Paper title

Virtualization – “Bringing Reality to your Asset Management”

Author: Mr. Issam Karkoutli
Affiliation: Managing Director of Middle East, INOVx Solutions,  USA

In an asset-intensive operation, quick and integrated access to current and accurate asset information including field physical conditions will significantly improve the decision making cycle of a wide range of daily Operation and Maintence activities. It will also enable better informed decisions with faster response time leading to achieving higher level of productivity, safety and plant reliability. 

INOVx will be presenting its innovative Virtualization solution – a software platform based on the integration of 3D electronic models representing the actual physical conditions of the assets with the plant enterprise data systems such as SAP PM, OSIsoft PI, Meridium and other operation and document management systems.

Based on this user-friendly virtualization environment, plant operators are able to review, query and visualize reliability, operation and maintenance data while walking through their “virtual” physical assets right from their desktops.

Virtualization Solutions address key areas in plant asset management:

• Challenges with asset “as-built” data from capturing it, accessing & integrating it with enterprise systems to managing and sustaining it with a complete change management process.
• Strategic approach to asset management – filling the information gap in asset data management
• Enabling streamlined day to day activities for all plant functions from Operation, Maintenance to Engineering and Inspection.
• Collaboration across functional work groups at the plant enabling faster and better decisions with regards to turn around planning, system shutdown and start up sequencing, access points, isolation and safety procedures and emergency response.
• Knowledge Capture and Sharing across plant functional groups.
• Simple and easy platform with “one touch” access to all asset data based on tag numbers.