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Use Data and Analytics to Harness the Power of Your Asset Data

As part of our Asset Performance Management suite, Asset Strategy Optimization (ASO) can increase asset reliability and availability, reducing maintenance costs while balancing equipment risk profiles. With ASO, you can determine the best approach to performing maintenance, inspection, or redesign activities, while effectively balancing risks and costs. Most importantly, it enables intelligent asset strategies to manage it all for you, automatically.

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Asset Strategy Optimization Features

GE Digital Maintenance Optimization
  1. Reliability centered maintenance (RCM)

    Reliability centered maintenance (RCM)

    Facilitates the development of strategies that will reduce the effects of functional failures from a system perspective. Based on the SAE standard JA1011, “Evaluation Criteria for Reliability-Centered Maintenance Processes.”
  2. Failure mode and effects analysis (FMEA)

    Failure mode and effects analysis (FMEA)

    Provides a streamlined, asset-based or equipment-level alternative to an RCM approach, facilitating identification of failures and effects of each piece of equipment, and then provides the recommended actions to mitigate those failures.
  3. Lifecycle cost analysis

    Lifecycle cost analysis

    Helps you understand the “whole life” costs and when to “repair vs. replace” by capturing all relevant cost data associated with individual assets, groups of assets, or entire fleets.
  4. Strategy management

    Strategy management

    Provides a common methodology to define actions and their mitigated risks for any asset, providing the ability to evaluate existing plans with basic qualitative risk analysis that is both straightforward and easy to use.
  5. Strategy library

    Strategy library

    Provides pre-defined asset strategy templates that include likely risks and recommended mitigating actions for more than 600 common equipment categories. The performance of asset strategies can be optimized over the long term, reducing costs over a defined period of time.
  6. Financial and risk simulation

    Financial and risk simulation

    Enables you to validate existing plans or consider strategy changes to update and implement plans that are optimal and can be activated effectively to manage risk.

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