Cosmo Oil Elevates and Accelerates Operational Excellence with APM Customer Story Bar Share Customer Information Introduction Industry Oil & Gas Products Asset Reliability, SmartSignal Predictive Analytics, Asset Performance Management, Predictive Analytics Two years since go live with GE Vernova’s Asset Performance Management (APM) software, Cosmo Oil has achieved significant quick wins. Prior to implementing digital twins for the oil refinery, as much as 70% of operations time was spent on data collection and cleaning data from disparate, siloed departments.Asset Performance Management enables efficient and effective use of data supporting Cosmo engineers’ decision-making. Improved processes have translated to overachieving the target improvement for operational availability.Cosmo Oil presents how they elevate the use and accelerate the value of APM software by: Integrating Reliability Center of Excellence work processes and APM SmartSignal to provide early catches of equipment downtime and failureSmartSignal monitoring of critical compressors prompted fast action and remediation of an issue that wouldn’t have been caught by human monitoringImproving their Failure Elimination process with Root Cause Analysis Results have included: Increased availability and risk avoidance of about $1M through SmartSignalSavings of 200 engineering hours through the implementation of Policy DesignerRisk avoidance of $700K through Root Cause Analysis 22:41Video credit: GE Vernova