Asset Reliability Center

ASSET RELIABILITY CENTER

Cohesive solution suite to improve asset reliability

All industrial manufacturing organizations invest heavily in assets and processes to realize their business objectives. However, these investments are under constant threat and need to be protected by optimizing the utility and extending the usability of the legacy assets. One of the primary challenges that manufacturers face is getting the best out of their installed asset base by extending its life for reliable operations. As a result, many industrial manufacturers are increasingly focusing on investing in new technologies to transform their operations and better manage asset reliability challenges. Most of these Industry 4.0 and connected enterprise initiatives are designed around the asset lifecycle.

Improving asset reliability is a strategic business initiative that has an asset maintenance and reliability component

Society for Maintenance and Reliability Professionals

OUR OFFERING

The LTTS Asset Reliability Center (ARC) is a portfolio of five solutions and one advisory service to help asset-intensive manufacturers drive reliable operations optimally by balancing costs, availability, and reliability of assets. The ARC portfolio offers a six-pillar framework to help manufacturers identify and methodically address different asset and process-related challenges at various levels – from factory level to asset component level.

Manufacturers can leverage the framework comprising Compliance, Spare parts and Procurement, Manufacturing Process Reliability, Manufacturing Asset Reliability, and Component-level Diagnostics to tackle asset reliability issues effectively. We understand that all manufacturers do not face the same type of asset reliability challenges. The ARC Advisory service helps in assessing the requirements and asset reliability program maturity of any manufacturing organization, be it big or small. The ARC Portfolio is a cohesive yet flexible offering that allows manufacturers to select any number of solutions based on their requirements and asset-specific challenges.

WHAT MAKES US DIFFERENT

One-stop-shop for manufacturers with the capability to address asset reliability challenges under one umbrella

Flexibility to select from ARC ’Solution bouquet’ based on asset-specific requirements

Multiple architecture options for deployment - on-premise, cloud, hybrid, and partner platform integration

Feasibility to deploy individual solutions in an ’as-a-Service (aaS)’ approach for greater speed-to-implementation

Partner alliances with Microsoft, SAP, PTC, AVEVA, Siemens, and Ignition to suit customer needs

ASSET RELIABILITY CENTER

Our benefits and use cases

ARC BENEFITS

SERVING CUSTOMERS ACROSS INDUSTRIES

Five million documents, 85 technology platforms reviewed as part of Asset Data Advisory for 17 refineries of an oil and gas major in the USA

Cost saving of up to $350K/annum in labor cost through Reliability-centered Maintenance or RCM-driven program for the world’s largest food and beverages (F&B) company in the USA

30% improvement in parts data quality through parts reclassification and enrichment for the world’s largest food packaging company in Europe

More than 5% in operator efficiency and productivity improvement through real-time decision support for a leading elevator manufacturer in the USA

Reduction in overall downtime by up to 20% through Asset Condition Monitoring (ACM) for an automotive major in the USA

95% accuracy in fault detection through Condition-based Maintenance (CBM) pilot for airport baggage system for a European material handling original equipment manufacturer (OEM)