asset management

  • AOG 2018 - Australian Oil & Gas Conference: Opportunity for Asset Management Council members

    aogAOG 2018 will be held 14-16 March 2018 in Perth, WA. The AMC’s WA Chapter has once again partnered with the organisers (Diversified Communications Australia) to organise a session at the AOG’s Knowledge Forum on the topic of “Asset Management – Improving Asset Performance”.

    AMC members have the opportunity to benefit from this in two ways:

  • Asset Management Capability and the Value of Asset Management

    AMC Perth Nov a1The WA Chapter finished the technical sessions year with a fantastic evening attracting interest from 65 asset management practitioners with which the session exceeded all expectations - standing room only! A great show of interest and support for Asset Management in the West.

    After a brief introduction, Sandy Dunn shared the difference between Asset Management capability, compliance and maturity. Next was Ernst Krauss sharing his research on understanding the value of asset management. Keen inerest and discussions continued into the following networking opportunity, where most people stayed to catch up with old acquaintances and to make some new ones. Please enjoy some snaps taken at the event below.

  • Asset Management Concept Model

  • Be Data Driven and Drive Better Results

    BLOG19Discover how an Australian utilities company used big data-driven insights to optimise lifecycle planning, budgeting and strategic management. The solution was easy to use and easy to understand, enabling the organisation to proactively identify problematic or costly assets prior to asset failure and to use predicted future costs to inform annual maintenance activity. Discover how the intelligent allocation of limited resources and the accurate forecasting of future asset costs provide huge benefits.

    Read more here. (This content is available for members only, see our affordable membership options here).

  • Big Data - Better Profits

    Better ProfitsToday’s tough financial climate and market competition requires organisations to improve their productivity and asset performance with less resources and capital. Discover how Asset Performance Management (APM) strives to use the increasingly large amounts of data to help asset management professionals make better decisions for their businesses.

    For many decades, asset intensive organisations have been collecting data to improve asset performance. Over the last few years, the term ‘Big Data’ has been referred to repeatedly by executives, practitioners, and vendors across industry forums, online blogs, and social media. Recently, the level of interest has shifted from simply understanding ‘what Big Data is’ and more towards ‘How can we use Big Data to improve asset performance and revenue’.

    Read more here. (This content is available for members only, see our affordable membership options here).

  • Big Data - Big Benefits?

    BLOG 16 imageBig Data is a hot topic - there's an increasing trend to focus on the value that data analytics can bring to business. But despite the buzz, there is very little attention being paid to the quality of all this data. Discover just how important quality is when it comes to your data and learn about a simple four step solution to improving data quality.

    With so many new tools and software being developed to provide 'silver bullet' solutions, from advanced dashboard and reporting to graphic visualisation and predictive capabilities, it's important to keep in mind the challenges to managing all this information, and the dangers that inaccurate or poor quality data can pose to your business. Here's how to avoid potential losses and incorrect decisions being made due to dodgy data.

    Read more here. (This content is available for members only, see our affordable membership options here).

  • Brisbane looks at Digital Engineering

    Brisbane 21 March Pic 4 CROPPEDWednesday, March 21st, saw the Brisbane chapter host a technical seminar on the subject of Digital Engineering. A well attended evening seminar saw Ian Hardcastle (Digital Engineering Practice Director from Jacobs) present his observations and thoughts on the evolution of Building Information Modelling (BIM) into DE, and how the value of digital information can be created and also eroded.

  • Canberra explores Asset Intensive Industries

    Canberra 22 March 2018The Canberra Chapter of the AMC held our 2018 AGM and a presentation on the evening of the 22nd March at Engineering House in Canberra. This is a wonderful venue for presentations and the Engineers Australia staff, as usual do everything they can to make the evening run like clockwork.

    After a get together session over tea and coffee, it was down to business in the main auditorium. The presentation was about Asset Management Systems in Asset Intensive Industries, and with a total of 17 attendees from universities, defence, electricity distribution and consulting engineers, there was plenty of input from the audience, making for an interesting evening.

  • Catch up on our recent episodes on AMC-TV!

    tv 1015426 1920We've now just passed our fourth session in our fortnightly 'Asset Management in Action' series, showcasing projects from our Excellence Awards finalists during AMPEAK16 and 17. Thank you to David Scott from Wave Digital, who took the time to tell us all about their project, developing a system integration and data visualisation framework for South East Water, and to Tim Purves from Icon Water who talked us through the development of a Program of Work Balance Model.

  • December Meeting Point out now

    AMC Newsletter AlertAMCouncil December e-news out now - check your inboxes and find out all the latest or view it here.

    If you're not yet signed up to receive WiAM emails, you can do so here. All of us here at the AMCouncil would like to wish you a happy holidays and prosperous new year. Thanks for your support. Please note the office is closed between December 23 and reopening on January 15. We hope to bring you more great events and news during 2018. See you then!

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  • Exciting times ahead for AMC

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    It was a busy time over the weekend for the AMC, where our leadership team brought together exciting ideas and suggestions for the future of the AMC. It's looking to be a great few months ahead. If you would like to become more involved and have more of a say, please get in touch with your local chapter and ask how you can get more involved. Remember the Asset Management Council is for you - an organisation built for our members by our members.

  • Get recognition for your asset management successes at AMPEAK

    AMPEAK Awards

    The Asset Management Council’s Excellence in Asset Management Awards recognise and honour success in asset management projects.

    Nominating for an industry award is a great way to receive recognition for you and your organisation’s hard work and achievements in asset management. It’s an exceptional promotional tool for your company and will put you at the forefront of the asset management industry.

  • Get the latest on WiAM

    WiAM Newsletter Alert

    WiAM e-news out now - check your inboxes and find out all the latest or view it here.

    If you're not yet signed up to receive WiAM emails, you can do so here. All of us here in the Women in Asset Management team would like to wish you a happy holidays and prosperous new year. Thanks for your support so far. We hope to bring you more great events and news during 2018.

  • How a maintenance task captured the imagination of Victorians

    Maintenance TaskA heavy vehicle convoy as heavy as a jumbo jet has made a slow 200km long journey from the Latrobe Valley to the Port in Melbourne. Carrying a spare generator from the Loy Yang Power Station to a ship in port at Melbourne (where it will be transported to Germany for maintenance), the convoy travelled by road in the dea of night at 15-20km/hour over 3 nights.

  • How Smart is your Data?

    Number globeThe Auburn Stabling project involves the construction of a new train stabling facility in Sydney's north-west, with the aim of catering for the expected increase in train services in Sydney's inner-west and south-west. Discover how a smarter use of data would prove critical to the project's success.

    Arup were engaged to deliver an Asset Management model for use during maintenance and improvement works. Through the use of leading software integration solution FME, Arup's team provided a solution which allowed for seamless transferring of features between disciplines regardless of the native format of the design software being used.

    Read more here. (This content is available for members only, see our affordable membership options here.)

  • How to Identify the Principles of Asset Management

    A thorough overview of asset management to understand how AM fundamentals can provide benefits to an organization...

  • How to use Analytics to Prevent the Deferral of Critical Maintenance

    Tech Article 1What can asset managers do to prevent the deferral of critical maintenance? And how can they use analytics to assist with this?

    When budgets are tight, or there are competing priorities for funds, deferring maintenance is an easy target for decision-makers in Finance, or Executive Budget Committees.

  • Integrating the Analytics

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    Capturing data is all well and good, but converting it into meaningful information that informs key decision making, in a timely way, can be a real challenge. Discover the core barriers to effectively gathering, cleansing and then analysing data so you can improve you data management and ultimately, make better business decisions.

     

    Read more here. (This content is available for members only, see our affordable membership options here).

    #bigdata, #assetmanagement, #analytics, #lifecyclecost, #performancemanagement, #assethealthmanagement,

  • It's not too late to register for this Friday's Symposium

    handshakeCongratulations to Alex Afshar, winner of a free ticket to this Friday's Digital Infrastructure  Smposium! We look forward to seeing you there. For the rest of you, it's not too late to register here.

    AMC’s annual technical symposium will improve your knowledge of digital infrastructure in asset management. Featuring presentations by thought-leaders highlighting cutting edge case studies, the symposium will explore national best practices on key challenges affecting a range of industries using digital infrastructure. Tickets only $350 for members and $450 for non-members. Register today or find out more about becoming a member here.

    Friday 17th November 2017, 9.00am – 5.00pm, Windsor Hotel Melbourne. Tickets only $350 for members and $450 for non-members.