Chapter 16 - Asset management systems

Abstract

Asset management systems are a class of software and hardware applications used in the process plants for the efficient and optimum utilization of the equipment. An asset management system helps the plant to drive the operational and maintenance excellence. There are various systems developed for various applications; they together as a suite help to monitor, analyze, predict, and report the asset performance. This chapter deals with plant asset management systems, instrument asset management systems (IAMS), and some of the key rendering technologies and standards. The key drivers for the deployment of such systems and role-based access to the systems are discussed at length. Some of the communication technologies mentioned in this chapter are dealt separately as individual chapters. At the end of the topic, the key features from the asset management systems from an instrumentation perspective are dealt in much more length with little overview on enterprise asset management systems. Some of the rendering technologies such as DD/EDDL and FDT are discussed in more detail for the instrumentation engineers to get more familiar with these technologies and hence help them to choose the same selectively, considering the needs of the plants. The plant asset management systems and the modeling and underlying benefits of such systems are also discussed to create awareness on the possibilities of asset management in a plant context extending the limits from instrumentation and control to assets such as pumps, electrical machinery, and rotating equipment.