The Financial and Safety Case for Embedding RBI in Your IBM Maximo Solution

1. Working together
for a safer world
RBI Embedded within your Enterprise Asset Management Solution
The Financial and Safety Case for Embedding
RBI in Your IBM Maximo Solution

2. Asset Intensive Industry Goals
To improve
• Improve uptime
• Asset longevity
• Safety and Risk Management
• Improve yield
• Cost control
To achieve
• Safe operations
• Profit and ROI
• Balance long/short decisions
• Sustainability
• Regulatory

3. WHY RBI?
The right insights, to make the
right decisions, to keep assets
“under control” (operating
within set boundaries for
business performance, safety,
and compliance) at all times

4.  Reduce unplanned
downtime
 Reduce failures, specifically
HSE and catastrophic ones
 Aging plant with unknowns
 Balance long range
improvements with quick
wins
WHY RBI?

5. Challenges with existing Risk Approaches
Typically look backwards at failures vs. predicting and mitigating. Narrow
view. What you’re doing now, how do we get you to world class?
Lack engineering expertise in-house; start from scratch with reliability
models every time
Ability to close the loop between recommended actions and actual
performance

6. Challenges with existing Risk Approaches

7. Compliance
Manager
Embedded within
Root Cause
Analysis
Predictive
Modeling
Reliability
Centered
Maintenance
Industry
Libraries

8. Introducing RBI
Embedded within

9. Why we’re a good fit and position to address these challenges

10. We’ve done
this before
• First to make integrated RBI system, often ahead of standards
• Existing RBI and APM Software (RBMI, strEAM+ and Optimizer)
• Innovative library approach accelerates time to value 50-80%

11. The solution
Trust, Integrity,
Value, Insight
Experience (content)
Models and Libraries
Experience
APM software
Monitor
compliance
Leverage
EAM
Investments
Connect
silos
Common UI
Library of RBI Models
but can build your own
Developed on IBM
Maximo Platform
Shared
data &
platform
Compliance
Monitor
Embedded

12. Stored in and performed in Maximo throughout asset life cycle
Design
In-Service
Construction
Decommission
Risk-Based
RBI
RCM
Optimize
Time-Based
Run to Fail
CM’s
PM’s
MOC
Spares
Plan
Work
Order
Job Plan/
Details
Execute
Inspection
Maintenance
Telemetry
Analyze
Failure/RCA
NCR
Compliance
Trending
Condition-Based
Asset Management Strategy
Safety
Work pack
Improve
Maximo
LR Modules
Broadsword
FMEA
Libraries
SME

13. Sustainable solution over time
Time
Risk
Acceptable Limits
Traditional Approach
The cost and effort to manage
risk increases significantly over
time
Decrease effort/cost,
increasing knowledge
Plan
Do
Check
Update
Plan
Do
Check
Update

14. The Financial Case
EAM
RBI
Inspection
Management
RCM
As-Is
• Disparate Systems
• Costly Integration
• Redundant or Missing
information
• Not connecting workgroups
• Engineering knowledge
erosion

15. The Financial Case
Maximo/SAP
Analysis
Inspection
Management
RBI To-Be
• Leverage EAM investments
• Single Data Source
• Strategic and Tactical
decision making
• Right information to the
right person
• Knowledge retention

16. The Safety Case…..
What if you could
• Quantify your HSE risk…
• Predict failures…
• Focus resources…
• Continuous improvement…
• In your EAM system…

17. Solution Demonstration

18. LR Integrity Management flavors
Standalone
Embedded in SAP
Embedded in IBM Maximo

19. Deployment options of standalone solution
LR Hosted
Software as a Service (SaaS)
Installed on customers premise

20. Summary
• Proven approach with preconfigured
models, though customers can
developer their own
Time to Value
• Predictive models
• Optimal life performance of the asset
Focus limited resources on
most important items
• Leverage existing EAM investments
• Reduce cost of ownership
Integrated processes that
generate maximum

21. Lloyd’s Register and variants of it are trading names of Lloyd’s Register Group Limited, its subsidiaries and affiliates.
Copyright © Lloyd’s Register Energy. 2015. A member of the Lloyd’s Register group.
Jarret Reeves
Asset Integrity Systems Product Manager
Lloyd’s Register Energy
T +1 281-649-2226
E jarret.reeves@lr.org
Working together
for a safer world