Dimensys experts presenting at asset management 4.0 event

08 September 2020 Consultancy.eu 3 min. read

Next week the Asset Performance 4.0 conference takes place, a 3-day virtual event that provides professionals asset management professionals the latest and greatest insights in their field of expertise. 

The theme of this year’s edition, held virtual in light of Covid-19, is Asset Performance 4.0 – a term used to describe the 4th industrial revolution currently sweeping through the asset management industry. Leveraging emerging technologies such as the internet of things, sensor technology, artificial intelligence, and advanced and predictive analytics, companies in asset-heavy sectors have the potential to fundamentally transform their operations, maintenance and asset management.

Two key topics which will take centre stage at the event are predictive maintenance and condition based maintenance. The prior focuses on ensuring intervention only when necessary, which reduces the intervention times of maintenance, optimises the costs including spare parts sourcing, and improves the machinery life cycle. By 2022, the fast-growing market for predictive maintenance will be worth to the tune of $11 billion globally.

Asset Performance 4.0

Meanwhile, condition based maintenance is a technique that uses real-time data to prioritise and optimise maintenance decisions. This allows asset managers to plan interventions on the fly when needed, in essence preventing failures, which reduces down time and overall costs associated to maintenance by doing the right thing, at the right time. 

The 4th edition of the event will see a strong line up of experts host virtual keynotes, conference sessions, webinars and round tables. This includes Knud Lasse Lueth, Managing Director of market insights firm IoT Analytics, Terrence O'Hanlon, the executive editor of the 5th Edition of the Asset Management Handbook, executives working in industry, as well as three experts from Dimensys.

Trio of Dimensys experts

One of the event’s main sponsors and knowledge partners, Dimensys, is putting forward Natalia Arribas Munoz, Sandrine Rauwoens and Judith Samyn, who all bring a track record in process and IT consultancy in capital intensive industries to the table. 

Natalia Arribas Munoz and Sandrine Rauwoens will team up with Bart Wuyts from Infrabel to share how connected maintenance is helping technicians at the Belgian rail operator improve their primary task of maintaining tracks, while increasing safety for staff. They also share how technology-driven enhancements can provide better integration between planning, scheduling, close monitoring and completion, which in turn brings rise to several benefits. 

Natalia Arribas Munoz, Sandrine Rauwoens and Judith Samyn - Dimensys

The session comes on the back of a long-standing working relationship between the two companies. Last year, Infrabel was one of the finalists for the Asset Performance 4.0 Award for a project that digitised its safety management processes, known as ‘ProDiGIS’ internally. Dimensys, a consultancy with offices in the Netherlands and Belgium, supported the rail network operator with the transformation. 

Judith Samyn’s session is focused on showcasing the potential of SAP's new cloud solution for asset management, namely Intelligent Asset Management (IAM). She will outline the main benefits of the cutting-edge solution, including higher availability of assets, fewer maintenance interventions and lower costs, and provide tips on how companies can get started. 

Who is attending Asset Performance 4.0?

The event is relevant for technical and managerial practitioners active in asset management. This includes Operations & Maintenance Managers, Plant Managers, Production Managers, Chief Technology Officers, Asset Managers, Maintenance & Reliability Engineers, Service Managers, Quality Managers and of course Digitisation Managers, Industry 4.0 Program Managers, AI & Data Engineers and IIoT specialists.