With most plant maintenance departments operating at only 20% to 30% wrench time efficiency, teams are looking to cloud based automation to improve efficiency.[1]
With no way to track or trace them, 10% of pallets are lost each year, seeing costs of $8.9 billion globally.[2]
Attracting and digitally enabling the next generation is a top priority as more than 45% of the Energy industry’s personnel are tenured, with most retiring in five to seven years.[3]
Experts forecast a 900% increase in cloud spending for the Oil and Gas Industry by 2030 to reduce operating costs and overheads, enhance safety and reduce CO2 emissions.[4]
Remote working continues to be the norm with 40.7 million Americans predicted to work remotely by 2025, a 102% percent increase from pre-pandemic levels.[5]
Organizations are looking to the cloud to reduce the 80% of Energy sector employees’ time spent looking through unstructured information to get work done.[6]
Consolidate and connect critical content to give operations teams the information they need to quickly make informed decisions and get the job done right the first time.
Intelligently integrate compliant content management, security, agility and resilience into all operational processes, such as design to operate, order-to-cash and procure-to-pay.
Monitor the performance and location of tracked assets to optimize maintenance planning and production uptime.
Collect and analyze asset performance data at scale to improve asset utilization and maximize Overall Equipment Effectiveness.