ASSET HEALTH FRAMEWORK

Asset-intensive organizations drive the foundations of heavy industrial activity worldwide. They play a crucial role in enhancing productivity and delivering economic growth, constituting the foundation of all other human activities.

However, these industries face multiple challenges in terms of achieving optimal asset performance and unlocking the full potential of their operations.

L&T Technology Services’ (LTTS) Asset Health Framework (AHF) is a real-time, cloud-native-based platform that gathers, analyzes, diagnoses, and acts on key asset health parameters leveraging the power of AI. It offers a scalable and customizable data pipeline, empowering organizations to make quick decisions. The framework also includes anomaly-prediction models for early failure predictions.

Challenges

Asset-intensive organizations are characterized by:

A prevalence of legacy processes and systems

An inability to proactively address sudden asset breakdowns and plant shutdowns

The need for a lengthy and complex analysis for uncovering root causes of unscheduled breakdowns

An extended asset downtime and multiple inefficiencies impacting overall productivity

An inadequate ability to leverage asset values due to limited insights and analytics

Key Features

The AHF platform enables:

Benefits

For its global users, AHF delivers:

Reduced Equipment Downtime

Minimize disruptions with a 10-20% reduction in equipment downtime, helping optimize overall productivity

Maximized Asset Value

Plan maintenance schedules to maximize asset value and extend operational life

Increased Productivity

Boost productivity by 5-15% through streamlined asset management and efficient maintenance processes

Cost Optimization

Realize substantial savings with a 2-10% reduction in maintenance costs and drive enhanced efficiency and profitability

Gain a Competitive Advantage

Achieve operational excellence, outperform competitors, and stay ahead in the market

Revolutionize your asset management practices and unleash the power of data-driven insights with AHF. Get started today.