Enhancing Operational Efficiency in Refineries with Hexagon's EAM
The oil and gas industry, especially refining, faces immense pressure to maintain operational efficiency, ensure safety, and comply with stringent regulations.
Hexagon EAM offers a comprehensive solution tailored to meet these unique challenges, helping refineries optimize asset management processes and improve overall performance.
It enhances operational efficiency in refineries through industry-specific customization, enhanced asset performance management, and real-time data utilization
Key Ways Hexagon EAM Improves Refinery Operations:
Industry-Specific Customization: Hexagon EAM is tailored for the oil and gas sector, offering functionalities that generic EAM systems lack. This includes advanced asset tracking, predictive maintenance, and real-time data analytics that are essential for managing varied assets like drilling rigs, pipelines, and refineries.
Enhanced Asset Performance Management (APM): It provides advanced tools for APM, helping refineries shift from reactive to proactive maintenance strategies. Hexagon EAM utilizes data analytics and machine learning to predict equipment failures, minimizing downtime and extending asset life1.
Real-Time Data and Condition-Based Maintenance (CBM): By continuously monitoring asset conditions in real time, Hexagon EAM enables condition-based maintenance, ensuring maintenance is performed only when necessary.
Operational Efficiency: Hexagon EAM streamlines asset management processes and provides real-time visibility into asset performance, enabling quick, informed decisions. Inventory management capabilities optimize stock levels, reducing carrying costs and minimizing production delays.
Automated Work Orders: The system can automatically generate work orders based on real-time data analysis, ensuring maintenance tasks are promptly scheduled and executed, which minimizes downtime and maximizes productivity
Advanced Analytics and Reporting: Hexagon EAM leverages advanced analytics to transform raw data into actionable insights, tracking KPIs, monitoring asset health, and identifying trends to inform strategic decisions. Customizable dashboards and reports offer clear views of asset performance and maintenance activities
Support for Digital Transformation: By integrating technologies like IoT, AI, and cloud computing, Hexagon EAM enhances competitiveness and drives innovation in operations
Inventory Cost Reduction: Organizations leveraging HxGN EAM have reported a 45% reduction in inventory costs
Labor Utilization Improvement: There has been a reported 70% enhancement in labor utilization
Asset Uptime Increase: Companies have seen a reported 35% increase in asset uptime.
By optimizing maintenance schedules and streamlining processes, refineries can achieve a higher level of operational excellence.
The real-time data insights, combined with predictive maintenance capabilities, make Hexagon EAM an indispensable asset for enhancing efficiency and reducing cost.
To have a better understanding please write to:- marketing@imagegrafix.com
#enterpriseassetmanagement #EAM #refineries #Digitaltransformation #imagegrafix #operationalefficiency #assetmanagement
Strategic Business Leader & Mentor | Growth Catalyst | Driving Business Transformation through Innovation, Impact & Empowered Teams
7moConnect with us to have deep insight into Plant Asset Management for Operational efficiency & Compliance regulations for Safety Management.