What is AVEVA Asset Strategy Optimization
AVEVA Asset Strategy Optimization empowers you to develop a risk-based asset strategy to achieve optimal performance. Gain a comprehensive understanding of critical assets, failure behaviors and mitigating actions. Simulate maintenance strategies and assess their impact on your business objectives including asset availability, HSE compliance, productivity, profitability and sustainability.
Optimize your asset performance strategy
30%
Decrease in CAPEX
50%
Reduction in maintenance and inspection cost
25%
Reduction in spare parts cost
15%
Increase in asset availability
Benefits
Optimize maintenance plans
Gain a deep understanding of how critical assets impact business success
Simulate investment strategies
Build a strong business case for digital transformation with a clear ROI
Lower your carbon footprint
Gain insight into your current CO2 footprint and long-term environmental impact
Features
Root cause analysis (RCA)
With comprehensive built-in root cause analysis, you can log incidents, define solutions and prevent problems. On average, users achieve 1:30 ROI within a year.
Reliability-centered maintenance (RCM)
Improve decision making by prioritizing assets based on business risk. Gain a deep understanding of failure behavior and mitigating actions to prioritize your asset strategy in relation to company objectives. Simulate different asset strategies over the full asset lifecycle, helping you find the perfect balance between cost versus risk.
Spare part optimization
Optimize inventory management related to your critical assets and realize significant savings in downtime and stock management.
Asset strategy library
Built with 20 years of equipment reliability data, AVEVA’s Asset Strategy Library accelerates deployment time by up to 90%, securing return on investment faster than ever.
Simulation for optimization
By simulating different asset strategies over the full asset lifecycle, you can make better decisions. Simulations help you find the perfect balance between cost and risk.
Web-based user interface
Collaborate with experts and non-experts alike with an interface that guides users through the RCM process. Consistent, newly revamped display screens show users what has been done and what still needs to happen. The new web-based design lets multiple engineers share asset data simultaneously directly through the interface, cutting RCM study times in half.
How you can use AVEVA Asset Strategy Optimization
Balance risk, cost and performance
Maximize asset performance while minimizing costs and risks. By focusing on the most critical assets and failure modes, you can prioritize maintenance efforts where they deliver the most value. With a structured approach, you can put reliability at the heart of your operations and extend asset life, all while ensuring safety and compliance.
Build strong business cases
Leverage AVEVA Asset Strategy Optimization to build a strong business case for digital transformation with a clear ROI. Use its strategic decision-making capabilities to guide investment strategies that meet or exceed your sustainability goals.
Lower your carbon footprint
Gain insight into your current CO2 footprint and simulate multiple strategies and interdependencies to calculate long-term environmental impact. Identify improvement opportunities and evaluate their effects on sustainability, ensuring your operations meet ambitious sustainability targets.
Optimize inspection plans
Risk based inspection (RBI), powered by Amethyste, helps optimize inspection plans for pressure vessels, heat exchangers and piping. Clearly identify failure probability and consequences to prolong inspection intervals while guaranteeing compliance with environmental and safety regulations.
FAQs
AVEVA Flex subscription program is a simple credits-based system that spans any mix of cloud, hybrid, and on-premises solutions across the AVEVA portfolio. You are in control with a pay-as-you-use approach that allows you to easily scale your solution set.
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