Significant Increases to Asset Management Portfolio At Bentley

Significant Increases to Asset Management Portfolio At Bentley

by | Feb 16, 2015 | Asset Performance Management, Automation, News, Operations Management, Safety

Asset management, analytics, modeling, safety—some of the significant trends highlighted at last week’s ARC Industry in Transition Forum in Orlando—all popped up at the Bentley Systems press conference session. Highlights were acquisition of C3global and its Amulet Operational Analytics, acquisition of Acute3D and its reality modeling solution, and added process safety and risk management capabilities.

Operational Analytics

Bentley Systems has acquired U.K.-based C3global, provider of web-based Amulet software for operational analytics. Bentley’s AssetWise platform, which serves configuration management, asset health monitoring, inspection, maintenance, and compliance for infrastructure assets, can now deliver additional actionable insights as asset performance management is extended, through AssetWise Amulet, for asset performance modeling. AssetWise Amulet offers unique value in applying predictive and prescriptive analytics that are easily configurable at industrial scale to leverage just-in-time data for improved operational efficiencies.

Gartner recognizes C3global as part of the industrial analytics transformation helping digital businesses (as noted in Gartner’s “Industrial Analytics Revolutionizes Big Data in the Digital Business” report [G00264728], published August 19, 2014). Among the many infrastructure owner-operators benefiting from Amulet operational analytics are water utilities, oil and gas, and power transmission grids. User organizations include Babcock, BP, Chevron, Danfoss, Emerson, MWH, National Grid, South Australian Water, and Total.

AssetWise Amulet can be readily configured to build sophisticated applications tailored to infrastructure operations needs without having to know a programming language. It bridges the gap between information technology (IT) and operational technology (OT), enabling advanced analytics to be an integral part of all aspects of the business process. Through AssetWise Amulet’s interactive and easily configurable operational dashboards, owner-operators are provided with the context they need to be confident in their decisions and are afforded an easy method of measuring and managing the outcomes.

AssetWise Amulet is designed to integrate and analyze “big data” generated by a wide range of external applications and systems – from SQL or Oracle databases to enterprise data warehouses, industrial data historians, and control systems, as well as maintenance and work order management systems. The data can be structured or unstructured and include systems data, photos, video, log books, Microsoft Excel files, event failures, scanned notes, witnessed events, and more.

Once data from the IT and OT systems has been captured and aggregated, the software applies the users’ business rules, models, and knowledge to provide an improved view and understanding of operational performance for decision support. In conjunction with AssetWise-certified integrations to SAP EAM, IBM Maximo, and Oracle eAM, AssetWise Amulet will help drive the right actions at the right time, reducing operational risks and improving operational efficiency.

Reality Modeling

Bentley Systems also announced that it has acquired France-based Acute3D, provider of Smart3DCapture software for reality modeling. Through reality modeling, observations of existing conditions are processed into representations for contextual alignment within design modeling and construction modeling environments. Rapid technology advancements in scanning and photography – and especially the burgeoning application of unmanned aerial vehicles (UAVs) for these purposes – are making the capture of such observations broadly and continuously affordable in sustaining infrastructure.

Acute3D software automates the generation of high-resolution, fully-3D representations from digital photographs taken with any camera, whether highly specialized or embedded in a smartphone. Scalable from site to city, and with precision limited only by the quantity and quality of photography, Acute3D technology can assure that existing conditions are contemporaneously considered throughout the architecture, engineering, construction, and operations of any infrastructure asset. Now that photo sequences from UAVs are likely to become the most feasible source for surveying, construction monitoring, and inspection workflows, Acute3D’s industrial-level accuracy and unlimited scalability are making it a preferred technology for UAV manufacturers and professionals around the world.

Process Safety and Risk Management

AssetWise APM V7.3 the enhanced version of Bentley’s asset performance management (APM) offering – an all-in-one analysis and information management software platform for asset reliability and asset integrity – now also advances process safety.

Alan Kiraly, Bentley senior vice president, server products, said, “Our AssetWise APM V7.3 meets the demanding requirements of reliability, integrity, safety, and maintenance managers and engineers in industries ranging from oil and gas, petrochemical, and mining and metals to power generation and other utilities. The software ensures assets are safe and reliable and that they are inspected and maintained to reduce or eliminate risk. Users further benefit from the elimination of unexpected downtime, increased asset availability and utilization, reduced maintenance costs, and support for regulations and safety standards, including ISA 84, IEC 61511, IEC 61508, and IEC 61882.”

AssetWise APM V7.3’s new process safety features help users manage the integrity of safety systems and hazardous processes, thereby preventing failures and catastrophic incidents and keeping people, assets, and the environment safer. Capabilities include safety instrumented function (SIF) analysis, safety instrumented systems (SIS), safety integrity level (SIL) and safety provisions, overrides, and incidents. AssetWise APM V7.3 also provides version control and approval, the analysis of loss of containment scenarios, and the identification and assessment of risks at the system level, as well as for related assets (risk matrix).

 

Significant Increases to Asset Management Portfolio At Bentley

Enhanced Asset Insights Drive Targeted Production Improvements

by | Feb 13, 2015 | Asset Performance Management, Automation, News, Operations Management

Asset performance management joined the Industrial Internet of Things as a key topic at the 2015 ARC Forum in Orlando. Here is a release from Meridium that reflects many of the trends—data collection, analysis, configurable display, mobility.

Meridium Inc., global supplier of asset performance management (APM) software and services, announced the availability of Asset Answers V2.0. The company claims this as the only cloud-based asset performance diagnostics solution that provides comparative analytics, delivering instant visibility into asset data, and supplying organizations with the insights to drive safer, more informed, and more profitable decisions.

Asset Answers 2.0 delivers next-generation APM insights into industrial assets and their health and overall performance, an improved user interface that includes dashboards and enhanced mobility on a variety of handheld devices that provides true anywhere/anytime availability. Since the introduction of Asset Answers to the market, more than 130 sites in the Petrochemicals, Oil & Gas, Power & Utilities, and Manufacturing industries rely on Asset Answers to support continuous improvement initiatives with the ultimate goal of achieving operational excellence.

For example, Dow Chemical was able to collect and analyze reliability audit report data for 25 production units across 4 plants in less than 1 day, saving 175 man-days of effort and remain focused on cost, availability, and reliability optimization for the company. Another Asset Answers client, Profertil, reduced costs for 30 straight months and was able to readily identify and highlight savings of $900,000 and counting.

According to Roy Whitt, Senior Vice President and General Manager for Asset Answers, “For organizations in asset-intensive industries, Asset Answers 2.0 uncovers the true cost, reliability and availability of asset groups and individual pieces of equipment with the click of a mouse. Subscribers can easily view performance criteria across sites and benchmark themselves anonymously against global industry peers. Combining data mining and preconfigured metrics, reliability engineers can investigate equipment data to identify assets that represent the best opportunities for improving maintenance costs and reliability. With access to the objective truth about asset performance, management can act with confidence to intelligently cut costs while increasing production, especially in times of shrinking margins.”

Asset Answers can identify and evaluate better performing equipment manufacturers and highlight predominant failure modes for specific equipment models. With this analysis, Asset Answers also can create opportunities for equipment improvements and automatically track the savings these improvements have provided.

Whitt also added that, “Asset Answers uses comparative analytics or ‘intelligent benchmarking’ that enables organizations to conduct ‘apples to apples’ comparisons of industrial equipment in production units across multiple plants within an organization. That same information helps organizations compare the relative performance of their assets against industry peers to gain a deeper understanding and a competitive advantage, optimize total cost of ownership (TCO) for critical assets and make better asset purchasing decisions.”

This approach both improves collaboration between Reliability, Engineering & Maintenance and also enables continuous and systematic improvement of operations and production output over time. Benefits of Asset Answers 2.0 include:

  • A proven, systematic and secure approach to continuous improvement and Operational Excellence
  • Improved plant and operator safety
  • Mitigated operational and financial risk
  • Improved insight into non-financial performance
  • Lower asset total cost of ownership (TCO)

 

 

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