New software release to optimize plant performance
In July, this organization launched the latest release of its AllAssets, adding significant new functionality to the AllAssets Asset Performance Management (APM) platform with the addition of a Maintenance Optimization module. The software includes RCM, FMEA, FMECA and maintenance-optimization capabilities and libraries. The company’s approach to APM brings together facility-specific asset data and engineering expertise with industry best practice. The platform’s sophisticated, risk-based algorithms and library of extensive engineering knowledge across reliability and maintenance optimization enable users to determine the most effective maintenance strategies. With the tool, maintenance costs can be reduced by up to 30%, says the company. — Lloyd’s Register, London, U.K.