GlobalSpec News Desk | April 05, 2024

Imrandd, an industrial data and engineering consultancy, has created an asset management solution that harnesses artificial intelligence (AI) to reduce inspection time and costs for offshore operators.

The company’s propriety monitoring and intervention ALERT software has been designed to go beyond traditional approaches to routine asset integrity monitoring.

The firm’s event-driven software monitors for corrosion threats, thereby allowing organizations to act before damage occurs, analyzing integrity data in near real-time. The integrated dashboard displays a live, round-the-clock snapshot of an asset’s performance to provide instant insights into its current condition while forecasting the future states of safety-critical systems.

The company explained: “The ability to instantly model and predict asset condition enables ALERT to serve as a leading indicator to proactively address potential threats before they escalate. System-agnostic, it reduces engineering time by allowing operatives to view asset systems against ambient conditions, degradation hot spots and remaining life cycle durations.

“Tens of millions of sensitive data points can be rapidly processed to provide more accurate trends and quality of output. Its intuitive approach replaces conventional ‘check-and-act’ methods with a more precise system enhancing efficiency, reducing downtime, and ultimately contributing to a safer and more sustainable future.”

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