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Asset Reliability Through Integrated Asset Management
The document discusses integrated asset management and how it can help improve asset reliability through information management, operational efficiency, and compliance. It outlines challenges around asset downtime, data management, and maintenance. It then presents L&T Technology Services' solutions for integrated asset management including asset data management, remote monitoring, predictive analytics, and asset performance management to deliver benefits like increased uptime and reduced costs.
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Presentation on integrated asset management and the importance of engineering innovation.
Discusses industry challenges leading to $20 billion loss in production; emphasizes compliance, operations, and financial impacts.
Explains various management systems and integration needed for effective asset information management.
Focus on ensuring asset information integrity, emphasizing quality standards and advantages of integrated data.
Discusses the future of asset management using IoT for predictive maintenance and augmented reality applications.
Details the implementation of safety monitoring systems for personnel using PPE in warehousing operations.
Covers IT-OT integration, enabling AI and real-time decision making, and outlines various IAM services offered.
Legal note about the proprietary nature of the presentation content and restrictions on its use.
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Asset Reliability Through Integrated Asset Management
- 1. Specialists. Engineering Innovation. Asset ReliabilityThru’ Integrated Asset Management Presented by Murali Chandrahasan Head-Engineering IT Soutions&Services Date 3rd May,2016
- 2. June 8, 2016| 2 Confidential | L&T Technology Services Aligning Operations, Assets & People - Enhance Asset Reliability Industry Challenges on Asset Reliability The global process industry loses $20 billion, or 5% of annual production, due to unscheduled downtime, with an average hourly cost of about $12,500” - ARC advisory group Information Management Single Source of Information Management of Change (MoC) Large Asset Data Management Data Handover Extensive System diversity Operational Improve Asset availability and Reliability Reduce Asset Downtime Optimise Inventory Increased Complexity of Assets Compliance Meet regulatory requirements Improve HSE Performance Stringent Safety regulations and Warranty checks Finance Reduce CAPEX (Capital Expenditure) Optimize OPEX (Operating Expenditure) Improve ROA and Access to capital
- 3. June 8, 2016| 3 Confidential | L&T Technology Services Business & Technology Drivers for Asset Integrity Management Compliance & Regulations • Standards: ISO55000, ISO 18001, ISO 15926 , 14224, IEC 61508, • Higher Health, Safety and Environmental awareness • Compliance with the Statutory / legal Regulation Asset Lifecycle Information Management • Aging Assets • Asset information – Completeness, Correctness & Consistency (3Cs) • Automation of Knowledge Work Operations & Maintenance • Asset Longevity and Reliability • Visibility and Cost control • Quality and Safety Compliance (PTW / LOTO integrated - ERP) Technology Trends • Software as a Service (SaaS) , Cloud, Mobility • Industrial IoT • IT/OT Integration •Asset Data Analytics
- 4. June 8, 2016| 4 Confidential | L&T Technology Services Business Transformation with Asset Information Management EDMS EDW CMMS CIMS RBI/RCM ERP Standalone Systems Equipment Performance Operational Performance History Non-Integrated Asset Performance Management (EAM, FSM) Asset Integrity Management Engineering Information Management (Design Tools, EDMS, EDW) Reliability & Maintenance Management (CMMS, ERP, RBI/RCM) Corrosion Inspection Management (CIMS, PACER) Inspection Management (VISIONS, IPRSM) Operational Applications (PLC/RTU, SCADA, Historian) Integrated
- 5. June 8, 2016| 5 Confidential | L&T Technology Services Integrated Asset Information Management Model Design Tools EDMS EDW Document Control Engineering Information Management Policy, Standards & Guidelines Records Management HR HSE Content Applications Collaboration Workspace EPC Information Management Risk Assessment Maintenance & Material Management Reliability & Corrosion Inspection Remote Monitoring and Tracking Enterprise Asset Management Asset Operation Applications Handover & Integration
- 7. June 8, 2016| 7 Confidential | L&T Technology Services Improving Asset Integrity and Reliability Client Concern Value Delivered IM Processes & Governance Information Quality Standards Ensuring asset information correctness, completeness and consistency (3Cs) Availability of Integrated , updated and reliable Asset Information Benefit to Business Single source of information and faster access of Asset data and document Easy & Quick search of reliable information leads to faster & effective maintenance planning and scheduling Latest information availability results in more accurate decisions Non availability of strategy for managing Information Delay in information retrieval Poor information control, reliability, integrity, completeness Existing information dump accuracy & governance
- 8. June 8, 2016| 8 Confidential | L&T Technology Services Unstructured Documents Existing Information dump Present Future Missing Information/Tags Quick Search for Engineers Handy Commissioning Data Efficient Handover Integrated Approach: Project Phase
- 9. June 8, 2016| 9 Confidential | L&T Technology Services Document Non-Integrated Duplicate Documents Hidden Documents Missing Information/Tags Retired/Superseded Documents Non As built Documents Identified & Separated As Built Documents Document Integrated Unique Documents Complete Information/Tags Extracted Documents Maintainable Asset Information Fixed Equipment Information Asset RegisterDesign Information Relief System Information Achieved3C–Correctness, Completeness,Consistency Suggested Approach Integrated Approach: Operate and Maintain Phase Desired StateCurrent State
- 11. June 8, 2016| 11 Confidential | L&T Technology Services NextGen Asset Performance Management with Industrial IoT Connected assets with integrated information flow support forecast analysis, automated alerts and accelerated actions. Application/ Rule Engine IoT Foundation/ Adapter Asset Sensors Smart Asset Management Predictive Maintenance Smart Asset Industry, Cloud, Device Agnostic Platform
- 12. June 8, 2016| 12 Confidential | L&T Technology Services Augmented Reality in O&G Valve status Information: Current Condition Last serviced Internal tools info Understand the internal structures Image CaptureImage Compare 3D Model Rendering Image Detail Information
- 13. June 8, 2016| 13 Confidential | L&T Technology Services PPE Monitoring System During loading of finished goods in warehouse the personnel will have to work at a height of 5-6m. Most often, these personnel fail to use the necessary PPE which might result in a possible accident Problem Statement Identification of the possible equipment to be monitored for the industry Identification of the type of sensors to be integrated. Integration of sensors with PPE and data collection Notifications, alarms as needed if any deviation on safety Solution Detect Non – Usage of necessary PPE by personnel during loading/unloading of trucks and alert the concerned stakeholders Proper monitoring of PPE ensures the safety & security of crew and makes workstation PPE compliant Business Benefits
- 14. June 8, 2016| 14 Confidential | L&T Technology Services Future Operations with Resilient Asset Management IT-OT Integration Social Media Integration Field Service Team Actionable Decisions/Situational Awareness Exception-based Business process model/process/asset Informed Business Decisions Twitter Integration On-line Weather Twitter Alarm/Events Notifications Enabled Field Force Service Team Capture planned, emergent work; Plan, Execute across Team Tune work processes Mobile Alarm/Event Notifications Real-time Business Process Orchestration Asset Meta Model Asset Data Synchronization across IT-OT apps Real Time Enriched Analytic Dashboards Resilient Asset Info Management IT-OT Integration Process Orchestration Asset Management Social Collaboration Intelligent Control Center Operational Analytics IT-OT Integration
- 15. June 8, 2016| 15 Confidential | L&T Technology Services LTTS Integrated Asset Management (IAM) Services and Solutions Material & Inventory optimization • BOM preparation • MRO inventory optimization • Material Coding & Cataloguing Asset Data Management • Engineering Data Management • Asset Data build • Engineering Dara handover Operation and Maintenance • Enterprise Asset Management • Field Service Management • Asset Mobility Solutions Predictive Asset Management • IT-OT integration • Predictive Asset Analytics • Mobility with Augmented Reality Asset Performance Management • Reliability Centered Maintenance • Asset Integrity Management • Root Cause Analysis Integrated Asset Management Remote Asset Monitoring Services • RFID, QRC & GIS asset tagging • GIS based Asset Management • KPI and Data Analytics
- 16. The contents ofthis document are the sole and exclusive property of L&T Technology Services. They may not be disclosed to any third party, copied or reproduced in any form or used for any purpose, other than that for which they were provided, without the permission of L&T Technology Services.