Digital Transformation and Plant Maintenance

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Posted on 4 Oct 2019
Spending on Digital Transformation is expected to cross USD 1.5 trillion worldwide during the year 2019. A significant part of the investment goes into building innovative customer experience. However, several asset intensive organizations are seeing attractive ROIs by investing in solutions for Asset maintenance.
Plant and maintenance heads continuously look forward to increased uptime, reduced breakdown, reduced maintenance cost, reduced rework, increased asset productivity, increased technician wrench time and maximizing lifetime value of assets. Today’s technology provides several opportunities to the maintenance teams to achieve these objectives.

Organizations are adopting to various tools and technologies to realize the true value of their assets and are at various stages of adoption curve. IOT, Machine learning, drones for inspection, mobile solutions for field workers and seamless maintenance solutions are some of these.

As an option, several organizations choose their journey in digital transformation step by step. In this endeavour, a few low hanging fruits can help organizations move towards complete digital transformation and increasing the benefits step by step. One of the first changes organizations can adapt in early stages is to bring smart mobile solutions for technicians which help organizations in increasing the wrench time of technicians significantly and sometimes even by more than twice. This can be easier success story which can encourage for adopting other solutions.

Another quick success solutions can be adoption of cloud based analytics which can provide Asset insights and help in defining maintenance strategies. A further advanced solution could be Predictive maintenance can help in ensuring higher uptime of the assets.

, Digital Transformation and Plant Maintenance
Maventic is more than a decade old SAP services and products company with 100+ customers in several countries. Our unique solutions for Asset maintenance, Track and Trace, Service management are being used successfully by customers in multiple Industries.
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