The Asset Strategy Library (ASL) Release 11 (R11) 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) MAY 31, 2012
Asset Performance Technologies, Inc. (APT) announced today that it has released the Asset Strategy Library (ASL) Release 11 (R11) to its customers and partners. R11 includes 18 new and 27 modified equipment types: cooling towers, horizontal pumps (single stage, single and double suction) , and a variety of medium voltage motors (horizontal and vertical). According to Mark Benak, CEO, “We continue to grow our ASL offering as planned and are very excited about the next release which will include Combustion Turbines (CTs), Heat Steam Recovery Generators (HRSGs) and auxiliaries, resulting from our current data collection efforts with the Electric Power Research Institute (EPRI) for its Combined Cycle Maintenance Basis program.”
Roughly half of APT’s Asset Strategy Library (ASL) is currently in use in the vast majority of the nuclear power generation facilities in the U.S., as well as in Japan and South Korea. Additionally, the APT ASL has been used successfully in the Oil and Gas and other asset-intensive industries. R11 includes 424 asset strategy templates, comprising:
29,000 Failure Modes, Degradation Mechanisms and Influences (FMEA)
2,800 PM Task and Interval Recommendations
91,000 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 asset-intensive industries.
The ASL R11 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 a particular operating context of the equipment under analysis. Rather, the ASL knowledge was captured from Subject Matter Experts (SMEs), representing over 17,000 man-years of experience, across multiple plants and industries over the past 16 years with consistent, expert facilitation. 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 also purchase the APT ASL for use in a variety of Meridium products. Ivara EXP customers can also 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.