Insights for Failure EliminationAPM Reliability Analysis SoftwareUnlock the power of advanced analytics and integrated tools to mitigate and prevent failures.Download Brochure Asset Reliability Overview How Reliability-Centered Maintenance Can Help Asset-Intensive Sectors Reduce Unplanned Downtime Gain operational visibility and a comprehensive set of analytical tools to help reduce asset failures, control costs and increase production availability.1. Asset Reliability and AvailabilityEnsuring that critical assets are reliable and available when needed is crucial for to reduce unexpected downtime.2. Operational EfficiencyImproving operational efficiency while maintaining safety and compliance is essential. The right integrated tools and analytics help streamline operations, optimization maintenance schedules and improve overall efficiency.3. Risk Management To proactively identify and mitigate risk associated with asset failure is essential for preventing costly incidents and ensuring safety. Experience APM Reliability As an IPP, we knew reliability had to be job number one. Many tied to legacy delivery models tried to convince the market that private power plants lacked predictable delivery. With the help of GE Vernova, we’ve proven the skeptics wrong.Eli AsulinCEO, Dorad Energy Providing end-to-end valueAPM Reliability is designed to work across all assets (fixed, rotating, and non-rotating), all equipment types and manufacturers —across the plant and across the enterprise.5-10%Inventory cost reduction2-6%Increased availability10-40%Reduction in reactive maintenance Increase Operation & Equipment Reliability TrackTrack lost production or generation events to identify opportunities for reliability improvement ModelModel asset and system reliability with comprehensive reliability analysis capabilities Root CauseDevelop and retain best practices from an ever-changing workforce to continuously improve decision making Load More Successful ImplementationAboitizPower successfully implemented an Asset Performance Management program that includes Reliability Analysis software. They employed a reliability centered maintenance program to avoid potential productivity losses that saved 96.5 power generation hours in 9 months. View All Customer Stories Analyst Reports Verndatix Green Quadrant 2024Verdantix provides detailed fact-based comparison of the 20 most prominent APM providers. Read why GE Vernova was named a leader in the Verdantix APM Solutions Green Quadrant 2024Read Now Gartner Report: Use a step program to orchestrate maintenance and reliability technologyThis research shows how breaking down the steps for asset-intensive organizations into stages supports successful deployment of maintenance and reliability processes. Forrester Total Economic Impact (TEI) for Oil & GasLearn how GE Vernova’s Asset Performance Management (APM) solution provides cost savings and business benefits, with a ROI of over 290%.See Insights Now Load More View All Resources APM Reliability Analysis Features Root Cause AnalysisRCA offers a systematic approach for determining the root causes of failures and developing meaningful recommendations to eliminate or reduce the impact of those events. By documenting the sequential events, evidence, and faults that lead up to a failure, analysts can make recommendations for improving assets, processes, and culture to keep the event from occurring again in the future. Production Loss AnalysisMeasuring production capacity in a standardized way allows plant owners and operators to decrease production losses, eliminate unclassified losses, take action to improve production, and compare production data across the enterprise.The Production Loss Analysis (PLA) capability allows you to manage production goals, collect actual production values, track production events and impacts, and reconcile production targets. With robust analysis and reporting capabilities, PLA makes it easy to visualize production losses and their impacts so that you can accurately measure, analyze, and communicate production performance. Reliability AnalyticsReliability analytics provides a comprehensive set of analytical tools to help better understand causes of asset failure patterns and the true cost of failure.Understanding the historical costs, failure frequencies, and trends of production assets in a critical component of any asset performance management program. Generation Availability Analysis (GAAGAA capability, integrates information from maintenance, operational, planning and financial disciplines to support generation reliability analysis and drive continues improvement strategies.Designed to meet NERC's GADS reporting requirements, GAA extends beyond reporting to integrate your organizations reliability tools to streamline performance improvements. Predictive DiagnosticsLooking for Predictive Analytics? Check out GE Vernova APM SmartSignal. This predictive maintenance solution enable you to detect and prevent emerging equipment failures, driving improved reliability and O&M efficiency. SmartSignal Digital Twin analytic blueprints are available for over 320 equipment types across OEM providers. Reduce unplanned downtime with this APM capability that enables you to detect & prevent emerging failures, improve reliability and O&M efficiency. Learn More Resources Blogs Videos Additional Resources FAQs FAQs What is asset reliability software? Asset reliability software is designed empower asset-intensive organizations to enhance reliability of physical assets. Companies use the software to improve availability and reduce unplanned downtime Advanced reliability software can help companies move from reactive maintenance to proactive maintenance by supporting proactive strategies with operational visibility and analysis designed to work across all assets. what is asset reliability Asset reliability is the ability of an asset to perform under specific conditions throughout its lifecycle without breaking down. how to ensure asset reliability To ensure asset reliability, a systematic management approach is critical. The management system needs to encompass strategies to maximize asset performance and increase lifecycle through proactive maintenance, risk assessments, and condition monitoring. For visibility across all assets and predictive equipment diagnostics, reliability analysis software is a crucial tool for successful operations. what is asset reliability for the oil & gas industry To ensure the availability and performance of assets while reducing the risk of downtime and maximizing safety, asset reliability for oil and gas industry is a critical component of asset management. Asset reliability is the ability of assets, which include machinery and equipment, to perform their required functions effectively and efficiently for their intended lifecycle without failure. Examples of key asset reliability management programs include1) Data: investing in data to optimize operations and minimize equipment downtime. By using advanced data solutions, predictive maintenance can help to prevent unscheduled outages and lead to significant cost savings.2) Safety: The oil and gas industry has some of the most dangerous jobs, therefore, maintaining asset reliability is essential for safety. When asset reliability is improved with early signs of equipment failure, risk of accidents is reduced.3)Maintenance Strategy: Asset reliability has various maintenance strategies including condition-based, predictive and risk-based maintenance. These are supported by data assessment and machine learning algorithms to predict and schedule maintenance activities.4) Maintenance Optimization: this program focuses on diagnostics and optimization to improve asset reliability to increase availability, output and extend asset lifecycles while maintaining safety. Each oil and gas company will have their own comprehensive approach to managing the health and performance of their assets and their asset reliability program will leverage data-driven strategies to improve safety, efficiency and costs. Customer Stories Featured Customer StoryCosmo OilCosmo Oil is leveraging GE Vernova’s APM to change how they operate. They have generated asset strategies, deployed digital twins and are actively seeing real value from the solution in a short period of time.Read Now Customer Stories Contact us todayLet our experts show you how GE Vernova’s Software business can accelerate your operational excellence program and energy transition. “Thank you for getting in touch!” We’ve received your message, One of our colleagues will get back to you soon. Have a great day!