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Asset Performance Management Systems (APMS): Automating the Opportunity Analysis Process

In the last chapter, we have discussed the manual interview method of collecting event data to determine the candidates for Root Cause Analysis (RCA). Now, let’s consider automating the process of event data collection. When we talk about automating data collection, we are really discussing how to collect event data on a day-to-day basis using modern data collection and analysis tools. When we employ sophisticated data collection and analysis techniques, we can visualize the data in a way that turns random events into actionable information.

In this chapter, we will discuss what is needed to implement a comprehensive event recording data system. Below ...

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