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Why Asset Data Quality Matters for Oil and Gas Operations

A turnaround is one of the most expensive events an oil and gas facility runs. Thousands of work orders. Hundreds of contractors who have never set foot in the facility before. Critical rotating equipment that has not been touched since the last major shutdown. Every...

NRX Extractor: Asset Data Extraction Software

A maintenance technician gets a work order The torque spec they need is buried in a scanned manual. The part number is in an invoice from two years ago. The nameplate data was never entered into Maximo. So before the repair starts, they spend 40 minutes hunting. Not...

Where Does the $200 Million Actually Go?

The hidden costs of poor asset data that never show up in your downtime reports According to Oxford Economics and Splunk, the average Global 2000 company loses nearly $200 million annually to unplanned downtime. For most organizations, that figure immediately brings...