In the face of low prices and a seemingly permanent state of flux, increasing numbers of companies in the oil and gas industry are turning to predictive analytics and maintenance, among other such cutting-edge technologies, to protect their margins. Discover how innovation, driven by need, is
Edward Nickolite, IT Manager at DTE Energy, discusses how IBM Maximo Asset Management is helping DTE Energy to transform from preventive maintenance to predictive maintenance. DTE Energy also uses IBM Maximo Asset Management for Transportation to manage their vehicle fleet by integrating telematics
The latest standard, ISO 55000, is gaining wide acceptance in a variety of industries. Organizations that support ISO 55000 can use it to help manage assets to improve customer service, increase return on assets, enable greater compliance, boost asset performance and reduce risk.
The Internet of Things is enabling cost-efficient implementation of condition-based maintenance for complex assets such as electric transformers or wheel bearings on rolling stock, for which maintenance costs are high and whose failure can create significant safety, environmental or economic risks.