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News Release from: ARC Advisory Group | Subject: ALM
Edited by the Processingtalk Editorial
Team on 07 April 2008
Asset Lifecycle Management (ALM) Forum
in Texas
The ARC Advisory Group will host its first annual Asset Lifecycle Management (ALM) Forum, from 13 - 15 October 2008 in Houston, Texas
This event will bring together stakeholders and suppliers to discuss how better Asset Information Management (AIM) can help them optimise performance in every asset lifecycle stage Companies will learn how AIM impacts asset performance while networking with others to discuss common issues
This article was originally published on Processingtalk on 19 Dec 2006 at 8.00am (UK)
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The ALM Forum is high on the agenda of executives in manufacturing, utilities, and every other enterprise where success depends upon complex equipment.
These executives must worry about capital budget overruns and start-up delays that can turn excellent market opportunities into major calamities.
They are also concerned with revenue, safety, compliance, quality, and operating cost problems that arise when performance in operating plants is not optimised.
AIM is the foundation for and key enabler of excellence in every asset lifecycle stage.
Studies show that asset-intensive organizations suffer staggering losses each year as a result of poor AIM across plant design, build, and handover.
AIM issues, likewise, plague groups involved with facility operation and maintenance.
Neglect in this area has also been linked to major safety and compliance violations that blemish corporate reputations and jeopardise their survival.
"ARC research shows that collaboration and teamwork across all asset stakeholders is vital to ensuring good AIM," states Sid Snitkin, Vice President and General Manager of ARC Enterprise Advisory Services.
"Each group needs to appreciate the impact their practices have on asset performance and align their practices and goals to achieve optimal performance".
The ARC Asset Lifecycle Management Forum is a must-attend event that provides the following opportunities:.
* Learn about the "hidden ways" that AIM impacts Asset Performance.
* Gain the knowledge to identify significant "hidden costs" in your AIM programme.
* Discover what leading companies are doing to overcome cultural, contractual, and infrastructure roadblocks that frustrate collaborative programmes.
* Understand what technology suppliers are doing to enable you to improve AIM.
* See what industry and standards groups are doing to enable better information interoperability.
* Share challenges, ideas, and strategies with peers.
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