Oil, Gas & Petrochemical Solutions

Ventyx Enterprise Asset Management solutions provide a full, clear view of an organization’s asset infrastructure and the workforce maintaining it. Our capabilities extend beyond traditional production assets. With Ventyx, you can manage multiple asset types and still have one clear view of the entire asset infrastructure. Key benefits include:

• Improving asset and resource utilization
• Improving equipment readiness
• Increasing safety and mitigated risk
• Reducing asset lifecycle costs
• Ensuring supply chain availability and visibility

Improving performance while managing costs effectively is dependent on equipment reliability and asset health. Proven maintenance strategies—including preventative and predictive programs, long-term asset management, and the ability to measure a program’s performance—are essential to optimizing asset reliability and operation performance. Key Benefits include:

• Selection of the most appropriate maintenance strategies by asset type.
• Reduced asset failure through better prioritization of key issues and work.
• Optimized maintenance operations through the ranking of key activities.
• Greater insight into key resourcing challenges, delivering smarter project management.
• Improved asset reliability from a comprehensive view of asset health and plant operations effectiveness.

Managing routine duties in a complex operations environment demands a comprehensive strategy. Ventyx solutions for operations management enable plant operators and maintenance personnel to optimize performance around plant-specific procedures and processes. Key benefits include:

• Providing a consistent, organized, and integrated approach to activities related to plant operation
• Reducing the time and costs associated with operation and maintenance activities
• Promoting and enhancing consistency and compliance with procedures, regulations and best practices
• Optimizing the access and dissemination of critical information throughout the plant to make better informed decisions
• Providing better integration of plant operation processes

Asset intensive organizations service and operate their assets in the field, where they live. This workforce is often distributed across vast distances, or in remote and dangerous locations, and exposed to volatile conditions. Ventyx solutions provide unique mobile business applications that take asset management and business processes to the work site to automate processes and to safely and efficiently perform inspections, maintenance and repairs.

• Improving quality, consistency and efficiency of asset-based work
• Reducing workforce fatigue and improving workforce safety
• Increasing asset productivity and asset availability
• Facilitating compliance with asset strategies established and managed in EAM systems
• Reducing cost of asset maintenance and workforce deployment
• Providing governance over work processes in the field
• Improving visibility of assets and workforce
• Standardizing or policies and processes in the field and across the organization

Understanding parts management and inventory optimization plays an important role in an organization’s success – particularly in relation to mission-critical assets. The challenge is how to best balance inventory levels. Ventyx Parts Management is the most effective way to reduce inventory while protecting against the risk of stock-outs. Key benefits include:

• Reducing asset down-time by increasing maintenance team efficiency
• Reducing working capital tied up in inventory
• Improving the effective management of stock
• Enabling all parts and service information to be found quickly and easily
• Providing accurate catalog descriptions and classifications

Asset intensive industries tend to focus more on the complex plants and equipment they use than the products they produce. Any interruption due to plant or equipment failure can result in lost production that may be unrecoverable. The enterprise asset management components of the ERP software are as important as material requirement planning components for a manufacturing organization. Asset-intensive ERP has been specifically designed to maximize asset productivity and help prevent equipment failure that can lead to lost revenue and safety and environmental risks. Key benefits include:

• Improving management of human resources and skilled labor
• More rigorous control of data collection for financial and managerial reporting
• More effective corporate governance and better transparency
• A more efficient supply chain that frees up capital tied up in inventory
• Improving availability of assets and reduced stock-outs of critical items

To improve strategic and tactical decision making, management need greater insight and visibility of all aspects of the operation – from the effectiveness of its staff to the performance of its plants and equipment. Ventyx Business Intelligence captures and aggregates rich data held across disparate software systems. Easily tailored for individual users or user groups, Ventyx Business Intelligence compiles the industry's best business practices into pre-packaged solutions to enable companies to more effectively monitor and manage their distributed assets on a real time, near-real time, and event-driven basis. Key benefits include:

• Prepackaged dashboards for high value KPIs such as asset health, work management, operations management, smart grid, and financials
• More timely and accurate reporting on the KPIs which matter most – working alongside your existing corporate BI strategy
• Improving decision making by capturing and aggregating the rich data held within software systems across the enterprise
• Better allocation of finite funding to generate the greatest return on investment
• Make costs and opportunities more accurate and visible throughout the organization, from line managers to executives
• Improving productivity and asset reliability by establishing baselines and best practices

Because having high quality data is essential to our clients, Ventyx provides investment-grade historical data and analysis, assembled with the industry’s most rigorous data collection and proofing procedures. In addition, our expertise enables us to model data and perform thorough research to enhance or extrapolate data where available sources are incomplete or nonexistent. Most importantly, customers are easily able to access this data to make it actionable. This solution includes:

• Mission-critical market intelligence delivered within an analytics package
• Most reliable source of market intelligence available in the market
• Unparalleled development and support team of 40+ content experts
• Leading-edge analytical tools which are constantly evolving, driven by customer feedback
• Single source for mission-critical market data