Asset Reliability Software & Services

Reliability solutions offer a unique value proposition in that the information generated is applicable to all levels in the organization, from the plant floor to the C-suite.  A true enterprise level reliability software solution collects, consolidates, analyzes, and correlates disparate data sets into a single information system such that all levels in the organization have access to a single version of the truth on which to base maintenance and production related decisions.  As a tool in the asset performance management toolbox, reliability software and services enable enterprises to optimize asset availability and utilization for the purpose of mitigating exposure to risk. 
 
The convergence of a number of factors is the impetus behind the current interest in reliability software and services.  Increases in the amount and complexity of plant assets employed in manufacturing are the primary factor as the lines between work management and IT become blurred.  Enterprises are placing greater emphasis on risk management as means to limit their exposure to adverse events.  Add to this the growing shortage of skilled technicians to operate and maintain assets, and a “perfect storm” begins to materialize.

Strategies vary for reliability software and services as not all suppliers provide both.  Nevertheless, the prospects for both are extremely bright as manufacturers in industries across the board seek to get the most from their assets. 

 

 

 

 

 

 

 

 

Profiles for the major suppliers servicing this market are included.  Each profile reviews the company’s business, products, and services as it applies to this market segment.  Suppliers profiled include 24/7 Systems, ABB, Advanced Technology Services, Allied Reliability, ARMS Reliability, Asset Performance Technologies, Emerson Process Management, Genesis Technology Solutions, GPAllied, IDCON, IFS, Insert Key Solutions, Isograph, Item Software, IVARA, JMS Software, LAI Reliability Systems, Life Cycle Engineering, MRG Solutions, Meridium, MxStrategies LLC, Performance Consulting Associates, Reliability Management Group, Reliasoft, SKF Reliability Services, Strategic Asset Management Inc. (SAMI), Strategic Corporate Assessment Systems, ThinkReliability, Timken Company, The Woodhouse Partnership.