Etteplan Asset Information Management

Asset Information Management

In capital-intensive companies, downtimes become increasingly expensive due to lost production capacity. Therefore it is imperative to maximize the assets’ productive life cycle by optimized maintenance programs and efficient use of assets. In addition, safety issues and regulations have an ever growing impact on how the assets are operated and maintained.

Key Benefits
Improved safety
Efficient use of assets
Improved uptime
Service for your asset information management
Etteplan AIM
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Etteplan’s services in asset information management (AIM) are geared to ensure correct technical documentation in investment projects, reduce asset information management costs as well as increase safety and service responsiveness to maximize asset uptime.

We can take full responsibility of your asset information management as a service, so that you can focus on your core business. Companies such as Fortum, Finavia, Outokumpu, and E.ON, entrust Etteplan’s services in asset information management.

You should contact us if your organization is facing the following challenges:

  • you are starting an investment project, but it seems that the asset information is not up-to-date and there is uncertainty about the location of the master data
  • documentation requirements missing or inadequate
  • project planning and closures are suffering from long lead times
  • there are no clear roles and responsibilities in asset information management
  • asset information is only partly digitized
  • maintenance engineers spend too much time in correcting erroneous asset information
  • you want to make sure that your asset information fulfills all relevant safety regulations and enhances occupational safety by minimizing work related accidents

Smooth service and maintenance operations depend on accurate and up-to-date information

According to several studies, a maintenance engineer spends 30 per cent of his/her time in searching for the right asset information such as the as-built drawings, work instructions, maintenance and repair records and structures. Therefore a key factor impacting the efficient use and maintenance of physical assets is the quick and easy access to high quality asset information.

The benefits of high-quality asset information as a service for operations and maintenance:

- maintenance engineers save time thanks to accurate and up-to-date information
- improved occupational safety
- decision making is based on up-to-date and correct information reducing risks
- decreased dependency on individuals’ competences and knowledge


High-quality asset information decrease investment project’s costs

In investment and modernization projects, engineers require reliable and up-to-date baseline data for multiple simultaneous projects. Erroneous asset information can have a huge impact on the total investment costs and schedules. Therefore it is important to ensure prompt access to the valid asset information already before the beginning of an investment project.

The benefits of high quality asset information as a service for investment projects:

- shorter lead times as asset information is correct from the beginning of the project and it can be easily found-
- cost savings as there is no need to make corrections to data in the course of the project
- engineers can rely on the validity of the data
- personnel can be allocated to value adding activities instead of updating erroneous information


Standards to support effective information management

ISO 55000 - for long-term asset management

ISO 55000 is a series of standards for optimised asset management. The core feature of the standard is the establishment of an Asset Management System (AMS). An AMS is set up to manage, coordinate and control the business so that an organisation realises the values of its facility in a cost-effective and resource-efficient way and achieves its defined goals.

Facility information is an asset that, when managed correctly, adds great value to an organisation. This value needs to be realised in order to meet the information needs required by efficient asset management. Etteplan’s AIM is based on the requirements and guidelines set out in ISO 55000 to establish effective information management and to make sure that the company’s information requirements are met.

ISO 19650 - throughout the life cycle

During the life cycle of a facility, a very large amount of information is produced and processed, above all in different types of projects. Almost all major investment projects today work with BIM (Building Information Modelling), which in simple terms can be described as an approach to how integrated digitalisation of the entire construction and management process is applied. This way of working creates completely new challenges, above all for the receiving and managing organisation.

ISO 19650 is an international standard embracing the different aspects of information management throughout a facility’s life cycle, in both project and operational phases. Ownership, coordination, requirement management and information processes are some of the important elements described in the standard.

Together with ISO 55000, it forms a robust framework for effective information management to make sure that the organisation achieves its defined goals.

ISO 81346 - for industrial facilities

What does it cost to run an industrial facility? What are the different parts of a piece of equipment and how do they fit together? What information is available for a product? These are questions that the ISO 81346 standard can help to answer.

This standard deals with how to structure industrial systems, installations, equipment and products, and how to assign reference designations to all parts. This makes it possible to identify all constituent objects and link information and documents to the objects.

A facility that is structured in accordance with ISO 81346 has major advantages when it comes to conversion and extension works. It will be easier to keep the facility register and associated information updated by “extending” the existing system.

Relying on an established standard also provides clarity in collaboration and communication with external contractors and facilitates the exchange of information.

Structuring information for a facility also makes troubleshooting and maintenance more efficient.


Asset Information Management: Downloads

The Plant Manager in 2020s

eBook | PDF | 8.5 MB

Developing MedTech devices - guidebook

Guide | 3 | 4.94 MB

Eric Tengstrand

Eric Tengstrand

Global Service Solutions Director Technical Communication Solutions
+46 70 757 74 40
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