Process Improvement:
Improve data retention policies by eliminating the purge of retired asset data
Greater volume of historical data to train models
Leveraging analytics to better predict asset failures based on historical outage and asset data to move from emergent to planned work
Reduce O&M, increase reliability
Tools Improvement:
Use of tablets and mobile inspection forms in field to streamline maintenance data collection
Easier capture of data into source systems and more complete/standardized datasets
Reduce safety incidents, reduce O&M
Incorporate inspection data with operational data to proactively identify risks or failures