OGV Innovation & Technology in Energy Annual 2021

Page 35

INNOVATION & TECHNOLOGY ANNUAL 2021

AIDA MAX ™ - MAXimum Visibility, MAXimum Predictability, MAXimum Efficiencies A leading not lagging decision making process for effective asset management More so than ever asset managers need to know the options available to ensure resource is cost-effectively deployed and commercial decision-making is sound and demonstrable. With AIDA MAX – our new advanced analytics software, we’ve developed a faster, simpler and more cost-effective way of solving difficult asset management challenges to accurately prioritise budget and resource. AIDA MAX performs in near real-time to collate, correlate, and analyse chemical, process and integrity data to predict current and future conditions. It provides an intuitive representation of the condition of your asset systems, including ambient conditions, degradation hot spots and remaining life. AIDA MAX helps operators move away from reactive asset integrity management to a more proactive/predictive approach. Having full visibility of your asset’s condition mitigates the risk and cost of failures and unplanned shutdowns and helps apply a more strategic focus to asset management plans.

The benefits • Accurate prioritisation of maintenance facilitates efficient inspection prioritisation and planning and provides exportable justification for decisions • Event-led integrity management - predict remaining life of plant and equipment by analysing both existing data sets as well as future scenarios and simulations • Full visibility - understand the consequences that process changes will have on your asset (remaining life, degradation rates, performance quality)

• Reduce OPEX – information that helps you cut the fat out of your inspection and maintenance regimes without compromising risk • Customisable to individual asset or operator needs - decide what’s most important to your asset and create a dashboard bespoke to your needs

Features • Near real-time updates of your asset health and condition - full visibility of process conditions and the effect on integrity variables • Drilldown capability – navigate from system level summary to urgent issues and alarms to the specific variables causing your risks in a few clicks • Effortless data set comparison - differentiate between genuine integrity issues and data anomalies or “bad actors” by accessing the detailed data quality summaries • Create recognisable technical drawings annotated with health indicator and alarm overlays so that you always know the status of your asset • Interactive and personalised – bespoke visualisations and dashboards to see the things that matter to your specific asset, supporting good commercial and operational decision-making • Leading not lagging results - Simulate process changes and analyse their impact on asset condition so that you can predict and plan for any eventuality

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Imrandd IMRANDD is a progressive, diverse and agile technology, data intelligence and engineering company specialising in digital enabled asset management. The company combines technical expertise and tactical implementation to help operators make informed decisions that will increase uptime, improve production and reduce costs on their assets. R&D is the driving force behind IMRANDD and its raison d’être. Over 25% of the company effort is invested towards R&D to ensure the continued development and evolution of its services and cutting-edge data analytics software. IMRANDD’s multi-disciplinary team of smart minds, customer-focused engineers and commercial advisors provide extensive experience in asset integrity management and specialist engineering to support its global customers’ fixed and floating offshore structures, marine systems and pressure systems.

Company Details Website: www.imrandd.com Email: enquiries@imrandd.com Tel: +44 (0)1224 937630 Address: 214 Union Street Aberdeen AB10 1TL Scotland, UK

Technology Development stage: undergoing field trials Launch date: Q1 2021

www.ogv.energy I 2021


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