Category: Press

Asset Strategy Library (ASL) sets new standard for Preventive Maintenance Optimization (PMO) in Asset Performance Management (APM) programs in asset-intensive industries

Asset Strategy Library (ASL) sets new standard for Preventive Maintenance Optimization (PMO) in Asset Performance Management (APM) programs in asset-intensive industries
             
2/28/2017 Albuquerque, NM – Asset Performance Technologies, Inc. (APT) announced today its latest version of the Asset Strategy Library (ASL) is now available to the industrial market.
The ASL is the most comprehensive asset library that enables processing and manufacturing organizations to avoid unplanned asset failures. With its expert maintenance recommendations supported by in-depth failure modes and effect analysis (FMEA) tables (across all known operating contexts), this extensive library contains over 720 equipment types commonly found in asset-intensive industries and includes:
  • 52,000 Degradation Mechanisms or FMEA rows (70 per type)
  • 4,400 PM Tasks and Intervals (6 per type)
  • 156,000 As-Found Reportable Conditions (216 per type)
Under continuous development and refinement over the past 20 years, the ASL is a unique database that provides access to detailed equipment knowledge from experienced leaders within the Asset Performance Management (APM) industry. Incorporating over 29,000 man-years of experience from equipment experts, ASL can improve profitability and shorten the time to value of your Computerized Maintenance Management System (CMMS) and other APM software implementations.
“Expediting Reliability Centered Maintenance (RCM) analysis is a great way to improve your company’s performance, says Mark Benak, CEO of APT. Your ability to increase revenue for your business by doing the right maintenance at the right times starts with the right knowledge, and we provide that to our customers.”

ASL is the foundation for  APT’s  maintenance optimization tools called  Preventance™.  Meridium (now a part of GE Digital) and

Bentley Systems


 also provide the ASL within their respective APM software suites.

About Asset Performance Technologies
Asset Performance Technologies, Inc. (APT) produces the revolutionary preventive maintenance solution that combines unique optimization software with the Asset Strategy Library (ASL), the world’s most comprehensive library of asset strategies for industrial equipment, to rapidly optimize any Preventive Maintenance (PM) program. Preventance™ and the ASL set the standard for PM Optimization (PMO) by dynamically adjusting to changing operating conditions, plant requirements, and market economics. http://www.assetperformanceinc.com
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Asset Performance Technologies announces latest expansion of its Asset Strategy Library for Improving Reliability of Industrial Equipment

ASL-R19 sets new standard for Preventive Maintenance Optimization (PMO) in Asset Performance Management (APM) programs in asset-intensive industries.

Asset Performance Technologies, Inc. (APT) announced today that it has released the 19th version of its Asset Strategy Library (ASL). Here are the relevant details:

What is the ASL? The ASL is the most comprehensive library of how equipment fails (FMEA tables) and how to prevent such failures (PM Templates) for over 700 equipment types commonly found in asset-intensive industries, including:

  • 50,000 Degradation Mechanisms (FMEA rows) (70 per type)
  • 4,400 PM Tasks and Intervals (PM Templates) (6 per type)
  • 150,000 As Found Reportable Conditions (220 per type)
  • (700 types) * (2 experts/type) * (20 years/expert) ~ 28,000+man-years of experience!

Why do I need the ASL? The ASL is a database of expert wisdom to:

  • expedite RCM analyses of your maintenance strategies
  • shorten time-to-value of your CMMS and other software implementations,
  • improve profitability of your business by doing the right maintenance at the right times for YOUR plant(s).

“700 equipment types times 8 operating contexts equals 5600 RCM analyses, already done for you by equipment experts – at your fingertips!” – Mark S Benak, CEO

How can I access the ASL? The ASL is the technical basis for APT’s maintenance optimization tools at Preventance.com. It is also available in the Meridium and Bentley APM products.

Contact APT today for further information and a 30-day free trial.

About Asset Performance Technologies
Asset Performance Technologies, Inc. (APT) produces the revolutionary Preventance maintenance solution that combines unique optimization software with the Asset Strategy Library (ASL), the world’s most comprehensive library of asset strategies for industrial equipment, to rapidly optimize any PM program. Preventance and the ASL set the standard for PM Optimization (PMO) by dynamically adjusting to changing operating conditions, plant requirements, and market economics.

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Uptime Magazine Announces 2016 Uptime Award Winners

Asset Condition ManagementAsset ManagementLeadership for ReliabilityReliability Engineering for MaintenanceWork Execution Management

Prestigious Award Recipients to be Celebrated in December 14 Ceremony at the 31st International Maintenance Conference

Fort Myers, FL, August 16, 2016 – Uptime® Magazine, the leading voice in reliability and asset performance announces the winners of the Tenth Annual Uptime Awards™, honoring the best asset management, reliability and maintenance programs from across the globe.

World-class organizations use reliability and asset performance to enhance safety, achieve environmental sustainability, lower operating cost and generate positive economic results.

This year, the Uptime Awards received over 70 entries from organizations around the world. The Jury-selected winners are awarded in each of 5 primary categories and several Special Recognition Award categories.

Winners of the Uptime Awards include:

  • CBRE
  • BMS Syracuse
  • Loop LLC
  • Jacobs
  • Gwinnett County Department of Water Resources
  • APS Palo Verde Nuclear
  • Rio Tinto: Iron Ore Canada
  • Kansas City Board of Public Utilities

The full list of jury-selected winners can be found at uptimeawards.com.

Over 1,200 leaders from the world of asset management, reliability and maintenance will gather for the Uptime Awards ceremony at IMC-2016 The 31st International Maintenance Conference from December 12-16, 2026 at the Hyatt Regency Coconut Point in Bonita Springs, Florida.

“The Uptime Awards presentation is more than just a ceremony. It represents a moment for us to stand up these champions, recognizing the transformational role that reliability and asset performance has on people, profit and planet,” says Uptime Magazine CEO and Publisher, Terrence O’Hanlon. “This year we are seeing the expanded importance that reliability leadership and reliability culture plays in creating clean, safe and mission driven organizations.”

In collaboration with its partners, The Association of Asset Management Professionals, La Red Confiabilidad, Women In Reliability And Asset Management, and with support from IMC-2016 sponsors including Accenture, ARMS Reliability, Bentley Systems, Ludeca and Prüftechnik, Uptime Magazine and the Awards acknowledge a very special group of people and organizations.

Uptime Award winners will be featured in the February/March issue of Uptime Magazine.

Nominations for the 2017 Uptime Awards may be submitted beginning April 2017. Visit www.uptimeawards.com for further information.

About Uptime Magazine:
Uptime Magazine is part of the Reliabilityweb.com® network, the world’s largest body of knowledge on asset management, reliability and maintenance. With more than 20 years of published archives Reliabilityweb.com is the first place one think’s of when one thinks of asset management and reliability. Uptime Magazine continues to set the pace through innovation and thought leadership. We are changing the way 25,000 asset managers and reliability leaders get inspired, discover new ideas and find products and services that change the world. www.uptimemagazine.com

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Asset Performance Technologies announces latest expansion of its Asset Strategy Library for improving Preventative Maintenance

ASL-R17 sets new standard for Preventive Maintenance Optimization (PMO) and Reliability Centered Maintenance (RCM) in Asset Performance Management (APM).

Asset Performance Technologies, Inc. (APT) announced today that it has released the 17th version of its Asset Strategy Library (Release 17). APT already provides the most comprehensive library of FMEA tables and asset strategies for equipment in asset-intensive industries, and with this expansion covers even more of the needs of the maintenance & reliability professional. This addition to the library shows APT’s continued dedication to ensuring that its clients have the ability to better manage the preventative maintenance of over 650 types of equipment commonly found in most plants.

In short, the ASL is a database of expert wisdom to:

  • expedite RCM analyses of your maintenance strategies
  • shorten time-to-value of your CMMS and other software implementations,
  • improve profitability of your business by doing the right maintenance at the right times for YOUR plant(s).

ASL-R17 conains 650 equipment types (58 new and 9 updates), including:

  •     46,000 Degradation Mechanisms (FMEA rows), ~70 per type
  •     4,100 PM Tasks and Intervals (PM Templates), ~6 per type.

“It’s not just data. It’s something much more valuable. It’s the wisdom from equipment experts on how equipment fails and how to best avoid those failures.” – Mark S Benak, CEO

ASL-R17 was generated by industry subject matter experts (SMEs), who represent over 26,000 man-years of experience across multiple plants and industries. The ASL degradation mechanisms (FMEA) and PM templates (asset strategies) are valid for the complete range of known operating conditions. With PM task effectiveness mapped to each degradation mechanism, the ASL sets a new standard for PMO and APM in asset-intensive industries. The ASL is also available in the Meridium and Bentley Assetwise APM products.

Contact [APT today for a 30-day no-risk trial.

About Asset Performance Technologies
Asset Performance Technologies, Inc. (APT) produces the revolutionary Preventance maintenance solution that combines unique optimization software with the Asset Strategy Library (ASL), the world’s most comprehensive library of asset strategies for industrial equipment, to rapidly optimize any PM program. Preventance and the ASL set the standard for PM Optimization (PMO) by dynamically adjusting to changing operating conditions, plant requirements, and market economics.

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ASL-R16 Sets New Standard for Preventive Maintenance Optimization (PMO) in your Asset Performance Management (APM) Program

Asset Performance Technologies announces Release 16 of the Asset Strategy Library (ASL-R16), now the most comprehensive library of FMEA and mitigation strategies for equipment in asset-intensive industries. The ASL provides expert knowledge and wisdom to: shorten time-to-value of your CMMS and other software implementations as well as improve bottom line profitability of your business by doing the right maintenance at the right times for your plant(s).

Asset Performance Technologies, Inc. (APT) announced today that it has released Asset Strategy Library Release 16.

ASL-R16 includes 583 equipment types (36 new and 3 updates), including:

  •     44,000 Degradation Mechanisms (FMEA rows)
  •     3,900 PM Tasks and Intervals (PM Templates)

“583 equipment types * 8 known operating conditions = 4,664 RCM analyses by equipment experts. Why start from scratch when optimizing your maintenance strategies?” – Mark S Benak, CEO

ASL-R16 was generated by industry subject matter experts (SMEs), who represent over 23,000 man-years of experience across multiple plants and industries. The ASL degradation mechanisms (FMEA) and PM templates (asset strategies) are valid for the complete range of known operating conditions. With PM task effectiveness mapped to each degradation mechanism, the ASL sets a new standard for PMO and APM in asset-intensive industries. The ASL is also available in the Meridium and Bentley Assetwise APM products.

Contact APT today for a 30-day no-risk trial.

About Asset Performance Technologies
Asset Performance Technologies, Inc. (APT) produces the revolutionary Preventance 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. Preventance and the ASL set the standard for PM Optimization (PMO) by dynamically adjusting to changing operating conditions, plant requirements, and market economics.

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ASL-R15 Sets New Standards for Asset Performance Management and Preventive Maintenance Optimization.

Asset Performance Technologies announces Release 15 of the Asset Strategy Library (ASL-R15), now the most comprehensive library of FMEA and mitigation strategies for equipment in asset-intensive industries. The ASL provides expert wisdom and knowledge to: • shorten time-to-value of your CMMS and other software implementations, • improve bottom line profitability of your business by doing the right maintenance at the right times for your plant(s).

Asset Performance Technologies, Inc. (APT) announced today that it has released Asset Strategy Library Release 15.

ASL-R15 includes 31 new equipment types:

  •     43,100 Degradation Mechanisms (FMEA)
  •     3,800 PM Tasks and Intervals (PM Templates)
  •     132,000 As-Found Reportable Conditions (Failure Codes)

“544 equipment types * 8 known operating conditions = 4,352 RCM analyses by equipment experts. Why start from scratch when optimizing your maintenance strategies?” – Mark S Benak, CEO

ASL-R15 was generated by industry subject matter experts (SMEs), who represent over 22,000 man-years of experience across multiple plants and industries. The ASL degradation mechanisms (FMEA) and PM templates (strategies) are valid for the complete range of known operating conditions. With PM task effectiveness mapped to each degradation mechanism, the ASL sets a new standard for APM and PMO in asset-intensive industries. The ASL is also available in the Meridium APM and Bentley Assetwise APM products.

Contact APT today for a 30-day no-risk trial.

About Asset Performance Technologies
Asset Performance Technologies, Inc. (APT) produces the revolutionary Preventance 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. Preventance and the ASL set the standard for PM Optimization (PMO) by dynamically adjusting to changing operating conditions, plant requirements, and market economics.

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ASL-R14 Sets New Standards for Asset Performance Management and Preventive Maintenance Optimization

Asset Performance Technologies announces Release 14 of the Asset Strategy Library (ASL-R14), now the most comprehensive library of FMEA and mitigation strategies for equipment in asset-intensive industries. The ASL provides key insights that can: shorten time-to-value of your CMMS and other software implementations as well as improve bottom line profitability of your business by doing the right maintenance at the right times for your plant.

Asset Performance Technologies, Inc. (APT) announced today that it has released Asset Strategy Library Release 14.

ASL-R14 includes

  • 23 new or updated equipment types (flexible emergency equipment, I&C controllers)
  • 40,800 Degradation Mechanisms (FMEA)
  • 3,600 PM Tasks and Intervals (Asset Strategy Templates)
  • 126,200 As-Found Reportable Conditions (Failure Codes)

“Our goal is to put the wisdom of equipment experts into the hands of those maintenance & reliability professionals who need it most.” – Mark Benak, CEO

ASL-R14 was generated by subject matter experts (SMEs), who represent over 20,000 man-years of experience across multiple plants and industries. The ASL degradation mechanisms (FMEA) and PM templates (strategies) are valid for the complete range of known operating conditions. With PM task effectiveness mapped to each degradation mechanism, the ASL sets a new standard for APM and PMO in asset-intensive industries. The ASL is also available in the Meridium APM and Bentley Assetwise APM products.

Contact APT today for a 30-day free trial.

About Asset Performance Technologies
Asset Performance Technologies, Inc. (APT) produces the revolutionary Preventance 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. Preventance and the ASL set the standard for PM Optimization (PMO) by dynamically adjusting to changing operating conditions, plant requirements, and market economics.

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APT Announces Preventance – Evolution Beyond Reliability Centered Maintenance

Cost-effective preventive maintenance (PM) best practices solution for asset-intensive industries now available in a cloud-based platform.

Asset Performance Technologies, Inc. has introduced immediate availability of the Preventance suite of products. Preventance goes leaps and bounds beyond reliability centered maintenance alone providing a breakthrough in maintenance performance tools. Superseding old-school deficiencies of the 50-year-old RCM paradigm, expert information and knowledge are layered such that custom criticality level, operating context, business model, budget and objectives can quickly be modeled and refined. The outcome is a sleek and sophisticated method for improving operational uptime and reliability performance.

“For the first time, we have the capability to reach the level of wisdom required for taking proper maintenance actions in the information age and leveraging the power of cloud computing,” said David Worledge, Ph.D., Chief Scientist, and Co-founder. “Diagnostic tools reveal the technical basis for all recommendations, providing understanding and justification to the process. Preventance is a ‘game changer’ for a new century!”

Preventance addresses the age-old PM Conundrum and is available in three service levels, Primer, what the experts know; Planned, beyond best practices; and Precision, world-class maintenance. The product is designed to address the needs of organizations at different cultural maturity levels and affordably priced to enable immediate implementation. For a large-scale asset intensive company, Preventance provides the right starting point to achieve the next level of both balanced maintenance costs and minimization of dire facility outages.

Asset Performance Technologies, Inc. (APT), founded in 2004 and headquartered in Albuquerque, NM, produces the revolutionary Preventance 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 preventive maintenance (PM) program. Preventance sets the standard for PM Optimization by dynamically adjusting to changing operating conditions, plant requirements, and market economics.

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APT Announces Asset Strategy Library (ASL) Release 13 (R13)

APT’s Asset Strategy Library can be used to shorten the time-to-value of your CMMS/EAM and other software implementations as well as improve bottom line profitability of your plant, by doing the right maintenance at the right times for your business.

Asset Performance Technologies, Inc. (APT) announced today that it has released the Asset Strategy Library (ASL) Release 13 (R13) to its customers and partners. R13 includes 25 new (flexible, emergency response and combustion gas turbine equipment) and 4 updated (valve, I&C) asset types. According to Mark Benak, CEO, “We are rather excited to announce APT’s continued commitment to grow the world’s largest library of how equipment fails and what to do about it. Most operating companies can benefit from this technical basis for maintenance. We’ve captured the knowledge and wisdom from an aging workforce and organized them for use by our customers. And responding to requests from these customers, the ASL will be available from the cloud in a subscription format later this year.”

The APT Asset Strategy Library (ASL) traces its origins to the U.S. power industry. The APT ASL has also been used successfully in the Oil & Gas, Mining, Pulp & Paper, Food & Beverage, and other asset-intensive industries. R13 includes 501 asset strategy templates, comprising:

37,000 Failure Modes (FMEA)
3,400 PM Tasks and Intervals (PM Templates)
114,000 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 R13 is the world’s most comprehensive library of asset strategies for industrial equipment. It is purpose built and not simply a collection of results from single Reliability Centered Maintenance (RCM) analyses that are dependent on the particular operating context of the equipment under analysis. Rather, the ASL knowledge was captured from Subject Matter Experts (SMEs), representing over 20,000 man-years of experience, across multiple plants and industries, over the past 18 years. The ASL failure modes and PM templates (asset strategies) are valid for the complete range of known operating conditions. With PM task effectiveness mapped to each failure mode, the ASL sets a new standard for APM and PMO in asset-intensive industries. The ASL is also available in the Meridium APM and Bentley Assetwise products.

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.

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APT Announces Asset Strategy Library (ASL) Release 12 (R12)

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).

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.

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