Reducing Refinery Downtime with IBM Smarter Asset Management for Oil and Gas
IBM® Smarter Asset Management for Oil and Gas gives oil and gas companies direct visibility into asset usage and operational health. It helps executives and managers make decisions that are based on accurate, up-to-date reports of the running conditions and performance of their most critical assets. It also includes predictive analytics features that can help companies get ahead of the curve in terms of plant maintenance and turnarounds.
By combining sensor-based condition monitoring with advanced analytics, Smarter Asset Management for Oil and Gas delivers data-driven insights to aid in daily operations, shutdown and turnaround management, and regulatory compliance. It helps reduce asset downtime by ensuring maintenance is performed exactly (and only) when needed, and increases overall productivity, which increases operational equipment efficiency (OEE).
The solution delivers the following vital functions:
- Traditional asset management