ARC has been researching Asset Information Management (AIM) for many years and we understand the challenges that organizations have to overcome. This guide can help you select the best AIM solution to meet your needs.
Asset Lifecycle Management (ALM) is high on the agenda of executives in manufacturing, energy. and every other enterprise where success depends upon complex equipment. They want top performance from all of their facilities across a wide range of KPIs including revenue, safety, compliance, quality, energy, and operating costs. They also expect new facilities and major upgrades to be consistently delivered on budget and on schedule so that market opportunities can be exploited. Shareholders and regulators are no longer tolerating poor performance nor are they willing to accept risks. They expect excellence in all asset lifecycle management activities and want managers to immediately take the necessary actions.
ARC has been doing research in asset lifecycle management for over two decades. In the process, we have developed numerous reports and concepts that help organizations take control of their investments in capital equipment. Our model for asset lifecycle management is the culmination of those efforts and provides a useful platform for analyzing problems and developing strategies to achieve better performance from all capital asset investments. It identifies the key lifecycle stages and the processes that must be managed to ensure success. It also explains why critical interdependencies constrain performance and how collaboration and teamwork can be used to integrate activities and fully exploit the capabilities of a rich ecosystem of external stakeholders.
ARC analysts know the issues and have developed a comprehensive set of criteria to help you select the right asset information management solution to meet your needs. This includes:
- Secure management of volumes of non-traditional, extensively cross-referenced content throughout long plant lifecycle.
- Engineering-class change management processes that support concurrent projects and configuration control
- Auditable records management to satisfy extensive compliance requirements
- Secure, web-based collaboration sites to distribute information and engage partners in solving problems
- Process support for operations, engineering, and project management tasks
This ARC Selection Strategy will help you select an Asset Information Management solution for the future.
Table of Contents
- Major Trends
- Industry Trends
- Regional Trends
- Strategies for Success
- Business Goals
- System Functions & Features
- Basic Featurs
- Advanced Features
- Service Requirements
Asset Lifecycle Information Management (ALIM) Survey Results
For More Information
For more information on this technology guide or to discuss how we can help you, please contact us.