AllAssets to digitalise inspection and maintenance for oil and gas: Lloyd’s Register

night allassetLloyd’s Register (LR), one of the leading global providers of engineering and technology-centric professional services, has launched AllAssets, a SaaS-based asset performance management (APM) platform, aiming to maximise asset availability and reduce costs and risk of unplanned maintenance or asset failure

AllAssets aims to deliver greater certainty, operational efficiencies and cost savings. It delivers a suite of features and capabilities such as LR’s model builder and ERP system integration (SAP and IBM Maximo).

“The ability to build custom models in days rather than months using code-free techniques brings immediate benefits. Once built, the custom models can rapidly provide new performance and risk insights that better inform teams across an enterprise. Increased knowledge sharing and productivity between different teams and disciplines are some of the measurable benefits that may accrue. The efficient data link with ERP systems further drives operational efficiencies, through greater clarity and certainty in the maintenance and planning schedules,” said LR.

“As organisations seek to do more with less, so the need for certainty, clarity and assurance becomes ever more critical. AllAssets has been developed in response to this and draws on LR’s extensive industry knowledge, engineering prowess and integrity and risk management experience,” said Tim Bisley, senior vice-president for software at LR.

A conflux of fiscal, regulatory and technology issues has driven a need for more dynamic and imaginative solutions that can underpin asset risk and performance management strategies. LR’s approach has focused on engineering a highly ‘user-customisable’ software platform that is built to support process and individuals to modify processes to suit the needs of the technology.

Engineered from the ground up, AllAssets further provides a modern digital platform, aiming to better assess, prioritise, manage and maintain complex fixed assets whilst delivering operational efficiencies and cost savings.

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