Asset Performance Optimization News & Events – April 2017 Edition

Asset criticality helps industrial sector weather the storm of springtime maintenance

Here are just a few ways seasonal changes affect operational excellence in the industrial sector in the early months of the year.

Remote outdoor assets are built to last, but that doesn’t stop Mother Nature from battering asset-intensive businesses in the U.S. during winter and spring.

This article includes just a few ways seasonal changes affect operational excellence in the industrial sector in the early months of the year, and what you can do about it through identifying your critical (and at risk) assets.

View the full article.

Mobile Asset Management

On the Move in 2017

A Graphical Viewpoint

Reliability and uptime for industrial asset-intensive businesses just got a serious system upgrade. Learn how mobility has turned today’s industrial sector into a 21st-century productivity machine.

Topics: Embedded Sensors, Drones, Industrial-Grade Mobile Devices

Coming Next Month: Corresponding Mobile Asset Management White Paper

View the Graphic.

2017 Solution Awards Finalist

Critical Asset Safeguard Evaluation (CASE)

GenesisSolutions “Critical Asset Safeguard Evaluation” offering is a finalist for the 2017 Solution Awards in the Work Execution Management category.

CASE provides organizations with the ability to determine if their most critical assets are being managed to an acceptable level of residual risk. The tool aids in the determination of whether existing safeguards adequately address the potential impact of risks to HS&E, regulatory compliance, along with targeted business objectives.

Click here to VOTE today.
Click here to learn more about CASE.

Replay: Risk, Performance, and Cost: Striking a Balance in the Power Industry – New White Paper

Risk Analysis as a Key to Unlocking Hidden Value

To meet service obligations and financial targets, every owner and operator of power generation assets must balance three major variables: risk, performance and cost. In the past, the guiding principle of many generators was “reliability at any cost.” Today’s competitive power markets demand a different approach focused on achieving acceptable reliability and quantifiable risk at a predictable, preferably lower, cost. When generators succeed in optimizing these trade-offs, a large savings in operations and maintenance costs can be achieved without incurring unacceptable risks of equipment failure and downtime.

Click here to read white paper.

Stay on Top of the Game

The Importance of CMMS & EAM Upgrades

Earlier this month, IBM announced end of support for version 7.5 of their Maximo Asset Management application effective April 30, 2018.

This is good reminder of the criticality of staying current with your systems. CMMS and IT may not be everyone’s favorite topics or areas of interest, but without the supporting data each provide, reliability programs will never succeed.

Although IBM’s Asset Management application is referenced here, the lessons and examples are applicable to other leading systems (i.e. Infor EAM and similar).

Click here to view our Graphical Viewpoint on the Importance of Upgrading Maximo.

Industry Events

  • Reliable Plant 2017
  • April 25 – 27, 2017
  • Columbus, Ohio

Noria Corporation is hosting the 19th Annual Reliable Plant Conference and Exhibition in Columbus, Ohio April 25 – 27, 2017.

The process of “attend, learn, apply” is the reason Reliable Plant exists. The 150,000 square foot exhibit hall, receptions, and sessions exist to facilitate the kind of learning and networking which will benefit and inspire attendees long after they leave.

GenesisSolutions will be exhibiting and presenting at Reliable Plant for our 8th consecutive year. We will also be leading the following Learning Session:

  • Managing Risk to Achieve Reliability and Operational Excellence – Mr. Michael Greenholtz

Our staff will be available to discuss our EAM Systems and Processes solutions and services with attendees. We invite you to come talk with us in booth #701

To learn more about Reliable Plant 2017, please visit the conference website.

  • MUWG Spring 2017 Workshop
  • Maximo Utility Working Group
  • May 1 – 3, 2017
  • Tulsa, Oklahoma (Hosted by Grand River Dam Authority)

GenesisSolutions will be a Platinum Sponsor at the upcoming Maximo Utility Working Group being hosted by Grand River Dam Authority in Tulsa, Oklahoma. The dual-theme of the Spring 2017 Workshop is “Using Maximo for Safety & Regulatory Compliance and Enhancing User Efficiency with Mobility”.

Our staff will be available to discuss our EAM Process and System solutions for the Utility Industry. Come learn how we can help your organization balance cost, risk, and performance with IBM Maximo Asset Management.

To learn more about the Maximo Utility Working Group, please visit their website.

Coming Up-

LinkedIn Industry Showcase Pages

Looking for industry-specific EAM articles and white papers?

We received feedback from readers that industry-specific content would be helpful. To assist with this goal, we have created the following LinkedIn Showcase Pages for our readers to access industry-specific content. These pages are updated weekly and if you follow the group, you will be notified of any content additions automatically.

View the GenesisSolutions LinkedIn Company Profile

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