Sponsored by 
Overview
Operators in asset-intensive industries face stringent requirements to provide proof-of-fitness of their assets while ensuring safety and environmental considerations. Stringent regulatory requirements exist to ensure that these standards are met, making regulatory compliance and readiness for audit a crucial component of any mechanical integrity (MI) program.
These objectives become challenging if the right systems are not in place. If critical information on equipment is timely, difficult, or impossible to retrieve, it can lead to excess expenditure in inspection and maintenance planning, and, in worst cases, catastrophic failure events.
Asset integrity management (AIM) software exists to circumvent these challenges. By consolidating all available data on every piece of equipment into one central database, it creates a collaborative ecosystem from which every interested party can access the same current version of the truth. It enables access to real-time data for smarter and more efficient decision-making.
In theory, the purpose and benefits of AIM software might be widely known. But what about in practice? What are the tangible cost savings that an AIM software solution might deliver to a company? What have real facilities experienced after implementing digital AIM software?
This white paper seeks to answer those questions by examining the ten key savings drivers delivered by AIM software. Drawing on case study data and feedback from actual operators, it includes the areas where companies discovered immediate savings in the first year because of AIM and the metrics for each. When onsite resources are limited, this issue becomes even more prevalent. If critical information on the health of an asset is not readily available, it can have catastrophic consequences including asset failure and unplanned shutdown.
Log in or register below to download this free white paper.
