IIOT-ENABLED ASSET INFORMATION AND PERFORMANCE … · RCM Rules & regulations ... RBI Risk Based...
Transcript of IIOT-ENABLED ASSET INFORMATION AND PERFORMANCE … · RCM Rules & regulations ... RBI Risk Based...
IIOT-ENABLED ASSET INFORMATION AND PERFORMANCE MANAGEMENT
KEY ENABLERS
LEADERSHIP – CULTURE - CHANGE MANAGEMENT
I've never done it before … but I think I can do it
Ceci n’est pas une organisation
Your culture is reflected in the reliability of your equipment…
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APM 4.0 enables knowledge creation
and knowledge retention
in order to make faster and more accurate
decisions.
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The probability of risks is rarely accurate if it
is based on
average failure data
from identical equipment
under identical circumstances
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ASSET PERFORMANCE MANAGEMENT ARCHITECTURE
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How can this be realized? Project plan
Identify
Data Acquisition
Modelling
Planning
Implement
Improve
2-6% Increased
Availability
5-10% Inventory Cost Reduction
10-40% Reduction in Reactive Maintenance
3-35% Safety Incident Reduction
5-20% Workforce Productivity
5-20% Reduction in IT Total Cost of Ownership
QUESTIONS?
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