As part of its COVID-19 crisis plan, announced in February 2020, Siveco has increased its investment in the Chinese market. The company made the strategic decision to provide extra funding not only for R&D but also for marketing activities.

It is often said that maintenance digitalization projects have a very low success rate. Often managed by IT, most CMMS or EAM projects result in systems that maybe work from a technical standpoint (users can login and access the various functions) but cannot be used in practice (data not accurate, no useful reports, inconvenient user interfaces). Obviously such system does not help the company achieve any industrial improvement.

Clients not located in the People’s Republic of China might still find this article relevant as it highlights Siveco’s compliance to some of the world’s strictest cybersecurity and personal information protection laws, those of China and the European Union.

Historically (and Siveco already has 35 years of history, 16 of which in China), economic crises are favorable to the growth of maintenance-related business, as many companies will focus on optimizing existing assets. It is too early to tell, but we indeed see encouraging signs, such as a marked increase in the number of incoming enquiries to our marketing, both for China and overseas market (Southeast Asia and Africa).

This is the second article in a series on the hot topic of Predictive Maintenance, drawing on the practical experience of Siveco working with maintenance improvement in China and the Asia region in the past 20 years. As seen in the first article Predictions on Predictive Maintenance: it will fail… unless., ‘right data’ is better than ‘big data’.

The Smart O&M project implemented by Siveco for Nangang petroleum storage has entered its fifth year of operation. Making full use of the maintenance management system put in place before startup, the maintenance team of Nangang terminal insists on the maintenance summary meeting at the end of each month and analyzes the work situation of the month by using the standard report defined by Siveco. Multiple data indicators, including: work order completion ratio, top five failure causes, and top five repair measures, etc. have become the main reference for reviewing the maintenance team work, and it has truly helped Nangang team to continuously improve maintenance...