ABS Consulting Partners with Hexagon to Empower Industries with Improved Asset Management Solutions

Strategic Partnership Leverages Technology to Help Organizations Achieve Up to 50% Reduction in Maintenance Overtime, Labor and Contractor Costs

(Houston) – ABSG Consulting Inc. (ABS Consulting), a leading global risk management company, and Hexagon's Asset Lifecycle Intelligence Division announced a new partnership to provide industries with advanced technical expertise using Hexagon's HxGN EAM (Enterprise Asset Management) technology.

The strategic partnership leverages ABS Consulting's industry-leading, global expertise in enterprise asset management with Hexagon's cutting-edge digital solutions to help organizations better manage their operating risks with improved visibility into how assets are performing. This added insight from HxGN EAM helps enable organizations to shift from reactive, post-incident assessment to proactive, low-cost asset management, which can deliver a reduction of up to 50 percent in maintenance overtime, labor and contractor costs, as well as up to a 20 percent reduction in downtime.

ABS Consulting will provide comprehensive end-to-end implementation, data solutions and continuous support to help organizations seeking to implement Hexagon's HxGN EAM technology ensure seamless integration.
Tim Gilmer, ABS Consulting's Director of Reliability Services, said, "We specialize in helping our clients align their unique operational needs with software solutions that help improve asset performance. Our strategic partnership with Hexagon will be instrumental in advising clients on their journey to operational excellence."

"We are proud to partner with ABS Consulting," said Glenn Boyko, Hexagon's Director of Strategic Partnerships and Alliances. "As a cloud-native asset management solution, HxGN EAM is designed to extend asset lifecycles and improve productivity. Collectively, we will continue to help clients minimize risk, reduce costs and strengthen asset sustainability."

Learn more about our Enterprise Asset Management Services and Implementation Solutions.

About Hexagon

Hexagon is the global leader in digital reality solutions, combining sensor, software and autonomous technologies. It puts data to work to boost efficiency, productivity, quality and safety across industrial, manufacturing, infrastructure, public sector, and mobility applications.

Hexagon's technologies are shaping production and people related ecosystems to become increasingly connected and autonomous – ensuring a scalable, sustainable future.

Hexagon's Asset Lifecycle Intelligence division helps clients design, construct, and operate more profitable, safe, and sustainable industrial facilities. We empower customers to unlock data, accelerate industrial project modernization and digital maturity, increase productivity, and move the sustainability needle.

Our technologies produce actionable insights that enable better decision-making and intelligence across the asset lifecycle of industrial projects, leading to improvements in safety, quality, efficiency, and productivity, which contribute to Economic and Environmental Sustainability.

About ABS Consulting

ABSG Consulting Inc. (ABS Consulting) is part of ABS Group of Companies, Inc. (www.abs-group.com), a global leader in safety and risk management for critical infrastructure worldwide and a wholly owned subsidiary of ABS (www.eagle.org), one of the world's leading marine and offshore classification societies. With over 50 years of risk management and safety experience, ABS Consulting provides engineering, data science, and management consulting services globally to help our clients manage their safety, security, and operational risks. Headquartered in Spring, Texas, ABS Consulting operates with more than 700 professionals across the globe serving the marine and offshore, oil, gas and chemical, government, power and energy and industrial sectors.