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Those companies operating in the top quartile of reliability performance, when benchmarked against the average performance of their peers, enjoy 4% more availability, at half of the maintenance cost (as a consequence, not an action), and typically have a better safety record as a result. - Emerson....

Marine Asset Dependability (MAD) from RELMAR helps asset intensive industries, in particular Oil and Gas and Maritime organisations, achieve safer and more reliable operations whilst facilitating optimal performance at the lowest costs possible....

Predictive Analytics: we think it is fair to say this type of approach represents the future of our industry in Oil and Gas and Maritime. There is a lot of work going on in this space to develop systems to anticipate failure based on health/condition. It is a common topic of discussion, which straddles ‘big data’ (people already have more data than they know what to do with) and ‘statistical analysis’. There are many sensors...

Our dynamic rule-based learning system gets a great start: from the beginning it knows how to move pieces, and it knows all the possible moves. It starts from DAY 1....

In the marine industry, change does not come easy. Yet, on the eve of the Smart Ship Era, two Kings of Industry have seen the light and have responded with a significant venture that will change the future of Asset Management at sea....

There are health monitoring systems for Ships/Rigs that collect and transmit vast amounts of data from countless sensors on-board. These data-sets are sent in real time to shore bases for rapid analysis, which then provides guidance to the Crew/Shipowner for corrective action. This sounds terrific – in theory. In practice, and especially in the high cost environment of today’s ship and rig owners, there is simply not the skills and enough time to analyse the...

The trend in thinking around digitalisation for maritime, points to a desired future where people are removed from vessels at sea and fully autonomous machine systems instead traverse the oceans, for the sake of asset reliability, human safety, and ultimately, economic prosperity for organisation....