Process Industry - Asset Reliability

The notion of optimizing reliability & operation is no longer a far-fetched idea. Indeed, it is a must-do in any modern organization today to survive harsher operating environment and stricter regulatory requirement. At AssetStudio, we have the valuable expertise to be your long term partner for your Asset Performance Management roadmap with the goal of achieving maximum return on the industrial asset and process facility.

Reliability, Availability, Maintainability (RAM) Analysis

Reliability, Availability, Maintainability (RAM) analysis allows you to simulate the entire lifetime performance of an asset in terms of availability, production efficiency and profitability. By using this well-established analytical method, you are able to predict problems before they occur.

Reliability Centered Maintenance (RCM)

Reliability-centered maintenance (RCM) is a corporate-level maintenance strategy that is implemented to optimize the maintenance program of a company or facility. The final result of an RCM program is the implementation of a specific maintenance strategy on each of the assets of the facility. The maintenance strategies are optimized so that the productivity of the plant is maintained using cost-effective maintenance techniques.

Preventive Maintenance Optimization

Preventive Maintenance Optimization for equipment is a process to progress the effectiveness and efficiency of the PM process. Effective PM’s address and lessen the consequence of specific and viable failure modes. Proficient PMs are value-added tasks which are performed using the least labour, downtime, and material required to complete the task.

Development of Equipment Maintenance Strategy

A maintenance strategy defines the rules for the sequence of planned maintenance work. They contain general scheduling information which can be assigned to maintenance task lists and maintenance plans as required.

Asset Integrity Plan- Reliability Based Inspection (RBI)

Risk Based Inspection (RBI) is a method in which assets are identified for inspection based on their associated risks as opposed to a predetermined fixed time interval. This is predominantly used in the oil and gas industries, which aids in the identification of high priority items vs. low priority items. The approach consists of a detailed inspection, corrosion, material, process, plant operations, and consequence analysis to identify and mitigate risk to make more informed decisions on inspection frequencies, level of detail, and methods for non-destructive examination

Reliability Instrumented System (RIS)

Safety systems aim at minimizing risks in acceptable levels. The SIL level for a control loop is found by analysis and identification of the process risks. The SIL level is checked by the probability of failure under demand.The IEC 61508 defines the requirements for a system functionality and integrity. The functionality requirements are based on the process, while the integrity requirements encompass reliability, one that is defined as Safety Integrity Level (SIL).

Root Cause Analysis (RCA)

Root cause analysis (RCA) is a problem-solving method which is used to pinpoint the exact cause of an incident. Root Cause Analysis is based on the principle that problems can best be solved by correcting their root causes as opposed to other methods that focus on addressing the symptoms of problems. Through corrective actions, the underlying causes are addressed to prevent the recurrence of that problem so that recurrence of the problem can be minimized.

Development of Lubrication Reliability Program

Lubrication Reliability Program is a logical way to identify which equipment needs to be maintained on a condition-monitoring and preventive-maintenance basis rather than a let-it-fail-and-then-fix-it basis, commonly referred to as a run-to-failure (RTF) maintenance strategy.

Other Consulting Services

Development of Maintenance KPI, Development of Total Productive Maintenance (TPM) OR Operator Care Program and other reliability optimization services.

  • Development of Maintenance KPI

  • Development of Total Productive Maintenance (TPM) OR Operator Care Program

  • Material Data Management

  • Reliability Gap Assessment

  • Asset Hierarchy Planning

  • Asset Criticality

  • Spare Part Criticality

  • Bill of Materials Planning


Over the years, we've worked with a slew of major companies in their daily reliability analysis and CAPEX project. Greater understanding of customer have enabled us to quickly translate industry pain points into better features in our software. In addition, the accumulation of years of project experience put us in an extremely comfortable position to address complicated technical problem with pragmatic solution.