White Paper Overview:
Many owner operators in the oil and gas, petrochemical and power generation industries encounter issues with their asset data — whether it be through spreadsheets, asset integrity management (AIM) systems, inspection data management systems (IDMS), legacy inspection software, or otherwise. Most often, it comes down to data: they will have issues retrieving all of the data out of a system or into it. Perhaps it’s access-only privileges, which is limiting data entry and continuity. Other times it will be out of date software that has sat around for a decade but hasn’t kept up with the evolving technology and digitalization of current times. Sometimes databases are simply showing their age, while others have been completely discontinued. Another common issue is the information silos that are created when too many different systems are being used — some for inspections, another for risk based inspection, or different systems at different sites — or when integration with other legacy systems such as ERP/CMMS/SAP are not possible.
Issues like these can create costly issues when data is difficult to access or maintenance resources are wasted on the wrong assets. It can be valuable for operators to take the time to compare the current database setup with what else is out there in the market, and what kind of technology would help extract more value from their data. Often, the most cost-effective solution with the quickest return is to transition to a more feature-rich, innovative asset integrity management software or mechanical integrity software with a centralized, digital database.
How exactly is that done? What does it cost? What are the options?
This whitepaper attempts to answer those questions and more. It will provide insight on:
- The specific challenges operators can run into with outdated or discontinued legacy inspection software;
- The latest solutions and asset integrity management software types available, including integrated features such as risk based inspection, digital twin, and inspection data management on a single database;
- A road map for how to transition to a new system (including how to assemble the right team, maintenance compliance, data integration, data mapping, and training); and
- A cost-benefit analysis.