A study shows that the cost of unplanned downtime for industrial manufacturers is $50 billion a year. Manufacturers are constantly looking for strategies to control unplanned downtime and increase plant availability in an increasingly competitive market. Along with asset management, efficiently managing data remains a difficulty.
Engineering information is generally stored in silos in manufacturing plants since it comes from numerous sources and the data is unconnected. With the main focus on getting the production correct, data governance suffers, leading to poor data quality and a lack of standardization across the organization.
With over two decades of expertise, the Integrated Asset Management team focuses not just on asset health but also on data management. We empower organizations, resulting in increased reliability, long-term profitability, and sustainable maintenance cost reductions.