1. © 2015, Fiatech Asset Lifecycle Information Management (and some cool stuff) Ralph Rio Research Director ARC Advisory Group rrio@arcweb.com D&B Project Performance Management O&M Asset Performance Management Asset & Project Portfolio Management

2. 2 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC.

3. 3 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. D & BO & MPortfolio ALM Domains and Processes Design & BuildOperate & Maintain Portfolio Mgt.

4. 4 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. ALM Strategy: Model for Major ALM Processes Project Budget Schedule Quality Uptime Asset Longevity Expense Budget Safety P&L/ROA/ROI EH&S

5. 5 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. Model for Major ALM Processes Engr. Design Authoring Procurement Construction Project Management Doc. Mgt. Long Range Planning, Simulation, Financial EAM/FSM Work Order, Labor, Information Mgt., Inventory, Mobility, Contracts, Analytics PAM, EH&S, Reliability A sset I ntegrity M gt.

6. 6 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. Model for Major ALM Processes

7. 7 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. ALIM Survey Profile of Respondents  During Q1 2014 obtained 85 valid responses  Incentive to respond was a report with the results  Created and executed by ARC Advisory Group  Survey promotion by ARC and Reliabilityweb.com  Responses: 63% operations Plants worldwide

8. 8 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. Drivers for ALIM Question: Please rate the drivers for utilizing an ALIM system. Comments:  Responses consistent other ARC surveys  Key drivers impact financial reports Uptime affects the P&L statement with higher revenue and lower losses Asset Longevity affects the Balance Sheet by conserving cash and improving financial metrics

9. 9 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. Quality by Information Type Question: Does your asset information have data quality issues? Observation:  Pervasive data quality issues pervade the key document types Comments:  The general population probably has worse information quality

10. 10 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. Data Quality Problems Question: Which quality problems apply to your asset information? Observations:  Either: Too little (missing) Too much (duplicate) Can’t find Comment:  Causes (per other responses): Multiple siloed systems Poor handover Lack of Management of Change

11. 11 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. Handover Business Process Question: Which best describes the business process for handover of asset information? Observations:  Bulk documentation transfer and ad-hoc sharing during handover contribute to the data quality and usability problems Dark blue = have now Medium blue = in the 2014 budget Light blue = may do in the next 3 years % at the end of the bar = sum

12. 12 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. ALIM Improvement Question: How could your ALIM practices be improved? Observations:  Management of change improves data quality  Stage Gate Process Dark blue = have now Medium blue = in the 2014 budget Light blue = may do in the next 3 years % at the end of the bar = sum

13. 13 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. Stage Gate Process Risk Time Business Case Design Purchase Construction Launch Commission

14. 14 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. Asset Lifecycle Information Management Information Driven Asset Management D&B Project Performance Management O&M Asset Performance Management Asset & Project Portfolio Management Continuous Monitoring & Execution Portfolio Evaluation Project Based Start/End Preserved Information Shared Information

15. This presentation is copyrighted by ARC Advisory Group (ARC). The information is proprietary to ARC and it may not be reproduced without prior permission from ARC. Something Different PdM, IIoT, Analytics, and Augmented Reality

16. 16 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. Random Failures: Average = 82% Age Related Failures: Ave. = 18% SUBMEPP 2001 2% 10% 17% 9% 56% 6% Average 3% 8% 7% 8% 32% 42% Random Failures Age Related Failures Proactive Maintenance with IIoT and Analytics ApproachMethodComparison Reactive Run to failure and then repair 100X plus when failure occurs Preventive Service in a fixed time or cycle interval 2X Predictive: condition monitoring & single variable Monitor process data, identify bad trends, & alert prior to failure 1X Proactive: Analytics & multiple variables Equipment- specific data acquisition with algorithms, analytics, and/or a model Unscheduled downtime approaches zero 82% of Failures are Random

17. 17 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. Small Data within Big Data Big Data Volume of data set size Variety of sources & formats Velocity speed of generation Variability or inconsistency Small Data Small data set Specific & focused Slow Structured Analytics & KPIs Off-line Analysis Condition Monitoring Predictive Maintenance Yield & Quality Closed Loop PLM

18. 18 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. Mobile Business Process Automation Process Control System PdM using Historian, PAM, or Analytics EAM System Planner Alerts or Flags Process Data Work Orders Execute Work Order Workflow IIoT

19. 19 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. Equipment Complexity Guide through Augmented Reality Execute Work Order Microsoft HoloLens Vuzix Smart Glasses Process Control System

20. 20 © ARC Advisory Group This presentation may not be reproduced without prior permission from ARC. Asset Management: Final Thoughts  ALM Model Communications tool Optimize business processes  ALIM Stage Gate Process for Handover Governance for Change  Require IIoT & Condition Monitoring when sourcing Equipment D&BO&M Portfolio Ralph Rio Research Director ARC Advisory Group rrio@arcweb.com