Overview

Asset information and processes work better throughout the lifecycle with improved management.

How it works

By connecting all the stakeholders and lifecycle events involved in the concept/FEED, engineering, procurement, construction, commissioning, operations/maintenance and decommissioning phases of the asset, the solution can help improve management throughout the lifecycle.

How you benefit

By gaining control of critical information throughout the project lifecycle, you can:

  • facilitate collaboration between project teams
  • enable proactive monitoring of costs and schedules
  • enhance visibility into performance, and streamline handover

These capabilities can then support new levels of performance in production reliability, safety, yields and overall gross margins.

Success story

Dow Chemical works with IBM to increase space capacity use, improve capital planning, manage real estate leases, streamline operations, and reduce energy consumption in facilities throughout the enterprise.

  • 20 percent increase in facility use
  • US$4 million saved per year
  • US$200 million facility-related cost savings for relocation project

NEWS

Health, safety, and environment management

Leverage these technology solutions to reduce operational risk and address your health, safety, and environment challenges.

CASE STUDY

The Business of Things: Designing business models to win in the cognitive IoT

WHITE PAPER

A new natural resource: Your cognitive future in the oil and gas industry

Speak with an IBM Oil and Gas expert