Asset information directly impacts efficiency and performance when it comes to daily safety, finance, operations, maintenance, and engineering decisions. Each of these decisions is dependent on the quality and availability of high-quality asset information.
According to the Insitute of Asset Management, many process companies have invested heavily in asset information systems and data gathering to help manage their assets and improve overall efficiency and performance. Despite very significant expenditure, many businesses complain that benefits have been slow to be delivered, are difficult to quantify and their asset managers still say they do not have access to the information they need.
The key challenge for companies is managing asset and information across different formats, applications, and repositories to ensure availability, completeness, accuracy, compliance, and consistency over the life of an asset.
Poor asset information contributes to asset failure, value leakage, and risk of incidents. ReVisionz understands the unique challenges management faces, the frustrations your technical staff encounter, and the value a robust asset information system offers.