Maintworld 1/2017

ASSET MANAGEMENT
Despite the downturn, there
are many opportunities for
growth
to one central hub using state-of-the-art
technologies around communications,
conferencing, analytics, and more. The
integrated operations centre is called
iOps and leverages Bentley’s AssetWise
Operational Analytics application. The
iOps centre helps clients simulate business
conditions and make decisions in
a matter of minutes rather than days or
weeks. The predictive operational analytics
software on the connected servers
provides the centre’s clients with an
array of readily-mapped inputs within
user-driven dashboards for full visibility.
Operational Performance
Monitoring Creates Clarity
With the Internet of Things (IoT) adding
more to a world already overloaded
WITH SO MUCH DATA
FLYING AROUND,
THE PROBLEM IS HOW TO
CAPTURE IT AND USE IT TO
YOUR ADVANTAGE.
Converge
operational,
information,
and engineering
technologies for a
greater understanding of
asset performance.
with data, from wearable technology to
self-driving cars, asset-intensive industries
are quickly jumping on board and
embracing this revolution. With so much
data flying around, the problem is how to
capture it and use it to your advantage.
Applications that help optimize the use
of assets give user groups the ability
to see a holistic view of the day-to-day
running of the operation, from production
performance against targets, KPIs,
chemical usage and spend, corrosion
levels, maintenance plans, inventory and
more. It also gives the operational or integrity
management leader the information
and support they need to make the
right decision.
More importantly, engineers won’t
need specialized data analysts to carry
out analyses. Saving time on data manipulation
is based on any user, from a
wellhead engineer to a CFO, creating
dashboards tailored to what they want
to see for their role, while the embedded
analytics does the job for them in the
background.
Reduce Costs and Operational
Risk with Improved Asset
Reliability and Integrity
Although spending has been drastically
reduced, cost reduction and risk are still
at the top of any CIO’s list. Now the focus
is on the remaining assets and optimizing
them to gain the best performance,
reduce failures, and maintain availability.
Key to this is reliability and maintenance
to extend the life of aging assets
safely and reliably. Having a programme
in place for inspections, maintenance,
integrity, and performance will significantly
reduce risk and associated operating
costs, while increasing the life of assets
that would normally be replaced.
Asset reliability and integrity management
cover a wide variety of areas,
from risk-based inspections analysis
and safety integrity management to
condition-based monitoring with dynamic
measurement points, asset health
indexing, and, in the same system,
reliability-centred maintenance, maintenance
task analysis, and root cause
analysis. With these strategies in place, it
is easier to identify and predict the failure
of assets that pose the greatest risk
to the operation. Identification leads to
controlled and proactive inspection and
maintenance practices that are crucial
in running an efficient and productive
operation.
Deliver More Insight with
Advanced Analytics
Advanced analytics provides more depth
to the levels of insight by doing more
complex analysis from wider sources of
data, as well as visualization and data
mining. With the power to predict, it
adds an extra level to not only what happened
and why, but when will it happen
again. For instance, predictions can help
with calculating production against
chemical costs, the corrosion levels of a
pipe in terms of when it will need replacing
and the subsequent maintenance
required. The next logical step from this
form of logic is prescriptive analytics –
not only predicting an outcome, but also
what is the best action to take next with
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