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Asset reliability improvement



Challenge Summary

Asset intensive industries like Manufacturing, Industrial Machinery, Logistics and Transportation, Oil and Gas, Heavy Machinery and Construction, Equipment Rental are constrained by lack of visibility of their assets, any kind of unplanned downtime of the assets could disrupt the entire process dependent on the asset, reducing potential revenue & leading to increased maintenance costs. Currently condition based monitoring is in place to reduce down time through monitoring the assets based on certain conditions occurring but this method is still not effective in controlling unplanned downtime of assets. Innovative solutions using advanced maintenance techniques are required to achieve zero unplanned downtime, reduce maintenance costs of the assets thereby improving asset reliability.

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