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  • Contextualization

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    New Technologies for Asset Performance with Oracle Asset Solutions
    Tom Sichko, Product Strategy Director ALM Mark Hornick, Sr. Manager Development Data Mining Technologies Kamal Ajitsaria, Practice Head - Manufacturing IT Geometric Limited
    The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle.
    Program
    Introductory Remarks Manufacturing Operations Center and Enterprise Asset Management Predictive Analytics for Asset Management Summary and Conclusions Appendix
    Real-time Technologies for Asset Performance with Oracle Manufacturing Operations Center (MOC)
    Oracle OpenWorld 20008
    4
    Contents

    Benefits of Real-time Asset Performance Management Solution Demo – Real-time Equipment Performance Management Operations Environment Demonstration Scenario Solution Technical Details Demonstration About Geometric
    5
    Adverse impact of disconnected asset management systems
    Operational impact
    Increased mean time to repair Reduced mean time between failure
    Disconnect
    Loss of production capacity and schedule conformance
    Business impact
    Revenue loss due to
    Disconnect
    missed customer commitments; higher customer dissatisfaction
    Cost escalation due to
    increased cost of asset management loss of productivity on shop floor
    6
    Disconnected Preventive Maintenance (PM)
    Meter Reading for run hours and consumption
    Defined PM strategy
    Due date for PM
    PM done without information of actual condition
    Fixed cost incurred for each maintenance

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