May 2013

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HP Integration Strategies: Asset information management improves life cycle benefits for equipment

Traditionally, the various production management and asset management systems in the hydrocarbon processing industry (HPI) and other heavy industries resided in silos with separate management, archite..

Rio, R., ARC

Traditionally, the various production management and asset management systems in the hydrocarbon processing industry (HPI) and other heavy industries resided in silos with separate management, architecture and technologies. Asset performance management (APM) involves collaboration among production and maintenance groups to improve execution with higher productivity, reduced risk and improved return on assets (ROA). The asset and production management systems have large amounts of data and information that can be used for optimization across these systems. Result: Improved performance for both maintenance and operations. Asset information management (AIM) provides the means for optimization

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