Managing assets can be a complex and challenging task, particularly in industries with large and diverse portfolios.
One of the most significant challenges is ensuring that asset data is up-to-date, accurate and accessible. Our data, materials and maintenance specialists can help you leverage the power of optimized asset data, ensuring the reliability and longevity of your assets, unlocking their full potential to drive growth and success.
Add Energy's strategy for enhancing asset data:
Build and optimize your master data to ensure asset reliability, safety and performance excellence
The 2023 Global Maintenance Manager Report
Produced by our Asset & Integrity Management specialists, this report features survey responses from hundreds of maintenance professionals from around the world as well as analysis and tips from industry experts.
Optimized asset data can provide a number of benefits to organizations, such as:
Improved asset performance
Make informed decisions about maintenance and repair activities, improving the performance and lifespan of assets and resulting in increased uptime and improved efficiency.
Better risk management
Identify potential risks and hazards associated with assets, enabling proactive measures to be taken to mitigate these risks. This can help prevent accidents, reduce downtime, and improve safety.
Cost savings and future planning
Identify areas where costs can be reduced, such as by optimizing maintenance schedules or identifying assets that are nearing the end of their lifespan and need to be replaced. This can help avoid unexpected downtime and ensure the necessary resources are in place to support operations.
Improved regulatory compliance
Comply with regulatory requirements, such as health and safety regulations or environmental standards. This can help prevent penalties and fines, provide evidence of compliance as well as improve organizational reputation.
Our software solutions
RFID Asset Tracking and Change Automation Software
Automate change, monitor, track, and manage mobile and critical assets in real-time to cut costs and maximize productivityLearn more
Asset Management Strategy Deployment and Optimization SoftwareLearn more
Audit, Verification and Data Collection Software
Improve performance through collection and verification of key data required to manage your facility efficiently and effectivelyLearn more
Maintenance Data Build and Optimization Software
Build and implement an optimized maintenance and integrity management regime, and identify opportunities to save time and moneyLearn more
Add Energy's asset integrity management and software services are now a service line within ABL
Savings of $14M on planning and efficiencies gains through enrichment of 147,000 Maintenance BoMs
Identified over $19 of unnecessary stock being held caused by poor data standards
Savings of $7M per year through optimization of annual planned maintenance work orders
Real life examples of how asset data improved our clients’ overall performance:
Saving $74M over 5 years through inventory data enrichment
A case study with the project goal to validate, enrich and build equipment Bill of Materials (BoMs) in line with the company’s data standards to assure the maintenance, supply chain and materials team had access to the correct data, to order the correct parts, efficiently and effectively for planned maintenance and common corrective maintenance work orders.
CMMS Build and BoM Development Project for a Major Oil and Gas Operator
A case study with the overall objective to develop a comprehensive asset register, implement optimised maintenance plans with Performance Standards for all maintainable equipment, and develop accurate and reliable BoM data in the CMMS
Global maintenance build and strategy optimisation
To achieve safety integrity assurance and performance excellence through a data-driven maintenance improvement project
Best Available Technology Assessment for Pre-FEED Floating LNG Storage
A Best Available Technology study based on EU guidelines and BAT reference documents.
Asset and Integrity Management Blog
01 Oct 2023
3 fundamental processes guaranteed to unlock maintenance efficiencies and ensure plant reliability
Download The 2023 Global Maintenance Manager Report
New questions, comparisons with last year’s results and written input from survey participants… See how Maintenance Managers in similar positions to you are dealing with similar challenges across varying industries!DOWNLOAD REPORT