The 5 advantages of cloud-based asset management softwareThere is plenty of documentation about asset management software. However, cloud-based asset management software is new and does not have many documents about the benefits. This is mainly because cloud-based...
Mean Time Between Failures Calculation Meaning of Mean Time Between Failures Mean Time Between Failures calculation is a way to predict the time between failures of a piece of equipment during normal operating hours. Mean time between failures (MTBF) is the average...
Guide to reduce the Total Cost of Ownership in the Oil & Energy and Petrochemical Industry.The total cost of ownership of an asset/analyzer is more than its production cost. Instead, it is the sum of the cost for designing, manufacturing, maintaining, running, and...
Climate agreement and an included task for industryIt is now generally agreed that the worldwide emissions of greenhouse gasses (GHG’s) need to be reduced in significant amounts in the coming years, leading to zero net emissions in 2050. This will require considerable...
How much cost unplanned downtime each year?Unplanned downtime has been an ongoing maintenance issue in the oil & gas and petrochemical industry for ages, but how much do organizations lose when operations are interrupted? That is a very important question to ask;...
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