br />

lifecycle information management solution<br />

for owner-operators. This enables<br />

owner-operators to optimize processes<br />

for the day-to-day running of assets, balancing<br />

capital and operational costs and<br />

maximizing production capability.<br />

Many companies are already on their<br />

way to using these solutions, thanks to<br />

the widespread adoption of condition<br />

monitoring technologies. As shown in<br />

Figure 3, monitoring assets requires the<br />

integration of IT and OT systems, as well<br />

as big data analytics to discern patterns<br />

in data and automate or recommend optimal<br />

responses to them.<br />

To move to asset performance modelling,<br />

3D digital engineering models<br />

across all disciplines are integrated with<br />

the IT and OT systems used for asset<br />

Figure 2: Asset performance monitoring<br />

brings together IT and OT with big data<br />

analytics.<br />

8 maintworld 4/<strong>2016</strong>

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