The KBAI™ Business Strategy for our Clients

Historically, companies managed and maintained their assets using reactive or proactive strategies. These legacy approaches to asset management resulted in:

• Expending significantly more resources than necessary maintaining assets that have little impact on the business.

• Expending less resources than necessary maintaining business critical assets that have high consequence of failure.

• A substantial disconnect between the money spent on maintenance and the company's strategic objectives.

• A lack of knowledge management in how assets should be maintained.

“One of the main challenges in asset management is capturing knowledge about equipment at each phase of the life-cycle and sharing this knowledge between personnel  involved in [all] phases of the [product] life-cycle” Oil & Gas processing review 2006

KBM's risk-based management approach establishes a clear priority for organizations' maintenance expenditures, objectively focusing resources on those assets representing the greatest business and technical risk to the organization. KBM's risk-based technologies will typically:

• Quickly identify those assets that have the greatest and least impact on the organization and it's stakeholders

• Optimize maintenance strategies to the asset risk classification

• Improve the reliability and availability of critical assets

• Reduce overall maintenance costs (customers report savings of up to 51%)

• Establish lifecycle planning and costing through end of life

• Provide critical business intelligence on the asset portfolio

The KBAI™ Technical Strategy to meet our client's complete needs

Architecturally, KBM has moved well beyond the typical point solution for a single asset class, and successfully developed an enterprise platform capable of supporting any asset in any industry. New assets types can be added into the system, and the underlying data can be shared across clients. This means clients, if they choose to participate, can gain leverage from a rapidly expanding database of asset risk profile data gained from organizations with similar assets around the globe.

The bottom line is simply this: Clients will significantly benefit by embracing KBM's risk-based approach.  Contact your regional office to learn more »