Enterprise Asset Management Summit and Reliability Forum Highlight "Best in Class" Companies

Share Article

Data shows proactive techniques and leaders create asset uptime of 92% and return of invested capital of 97% to outpace laggards.

for companies that have blazed the trail. Reactive maintenance and a lack of strategy is a losing proposition.

Reliabilityweb.com, an online community of over 50,000 maintenance and reliability professionals, recently partnered with the Aberdeen Group to encourage members to participate in a study titled "Collaborative Asset Management Strategies".

Aberdeen's analysts and researchers Mark Vigoroso and Michael Israel have uncovered significant characteristics of "best practice" companies. According to the recently issued report these "organizations reap substantially larger benefits from improved maintenance practices than do average and laggard establishments, including:

  •     Significantly improved asset reliability,
  •     Greater asset uptime and availability,
  •     Lower costs of servicing assets,
  •     Fewer unexpected downtimes and outages, and
  •     A higher return on invested capital."

According to Reliabilityweb.com Publisher, Terrence O'Hanlon, CMRP "This report validates our position that companies need Reliability Centered Maintenance as an advanced maintenance strategy and Enterprise Asset Management or Enterprise Analytic software to manage maintenance. Many companies are stuck in a reactive mode as they struggle with aging assets, increasing costs, fewer skilled workers and increased competitive pressures. Creating operation excellence through effective physical asset management is proven to "pay off" for companies that have blazed the trail. Reactive maintenance and a lack of strategy is a losing proposition."

Reliabilityweb.com events showcase best practice companies at conferences like RCM-2007 - The Reliability Centered Maintenance Managers' Forum and EAM-2007 - The Enterprise Asset Management Summit which take place at the Sheraton Waikiki in Honolulu Hawaii from April 3-6, 2007.

"We appreciate the response from the maintenance and reliability professional community by selling out this event last year and encouraging us to meet in place to attract a larger international audience. Maintenance and reliability professionals appreciate the difference a practitioner facing organization can deliver" states event organizer and Publisher Terrence O'Hanlon. "Physical Asset Management is the last untapped bastion of corporate productivity and shareholder value. Equipment reliability is the key that will allow "best practice" companies to outpace competitors who are late adopters or laggards."

Reliability Centered Maintenance is a strategy to ensure production and process equipment reliability by determining the "right" maintenance work to perform. Enterprise Asset Management is the tool to ensure that that work and material are managed as effectively as accounting transactions. Together these strategies and technologies propel asset management for 21st century leaders.

Attendance at all Reliabilityweb.com events is limited to ensure the best possible experience and interaction. Early registration is encouraged through discounts and the fact that 2006 events sold out.

More information can be found online at http://www.maintenanceconference.com/eam

A Free copy of the Aberdeen Group report titled "Collaborative Asset Management" is available by request online at http://www.aberdeen.com/link/sponsor.asp?spid=30410588&cid=3711

About the Aberdeen Group

Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to AberdeenTM for insights that drive decisions.

As a Harte-Hanks Company, Aberdeen plays a key role of putting content in context for the global direct and targeted marketing company. Aberdeen's analytical and independent view of the "customer optimization" process of Harte-Hanks (Information - Opportunity - Insight - Engagement - Interaction) extends the client value and accentuates the strategic role Harte-Hanks brings to the market. For additional information, visit Aberdeen http://www.aberdeen.com or call (617) 723-7890, or to learn more about Harte-Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com.

About Reliabilityweb.com:

Reliabilityweb.com (http://www.reliabilityweb.com) includes a network of maintenance and reliability web sites serving over 55,000 maintenance and reliability professionals from around the world. The site serves as a resource for Maintenance Managers, Reliability Engineers. Online tutorials, articles, case histories and news items are updated daily.


Share article on social media or email:

View article via:

Pdf Print

Contact Author

Visit website