Concurrent 22. Presentation for: Integrated Asset Performance Management: a true, holistic view of asset health and risk
Chris Engdahl A * and David Hattrick B *A Baker Hughes, Sydney, NSW, Australia.
B Baker Hughes, Perth, WA, Australia.
The APPEA Journal 62 - https://doi.org/10.1071/AJ21383
Published: 3 June 2022
Abstract
Presented on Thursday 19 May: Session 22
The benefits of optimised operational asset effectiveness are compelling; however, deployment of Asset Performance Management (APM) platforms has often been handicapped by organisational demarcation, localised APM ‘heroes’ driving for success against the headwind of a reactive business culture and ongoing erosion of corporate operational asset knowledge. Increasingly, APM initiatives are also overrun by the increasing scope of corporate ‘Big Data’ projects, whereby data volume rather than informational context inadvertently becomes the objective. Execution of maintenance strategies is one of the single biggest influencers on asset performance, and optimising that program requires accurate insight into the constantly changing operating context, environment and asset health. Asset maintenance plans need to change dynamically, ideally updating in real time. Integrated APM harmonises the asset management functions, which may otherwise sit in independent silos, including reliability strategy, asset health, root cause analysis and defect elimination. Integration ensures consistency and standardisation in policies and strategies, accelerating improvement and enabling corporate learning and best practice to propagate. This paper illustrates how edge data processing, Industrial Internet of Things (IIOT) connectivity and cloud computing come together to deliver real outcomes for innovative enterprises. Plant-wide data systems that link failure-mode specific data sets directly with asset strategy, lead to faster root cause determination, work planning and execution. Practical examples of where this crucial step of parsing machinery information according to operating context and known failure modes drives tangible benefits within the integrated APM process are discussed. Well-considered technologies, policies and practices will deliver predictable, optimal asset performance and the ensuing business benefits.
To access the presentation click the link on the right. To read the full paper click here
Keywords: APM, asset health, Asset Performance Management, asset strategy, Big Data, condition monitoring, digitisation, integrated APM, machinery analytics, online monitoring.
Chris Engdahl, Application Solution Architect, Baker Hughes. Responsible for supporting Bently Nevada sales and service teams to implement the right technical solutions to meet challenging asset monitoring applications. Chris has 30 years of experience in Machinery Diagnostics and Plant Asset Management for energy, O&G, and related industries. Experienced in experimental stress analysis and data acquisition methodologies, he joined Bently Nevada in 2001 as a machinery diagnostics engineer. Chris has a degree in Mechanical Engineering from the University of Sydney and currently resides in Sydney, Australia, with his family. |
David Hattrick, Strategic Account Executive, Baker Hughes. David joined Baker Hughes following the ARMS Reliability acquisition in April, 2021. He has worked in senior management, sales, marketing and business development roles focused on asset-intensive businesses over the past 35 years. His prior employers include Innovapptive, GE, Oracle, IBM, SAP, Ernst & Young, Sun Microsystems, Hewlett-Packard, CSIRO and Westinghouse. He has delivered solutions to his clients spanning finance, capital projects, exploration, production, asset management, logistics and supply chain functions. David studied Arts, Commerce, Law at the University of Queensland and has completed numerous management and professional development courses throughout his career. He also invented the surfers’ legrope starting a global surfing business PipeLines in the 1970s and is credited with the innovation of imbedding HTML in emails to create hyperlinks at the outset of the Internet in 1995. |
