Digital Hydro Asset Performance Management from GE

Asset Strategy Optimization Need to optimize your assets’ performance? Asset Strategy Optimization from GE Renewable Energy helps optimize across availability, reliability, risk, and costs through intelligent asset strategies. Asset Strategy Optimization includes Machine & Equipment Health, plus: • Reliability centered maintenance (RCM)/failure mode and effects analysis (FMEA) Enables industry-standard RCM and FMEA methodologies that identify the probability and consequences of asset failure and determine the optimum mitigating actions— including maintenance and condition-monitoring strategies—to reduce risks to acceptable levels. • Strategy management The strategy management capability provides a common methodology to define actions and their mitigated risks for any asset, providing the ability to evaluate existing plans with basic qualitative risk analysis that is both straightforward and easy to use. Managers can validate existing plans or consider strategy options to update and implement plans that are more effective in managing risk. • Strategy library The strategy library provides professionally designed asset strategy templates that include likely risks and recommended mitigating actions for more than 600 common equipment categories. Actions may include advanced predictive-analytic blueprints that enhance the effectiveness of Machine & Equipment Health. • Lifecycle cost analysis Enables asset owners to understand the true “whole life” costs of their assets from procurement through salvage. Captures all relevant cost data associated with individual assets, groups of assets, and entire asset fleets. By informing decisions when to repair and when to replace, the performance of asset strategies can be optimized over the long term. • Financial and risk simulation Enables simulation of the effect on cost and risk of changing various aspects of the asset strategy. Simulation results from several options are presented in comparison with the existing strategy, so you can select the optimum strategy for activation. Asset Strategy Optimization helps you: • Optimize predictive maintenance decisions, reducing maintenance costs while balancing risk • Increase asset reliability and availability, minimize downtime LEARN MORE