Optimizing Asset Performance Strategy
In the competitive landscape of industrial markets, companies strive to reduce costs while maximizing asset performance. Aveva Asset Strategy Optimization software serves as a crucial tool in this quest. It helps businesses enhance asset performance by integrating risk and asset criticality into an overarching asset performance management strategy. By aligning maintenance and spare parts strategies with the company's business objectives, Aveva's software maximizes return on asset investment.
Benefits of Asset Strategy Optimization
Aveva Asset Strategy Optimization offers a multitude of benefits, including a 30% decrease in CAPEX, a 50% reduction in maintenance and inspection costs, a 25% reduction in spare parts costs, and a 15% increase in asset availability. With the assistance of smart industrial AI, the software can model complex relationships, predict outcomes, and mitigate risks to boost asset reliability and performance.
Key Features and Functionalities
The Aveva Asset Strategy Optimization software provides various key features and functionalities to support businesses in optimizing their asset performance. From root cause analysis (RCA) for incident logging and prevention to reliability-centered maintenance (RCM) for prioritizing assets based on business risk, the software empowers plant management decision-making. Additionally, spare part optimization, simulation for optimization, asset strategy library, and risk-based inspection (RBI) functionalities further enhance maintenance strategies.
Web-Based User Interface and Collaboration
One standout feature of Aveva's solution is the web-based user interface that facilitates collaboration among experts and non-experts alike. The interface guides users through the reliability-centered maintenance (RCM) process and helps streamline asset data sharing. Engineers can work simultaneously on asset data through the interface, reducing RCM study times significantly.
Start Your Digital Transformation Journey
Aveva Asset Strategy Optimization marks the beginning of a digital transformation or asset performance management optimization journey for businesses. It offers a comprehensive view of current asset performance, identifies improvement opportunities, conducts analyses and simulations to determine optimal maintenance strategies, and visualizes deployment effects. With the support of experts, businesses can seize new opportunities to decrease unscheduled downtime, predict asset failures, and ensure operational safety and compliance.