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Asset Optimization: Improving Productivity & Reducing Costs in Industries
Asset Optimization: Improving Productivity & Reducing Costs in Industries
in industries
Problem:
Over the past two decades, discrete manufacturing and process industries have made great productivity
gains through effective implementation of advanced automation/efficient technologies. However, in the
face of increasing global competition and the demand to meet investor expectations, these productivity
gains are simply not enough to ensure future success.
Solution:
Above issues have forced many industries to re-evaluate their business models and move towards asset
optimization.
AO ensures Planning & assessment is done for every step of asset life cycle:
c) Commissioning
e) Decommissioning
AO has become a key driver for business excellence and improving operational efficiencies. It focuses on
making assets sweat and increase the profit generated by assets during lifecycle.