A safe asset is a reliable asset, and a reliable asset depends on sufficient equipment management strategies and risk mitigation barriers being put in place and adhered to through a systematic approach to asset management.
To achieve this, companies must consider harnessing technology advances. With mass redundancies and cost cutting initiatives occurring all over the world in the wake of COVID-19, a transition to utilizing and adapting to “Industry 4.0” technology is more critical now than it ever has been.
Utilizing Industrial Internet of Things (IIoT) and smart and autonomous systems to manage and control change, processes and people is key to the sustainability of a business but to also ensure our operations are safe, efficient and profitable.
Peter Adam, Executive Vice President at Add Energy sits at the cutting edge of “Industry 4.0” through his commitment to research and development of technology and innovation initiatives designed to help safeguard asset integrity amid a cost-conscious environment. Peter was recently invited to deliver a virtual presentation at a Middle Eastern Operational Excellence conference to present his thoughts and advice on this topic to over 150 senior asset management delegates.
This presentation is now available to download for free.
To gain access to insights on:
- The common reasons why effective asset integrity management fails and the impact this has
- Classic symptoms that are typically linked to low efficiency across people, plant and process
- Leveraging master data excellence to unlock efficiencies and set “Industry 4.0” initiatives up for success
- Game changers and proven “Industry 4.0” initiatives for asset management designed to safeguard asset integrity