Asset Management
At a Glance
Our goal is to achieve the highest ROI possible for your assets, ultimately outperforming your company's bottom line.
The obstacle is failing to properly maintain assets throughout their entire lifecycle, resulting in unnecessary risk and cost.
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APM Solutions to Support Lifecycle from CAPEX to OPEX
At ABS Group, we support your asset lifecycle journey by identifying and transforming your organizational objectives into Asset Performance Management (APM) objectives. To do this, we consider the key circumstances that affect your organization, including environmental, social and cultural factors, to develop policies, risk identification and programs that will ultimately create a systematic approach your organization can lean on for success.
This systematic asset management process considers the perspective of internal and external stakeholders, as well as the regulatory compliance necessary to manage performance in an effective and efficient manner.
From The Knowledge Center
Building a Culture of Reliability with Terrence O'Hanlon
Update Your Asset Management Risk Perspective
When it comes to asset performance management, one size hardly fits all. Some organizations have well-developed programs and workflows and are in the process of moving up to another level of performance, while others are still in the process of establishing a performance asset management program that can streamline operations without breaking the bank.
We understand that not everyone is in the same place on their asset performance management journey or even has the same priorities. Regardless of where your organization stands, we can meet you where you're at.
Catastrophic Risk vs. Operational Risk
We can help you address both catastrophic and operational risks across your asset lifecycle. While operational risks often have lower consequences (i.e., a loose valve), they do occur more frequently resulting in avoidable disruptions. Catastrophic risks, although occurring at a lower frequency, are not to be ignored as the consequences can be astronomical.
Our industry experts understand that shareholder values take both catastrophic and operational risk into consideration. By addressing: (1) Regulatory Compliance, (2) Operational Efficiency and (3) Safety, we operate in a framework that naturally allows your organization to embrace the big picture of Reliability and Integrity.
Podcast
Building a Culture of Reliability: Technology, Training and Transformation
Join Risk Matters X.0 Podcast host Frank Morphis III and special guest Terrence O'Hanlon, Founder and CEO of Reliabilityweb, as they dive deep into building a culture of reliability and the future of asset management. With over 40 years of experience, O'Hanlon shares invaluable insights on integrating new technologies with fundamental maintenance practices, addressing the challenges of data quality and embracing AI in industrial operations.
Listen Now
Explore Asset Management Services
Asset Integrity Management
Our integrated solution for operators can help mitigate risk, decrease costs and improve operational performance. Our AIM methodology puts your return-on-investment front and center to help you achieve structural, mechanical and control system integrity.
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Asset Performance Management Solutions
Our Asset Performance Management (APM) software and services provide unique value to critical infrastructure and help optimize performance across the asset lifecycle. ABS Group and our strategic partners offer a range of solutions that enable continuous improvement through software implementation.
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Asset Reliability Solutions
We engineer asset reliability programs that maximize equipment life and minimize scheduled and unscheduled downtime. Explore our approach for optimizing asset performance using advanced technologies to build and maintain best-in-class Enterprise Asset Management (EAM) systems.
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Structural Integrity Management
Supporting and optimizing the lifecycle of an asset is at the core of what we do. An effective SIM program is critical to confirm the integrity of an asset during design and construction and then maintaining that asset throughout its useful life.
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Our Ecosystem of Partners
Our partners make the difference. With customers industry-wide, we understand there are niche asset management needs and challenges that must be addressed. Our agnostic approach and dedicated partners allow us to integrate products and services into comprehensive solutions that allow our clients to achieve the highest ROI possible for their assets.
Asset Performance Management Case Studies
AIM Strategy Reduces FPSO Maintenance Backlog 40%
Learn how an optimized integrity management plan improved critical maintenance activities for an offshore operating company.
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Optimizing Asset Reliability for Global Agribusiness Network
Read how our asset reliability solution helped a global manufacturer of agricultural products achieve a 22% reduction in total annual maintenance spend. Read More
Utility Company Gains Enterprise Efficiency with EAM Solution
See how we implemented a significant enterprise asset management upgrade and consolidated software systems across divisions. Read More
Markets We Work In
ABS Group assists clients in a range of market sectors in the areas of Asset Management, including:
Marine and Offshore
We apply comprehensive risk-based strategies to help marine and offshore operators achieve maximum uptime and lower their operational costs and risk, all while remaining safe and compliant.
Oil, Gas and Chemical
Across the oil, gas and chemical value chain and asset lifecycle, our safety, risk and compliance engineering team work with clients to assure project success, preserve their licenses to operate and help improve the safety, performance and efficiency of businesses operating upstream, midstream and downstream sectors.
Pharmaceutical and Life Sciences
From assessing the current state of maintenance and asset management practices to implementing major computerized maintenance management systems and technology, we help clients develop long-term enterprise asset management strategies.
Other Markets
We help companies in the biotech, manufacturing, industrial and mining industries navigate successfully through various complex regulations to remain competitive in an increasingly global marketplace.
Next Steps
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