The Asset Strategy Library (ASL) Release 12 (R12) is the world’s most comprehensive library of equipment failure modes (FMEA) and risk mitigation strategies (PM Templates) for asset-intensive industries and sets a new standard for Asset Performance Management (APM).
CORRALES, NM (PRWEB) APRIL 16, 2013
Asset Performance Technologies, Inc. (APT) announced today that it has released the Asset Strategy Library (ASL) Release 12 (R12) to its customers and partners. R12 includes 58 new and 6 updated equipment types. According to Mark Benak, CEO, “We are quite excited about this release which offers Combustion Turbines (CTs), Heat Recovery Steam Generators (HRSGs) and auxiliary equipment, resulting from our current data collection efforts with the Electric Power Research Institute (EPRI).”
The APT Asset Strategy Library (ASL) has its origins in the U.S. nuclear power industry. Additionally, the APT ASL has been used successfully in the Oil and Gas, Mining, Pulp and Paper, Food and Beverage and other asset-intensive industries. R12 includes 472 asset strategy templates, comprising:
33,000 Failure Modes, Degradation Mechanisms and Influences (FMEA)
3,200 PM Task and Interval Recommendations (PM Strategies)
102,000 As Found Reportable Conditions (Failure Codes)
that address a broad range of infrastructure equipment (e.g. pumps, valves, motors, and compressors) and are universally applicable to nearly all industries.
The ASL R12 is the world’s most comprehensive library of asset strategies for industrial equipment and is not simply a collection of results from single Reliability Centered Maintenance (RCM) analyses, dependent on the particular operating context of the equipment under analysis. Rather, the ASL knowledge was captured from Subject Matter Experts (SMEs), representing over 19,000 man-years of experience, across multiple plants and industries over the past 17 years with consistent, expert facilitation by APT’s founders. The ASL recommendations are valid for the complete range of known operating conditions. The operating context for your plant’s equipment is then defined by the selections of Functional Importance (a.k.a. Criticality), Duty Cycle, and Service Conditions. With PM task effectiveness mapped to each failure mode, the ASL sets a new standard for Asset Performance Management (APM) in asset-intensive industries. Meridium APM customers can purchase the APT ASL for use in a variety of Meridium products. Ivara EXP customers can purchase the APT ASL from the EXP Cloud.
About Asset Performance Technologies
Asset Performance Technologies, Inc. (APT) produces the revolutionary PRO-M maintenance solution that combines unique optimization software with the APT Asset Strategy Library (ASL), the world’s most comprehensive library of asset strategies for industrial equipment, to rapidly optimize any PM program. PM Template Reports from the ASL are also available at http://www.pmtemplates.com. PRO-M and the ASL set the standard for PM Optimization by dynamically adjusting to changing operating conditions, plant requirements, and market economics. They can be used either as standalone solutions or to support corporate PM improvement efforts.