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Working together for a safer world RBI Embedded within your Enterprise Asset Management Solution The Financial and Safety Case for Embedding RBI in Your IBM Maximo Solution

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Working together for a safer world

RBI Embedded within your Enterprise Asset Management Solution

The Financial and Safety Case for Embedding

RBI in Your IBM Maximo Solution

Asset Intensive Industry Goals

To improve

• Improve uptime

• Asset longevity

• Safety and Risk Management

• Improve yield

• Cost control

To achieve

• Safe operations

• Profit and ROI

• Balance long/short decisions

• Sustainability

• Regulatory

WHY RBI?

The right insights, to make the right decisions, to keep assets “under control” (operating within set boundaries for business performance, safety, and compliance) at all times

Reduce unplanned downtime

Reduce failures, specifically HSE and catastrophic ones

Aging plant with unknowns

Balance long range improvements with quick wins

WHY RBI?

Challenges with existing Risk Approaches

Typically look backwards at failures vs. predicting and mitigating. Narrow

view. What you’re doing now, how do we get you to world class?

Lack engineering expertise in-house; start from scratch with reliability

models every time

Ability to close the loop between recommended actions and actual

performance

Challenges with existing Risk Approaches

Compliance Manager

Embedded within

Root Cause Analysis

Predictive Modeling

Reliability Centered

Maintenance

Industry Libraries

Introducing RBI

Embedded within

Why we’re a good fit and position to address these challenges

We’ve done this before

• First to make integrated RBI system, often ahead of standards

• Existing RBI and APM Software (RBMI, strEAM+ and Optimizer)

• Innovative library approach accelerates time to value 50-80%

The solution

Trust, Integrity,

Value, Insight

Experience (content) Models and Libraries

Experience APM software

Monitor compliance

Leverage EAM

Investments

Connect silos

Common UI

Library of RBI Models

but can build your own Developed on IBM Maximo Platform

Shared data &

platform

Compliance Monitor

Embedded

Stored in and performed in Maximo throughout asset life cycle

Design

In-Service

Construction

Decommission Risk-Based

RBI

RCM

Optimize

Time-Based

Run to Fail

CM’s

PM’s

MOC

Spares

Plan

Work

Order

Job Plan/

Details

Execute

Inspection

Maintenance

Telemetry

Analyze

Failure/RCA

NCR

Compliance

Trending

Condition-Based

Asset Management Strategy

Safety

Work pack

Improve

Maximo

LR Modules

Broadsword

FMEA

Libraries

SME

Sustainable solution over time

Time

Risk

Acceptable Limits

Traditional Approach The cost and effort to manage risk increases significantly over

time

Decrease effort/cost, increasing knowledge

Plan

Do

Check

Update

Plan

Do

Check

Update

The Financial Case

EAM

RBI

Inspection Management

RCM

As-Is

• Disparate Systems

• Costly Integration

• Redundant or Missing information

• Not connecting workgroups

• Engineering knowledge erosion

The Financial Case

Maximo/SAP

Analysis

Inspection Management

RBI To-Be

• Leverage EAM investments

• Single Data Source

• Strategic and Tactical decision making

• Right information to the right person

• Knowledge retention

The Safety Case…..

What if you could

• Quantify your HSE risk…

• Predict failures…

• Focus resources…

• Continuous improvement…

• In your EAM system…

Solution Demonstration

LR Integrity Management flavors

Standalone

Embedded in SAP

Embedded in IBM Maximo

Deployment options of standalone solution

LR Hosted

Software as a Service (SaaS)

Installed on customers premise

Summary

• Proven approach with preconfigured models, though customers can developer their own

Time to Value

• Predictive models

• Optimal life performance of the asset

Focus limited resources on most important items

• Leverage existing EAM investments

• Reduce cost of ownership

Integrated processes that generate maximum

Question and Answer

Come by and visit us:

Lloyd’s Register and variants of it are trading names of Lloyd’s Register Group Limited, its subsidiaries and affiliates. Copyright © Lloyd’s Register Energy. 2015. A member of the Lloyd’s Register group.

Jarret Reeves Asset Integrity Systems Product Manager

Lloyd’s Register Energy T +1 281-649-2226 E [email protected]

Working together for a safer world