Asset Performance Management
Unlocking Predictive Power: How Bayesian Networks Enhance Maintenance Decision-Making
Interview with Erik Hostens, Senior Researcher at Flanders Make
At the upcoming Asset Performance Conference, Erik Hostens, researcher at Flanders Make, will demonstrate how Bayesian networks can significantly reshape maintenance strategies in asset-intensive industries. In this article, Hostens walks us through the science and real-world value of applying probabilistic models to predict Remaining Useful Life (RUL), optimize maintenance timing, and manage associated risks and costs.
5 Traps to Avoid When Selecting Asset Performance Management Software
The market is saturated with software that promises to improve asset performance and reduce or eliminate downtime. Whether it brands itself as asset performance management, predictive maintenance, reliability centered maintenance or condition-based maintenance software, all seem indistinguishable from each other.
What is the impact of measurement accuracy on plant performance?
IntroductionIt is a common understanding in production facilities that assets…
How climate activism has sneaked into our daily lives… and is here to stay!
Smart use of information, innovation and available energy is the basis for the current digital and energy transition. Asset Performance 2023 welcomes Kurt Vandeputte, Senior Vice President of Battery Recycling Solutions at the Belgian company Umicore, to talk about these trends and principles at Umicore.
Standardised maintenance departments make Agristo future-proof
Agristo won the ‘Technical Team of the Year’ award from BEMAS thanks to a successful implementation of Ultimo and standardisation of maintenance at group level.
TotalEnergies’ approach to shutdowns and turnarounds in an ever-changing market
In the current energy market, TotalEnergies, like all the other major energy companies, books good operating results. Previously, the coronavirus pandemic weighed heavily on the operating results but didn’t disrupt day-to-day operations or planned turnarounds and shutdowns. We spoke with Jos Vermylen, plant manager of the refinery, and José-Manuel Araujo, director turnaround.
The essence of… Asset Performance Management
Asset Performance is a measure of the asset’s capability to perform each required function. In short, it is what the business owner wants the asset to do in a safe and, of course, a reliable way.
Opportunistic Maintenance: A Newer Name to Good Practice
In the realm of maintenance policies, opportunistic maintenance may sound like an outsider. Indeed, recently, looks have been focused on Reliability-Centered Maintenance (RCM), Total Productive Maintenance (TPM) and predictive maintenance or even prescriptive 4.0 maintenance as most up-to-date common good practice, but it would be a mistake to overlook the benefits of opportunistic maintenance.