Asset intensive organizations depend on physical assets to produce and deliver goods and services to the marketplace. These assets must be tracked, managed and serviced to deliver optimal value and support critical business functions. However, managing these physical assets can present unique and substantial challenges—largely due to the critical nature of the assets themselves. Additionally, the consequences of under-management and reactive management of assets can be even more severe, with un...

The oil and gas industry is experiencing its third price collapse in 12 years. After the first two shocks, the industry rebounded, but this time is different. The COVID-19 crisis accelerates what was already shaping up to be one of the industry’s most transformative moments. So, what can you do, to help improve safety and reliability, while controlling costs?

Extensive and complex networks of underground infrastructure – water, sewer, or natural gas, telephone, and fiber-optic lines are a part of the underground around the world. As more infrastructure goes underground, the underground network is becoming more complicated, making accurate identification of each element more and more difficult. Since utility workers are unable to see buried assets directly, they rely on maps and information provided by others, and some of that information is antiquat...

First, ask yourself: when it comes to the important task of maintaining high-quality job plan data, does your solution make it convenient, easy, and fast? Dynamic job plans have the option of defining resources needed to perform work with either a static, proportional, or level methodology. Users can simulate new work based on the new options to determine the accuracy of their work and make and adjustments as needed.

Maximo Asset Management Scheduler software enables you to view and schedule work orders and tasks, with better prioritization, optimal resource usage, decreased asset downtime and efficient work planning.

Over the last 50 years, augmented reality technology has reshaped the way we consume content in the real world. In many ways, it may seem like we’re just getting to know about it, but it was actually invented all the way back in 1968, with Ivan Sutherland’s development of the first head-mounted display system. However, the term ‘augmented reality’ wasn’t coined until 1990 by Boeing researcher Tim Caudell.

There are many reasons for the increased demand for better asset management. Implemented well, asset performance management (APM) can do more than improve maintenance. By connecting systems across your enterprise, it can deliver insights to optimize operations, safety, and drive financial results.

Augmented reality saw its record growth in 2019. Support for AR is positioned to be strong, with big tech names like Microsoft, that introduced HoloLens 2 glasses, which you can also try at TROIA (scroll to the bottom of the page). As of May 2019, the installed user base for AR-supporting mobile devices reached 1.5 billion. Industry players in the augmented reality world expect 2020 to be a year marked by an uptick in the pace of industry growth.

Save the dates for TROIA webinars and join us in exploring AR (augmented reality) and EAM (enterprise asset management).

Last week, the Augmented World Expo (AWE) took place in the form of an online event. Considering our own AR solutions development, we attended the event – to learn and to update our knowledge as well as share it.