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The Asset Management Council of Australia’s upcoming virtual Maintenance & Reliability Summit happening on the 22 July includes a presentation on the 10 Best Practices in Reliability Information Management.

Many businesses underestimate the strategic benefits that maintenance and reliability can bring and the importance of optimising maintenance management as part of an organisation’s corporate strategy.

With changing market conditions, companies need to address reliability information management as a strategic priority to maintain their competitive position, to shift maintenance away from unscheduled outages to optimised planned outages, thereby improving overall reliability and thus profitability.

The talk will highlight effective reliability information management through an Intelligent Asset Management framework focused on harnessing data, application of appropriate quantitative and qualitative analytical techniques and presenting information in simple and effective ways to support evidence-based decision making from operations to executive level.

This and more at the AMCouncil 22 July Virtual Maintenance & Reliability Summit. For more information and to register, visit the following link.

On Thursday 5^th July 2018, Dr Yvonne Power, Principal IMPOWER TECHNOLOGIES® (IMPOWER™) presented at the Fourth European Conference on Prognostics and Health Management (PHME18) hosted in Utrecht, The Netherlands.  The Prognostics and Health Management Society (PHM Society) is a non-profit organization dedicated to the advancement of PHM as an engineering discipline.  The conference brings together the community of PHM experts from industry, academia and government in diverse application areas such as energy, aerospace, transportation, automotive, defence, manufacturing, mining, rail and industrial automation.

Dr Power’s presentation focused on strategies for automated, predictive monitoring and diagnosis incorporating advanced intelligent systems technologies for large scale assets across the energy and natural resources sector.  It examined the selection of appropriate data (not just ‘big data’), sensors, algorithms (not just ‘machine learning’), platforms, analytical tools, visualisation and ERP/CMMS integration for sustainable, scaleable, supportable, fully automated monitoring and diagnosis in an industrial setting.  The emphasis was on the development of algorithms that continue to provide benefits over the long term and across the life of the assets.

Dr Power finished with a case study, a world first mining application of automated root cause analysis to automatically detect, identify and isolate the root cause of equipment, process and control issues across a mining and minerals processing operation.  The case study incorporates causal graphs which show the causal relationships between faults and their progression across the supply chain, whereas current platforms on the market mainly rely on statistical or machine learning models to detect and identify failures.

No conference is complete without an industry visit, this time, to Air France Industries KLM Engineering & Maintenance depot in Amsterdam.

Dr Yvonne Power (far right) and with delegates from PHME18 at Air France Industries KLM Engineering & Maintenance depot, Amsterdam, The Netherlands

Dr Power specialises in introducing intelligent systems across the resources sector for asset management, maintenance and operations.  She has a PhD in Integrated Process Operations Management and has worked nationality and internationally on intelligent Asset Performance Management (iAPM) focusing on platform development, guiding technology developments as part of a technical steering committee and successfully introducing advanced and award winning Asset Health and Integrity Management Solutions into operations such as iron ore, uranium, gold, alumina, coal, civil (process and non-process) infrastructure, hydroelectric power generation and rail.

For further information on our advisory services contact IMPOWER™.