Smart Asset Management through Predictive Analytics
Cherrywork® Predictive Asset Maintenance Application helps reduce, minimize, optimize asset lifecycle costs across all phases, from asset investment planning, network design, procurement, installation and commissioning, operation and maintenance through decommissioning and disposal/replacement.
Overview
Improved customer satisfaction and reliability
This application helps detect unexpected equipment failures that impact customer satisfaction and reliability. Customers expect planned outages to be communicated in advance to plan their consumption.This application helps maintain their assets proactively to avoid penalties.
Reduced total cost of ownership by prioritizing maintenance activities
This application utilizes historical data from multiple sources to build accurate, testable predictive models, which allows user to generate predictions and risk scores.
Improved overall safety and compliance
By integrating data from multiple sources - online monitoring systems, weather channels, along with non-operational data (operational rules, equipment data sheets, industry standards, etc.), companies can quickly identify safety risks and take suitable operation actions to mitigate them.
Details
Solution type
Extensions and Add-ons
Industry
Oil, Gas, and Energy, Industrial Manufacturing, Utilities, Mining, Mill Products
Compatibility
Works with
Features
Reduction in maintenance costs
Enables customers to use predictive analytics to predict and diagnose problems before they occur. This shifts maintenance from a reactive process to a proactive strategy, moving the organisation higher up the maintenance maturity pyramid.
Increased visibility into maintenance history
Ensures regular monitoring of the actual conditions of the equipment and process systems can reduce the number of unexpected equipment failures by approximately 55%. We can implement a preventative maintenance program that maximises return on asset investment.
Reduced downtime for repairs
The application reduces the actual time required to repair or recondition plant equipment. The mean time to repair (MTTR) by 60%Preventative maintenance is more cost-efficient compared to corrective maintenance, especially in the long term.
Plans and pricing
Starting Edition
Indicative Pricing. Does not include set up fee and SAP Cloud Platform license
Dependent on customer landscape, data and complexity
Includes 1 User Price unavailable in this region- Minimum contract 1 month
Indicative Pricing. Does not include set up fee and SAP Cloud Platform license
Dependent on customer landscape, data and complexity
Includes 1 User First Edition
Indicative Pricing. Does not include Set up fee and SAP Cloud Platform license.
Dependent on customer landscape, data and complexity.
30 Day max. contract duration.
Includes 1 User Price upon requestIndicative Pricing. Does not include Set up fee and SAP Cloud Platform license.
Dependent on customer landscape, data and complexity.
30 Day max. contract duration.
Includes 1 User
