Welcome back to this new edition of Apac CIO Outlook !!!✖
November 201919 create accurate predictive models. With data-driven, self-learning models, which require little or no human interaction, anomalies can be detected much in advance. Information from AssetWise can be used in third-party systems while information from one or more third-party systems can be leveraged within AssetWise via a single, managed interoperable connection.Keeping in mind that high-quality, reliable assets can ensure optimal value, the company also offers asset reliability software that enables proactive strategies for long-term asset reliability and performance. Using the software, organizations gain access to advanced analytical, machine learning, and data science techniques that predict asset failures or operational events.Amplify Asset ValueIn the case of an American gas and electric utility holding company based in the southern U.S., AssetWise was deployed as the cradle-to-grave asset management system. The goal of this $3Mn project was to allow information to flow across disciplines, departments, and organizations from an asset's inception in conceptual design through operations and eventual decommissioning. The client used AssetWise for provisioning data to Maximo, the client's computerized maintenance management system. The utility company's asset-related data is now centralized, linked, and consistent with design procedures, standards, and guidelines across all of its engineering disciplines and outsourcing partners. To throw further light on AssetWise's unique value proposition, the case in point of a U.S. based global food processing and commodities trading corporation is befitting. They wanted to implement an asset management process across its geographically dispersed processing plants to increase safety, compliance, and operational integrity of plant assets. The client was also looking at optimizing capital planning costs associated with the inspections. The trading corporation installed AssetWise at four of its large geographically dispersed processing operations. Bentley software was used as the foundation for maintaining their mechanical integrity and better collect, analyze, communicate, and understand risk exposure as well as determine the most effective inspection processes. Bentley's single platform for analysis and data management along with its interoperability was instrumental in the effective implementation of the trading corporation's $1 million project.To fully realize the potential of building information modeling (BIM) in a connected data environment the company has also released AssetWise CONNECT to make the most of digital engineering models. Always a step ahead of the industry, the solution through immersive digital operations enables a client to view their current asset information in 3D and reality models. All a user needs to do is select an element in graphic view and AssetWise will display the underlying data related to the asset, including related documents, maintenance history, geospatial coordinates, degradation data, and more.Leaving no stone unturned to present an outcome-based solution for clients, Bentley Systems has a host of managed and professional services and service level agreements that maximize the productivity and efficiency of assets. Under a 'success plan,' model Bentley Systems includes everything a client needs to set up and configure project templates and managed workspaces, as well as security and rights management, i-model automation, and plotting and publishing frameworks. The model guarantees access to engineers and performance consultants who provide an annual health check, performance assessments, and software assessments. For clients looking for that extra push, Bentley Systems offers premium managed services that comprise 24x7 support and execution of business processes including project administration, CAD management, and document control. To get the best result out of Bentley software applications, the company's professional services include infrastructure and industry subject matter experts, program managers, certified project managers, and professional engineers, spanning over 40 distinct competencies.Always looking at new avenues to expand their footprint and expertise, recently Bentley Systems acquired ACE enterprise Slovakia, provider of innovative technology solutions to interface with enterprise resource planning (ERP), enterprise asset management (EAM), and geographical information systems (GIS). This move was to further support Bentley's digital twin cloud services to uniquely synchronize with enterprise IT, OT, and ET data sources. With eyes set on the future, Bentley Systems will continue to invest in research and development and partnerships that are set to offer new opportunities in innovation. Under a 'success plan,' model Bentley Systems includes everything a client needs to set up and configure project templates and managed workspaces, as well as security and rights management < Page 9 | Page 11 >