ARC Advisory Group indicates that poor asset information management costs organizations an average of 1.5% of their annual revenue. When it comes to managing all of these assets, safety and reliability are key. Equally important is managing asset-related information in a way that ensures both operational integrity and regulatory compliance.
Nowhere is this truer than in asset-intensive industries such as oil & gas, mining, utilities and transport. Watch the video from PennEnergy and OpenText to better understand the challenges facing energy companies today and learn how organizations are dealing with increasing volumes of information.
Whether you’re managing a public transportation network, running a power generation plant, or maintaining oil rigs, OpenText Asset Information Management solutions offer a single source of truth for asset operations and lifecycle maintenance. By balancing worker safety, operational excellence, compliance, and operational integrity, you can maximize the value of your investments.
Download the white paper, Information Fuels Asset Performance, to discover how real-world organizations are using integrated asset information management solutions to balance safety, compliance and productivity.
OpenText Asset Information Management solutions can help you:
- Extend the processes in your ERP and EAM systems with our extended ECM solutions
- Securely manage all structured and unstructured information about your assets, including documents, drawings, and master data
- Ensure all information and procedures are up to date and accessible under transparent version control and Management of Change
- Support secure, in-process collaboration throughout the asset lifecycle