Digital Solutions for Asset Management: Understand Your Risk with the Asset Risk Analyzer™

Do you have a big-picture view of what’s happening to the assets across your organization?

Without the proper risk assessment techniques, or the critical data needed to guide the decision-making process, organizations often find themselves without a holistic Asset Performance Management (APM) solution that supports the full asset lifecycle.

So, where should you start to avoid this common pitfall? Risk and criticality assessments can help you determine an organizational plan, optimize your resources and manage the supply chain. In this webinar, we'll explore and demo the Asset Risk Analyzer™, a new solution that analyzes maintenance history, calculates operational risk and identifies assets not performing to industry benchmarks.

Designed for risk, reliability and maintenance professionals, the solution analyzes data across large populations of assets and calculates the operational risk due to equipment failure. The insights generated help asset managers prioritize and justify improvement efforts by answering key questions such as:

1. Is my current asset performance aligned with industry norms?

2. Which assets are likely to fail during my next planning or production cycle?

3. What assets will drive the biggest impact if performance is improved?

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Presenter

Tim Gilmer, Director of Reliability Services, GenesisSolutions

Tim Gilmer leads the Reliability Engineering Services organization at GenesisSolutions, an ABS Group company, where he has worked with Maintenance and Reliability leaders in the Pharmaceutical Industry to minimize asset failures and increase operational uptime. Tim brings over 25 years of experience working with FDA-regulated organizations to improve their asset reliability and has been involved with implementing Reliability Programs and critical tools such as CMMS systems across multiple industries.

 

Joe Nichols, President, ITUS Digital

Prior to co-founding Itus Digital, Joe was the COO, VP Product Strategy at GE Digital, where he oversaw strategic growth planning, managed the software portfolio strategy, and ran key functions including Product Marketing, Business Unit Digital Solution Management, and Business Operations. He came to GE Digital through the acquisition of Meridium, where he spent 21 years driving the creation and go-to market strategies of innovative Asset Performance Management solutions adopted by world-class industrial organizations. Joe received his Bachelor’s Degree in Management of Information Systems from Radford University.

 

About ABS Group

ABS Group of Companies, Inc. (www.abs-group.com), through its operating subsidiaries, provides technical advisory and certification services to support the safety and reliability of high-performance assets and operations in the oil, gas and chemical, power generation, marine, offshore and government sectors, among others. Headquartered in Houston, Texas, ABS Group operates with more than 1,000 professionals globally. ABS Group is a subsidiary of ABS (www.eagle.org), a leading marine and offshore classification society.