What is the difference between AIM and APM?
Asset Integrity Management (AIM) and Asset Performance Management (APM) are concepts that often get confused. Indeed, both focus on enhancing maintenance plans while reducing costs. However, it is necessary to understand which problems they specifically address to visualize the scope of their benefits. In this context, let’s learn about the main differences between these two vital concepts for heavy asset industries. The role of AIM As the name suggests, Asset Integrity Management focuses on the physical integrity of the asset, its purpose is to improve operational safety and maintenance planning. This strategy provides necessary outputs to industries about [...]
What Digital Solutions are being a game-changer to industries
Intro In today’s rapidly evolving world, digital solutions are reshaping industrial standards for efficiency, safety and innovation. They’ve become a game-changer for facilitating multiple industrial and business related tasks such as process automation, anomaly detection, scenario visualization and decision making. This transformation is not merely a trend but a fundamental change that is rebuilding the landscape of industries worldwide. "Digital transformation is not about technology; it's about solving problems. It's about using technology to make our lives better." - Eric Schmidt, former CEO of Google And, on the edge of Industry 4.0, Digital Solutions are [...]
Maximizing Efficiency and Safety in Mining Operations with Asset Performance Management
Intro The mining industry is continuously facing the challenges of equipment downtime, high maintenance costs, and safety risks. These problems can negatively impact a mining operation's productivity and profitability. However, asset performance management has been proven to be of great assistance to address these hurdles. The challenges of Mining Industries Mining operations face a number of obstacles related to the management and performance of their equipment and infrastructure. One of the most significant challenges is equipment downtime, which can occur due to a variety of reasons such as equipment failure, lack of maintenance, or unplanned events. Downtime [...]