The industrial sector is undergoing a major transformation. To remain competitive and meet tomorrow’s challenges, companies are re-assessing their asset management strategies. They want to lower their GHG emissions, be resilient to climate change, adapt to energy decentralization and achieve digital transformation while maintaining asset integrity.
While it makes sense to improve productivity by bringing in the latest technologies and new equipment, upgrading existing infrastructure is an essential prerequisite to any sustainable, eco-friendly solution. There are multiple possibilities, and the decisions you make today will affect the future of your business.
An asset integrity management plan helps ensure compliance, safety and reliability. Your goal should be to protect your workers, the public, the environment and your assets. To do this, you need to demonstrate a disciplined approach that focuses on targeted preventive actions and upgrades to your company’s critical infrastructure. This type of approach will also help you perform comprehensive risk management throughout your projects’ life cycle.
Today, corporate data is an asset in itself. It’s valuable because it allows you to make strategic decisions based on facts. So, your asset management approach must be based on reliable and relevant data. This practice, which is performed upstream in the field and uses state-of-the-art tools, is key to long-term success.
Do you want to make the right investments at the right time to both extend the useful life of your assets and speed up the digital transformation of your operations? You can do this by following a holistic and evolutionary journey that reflects the human factor, business processes and technologies. This will help you build sustainable infrastructure that addresses social, environmental and economic challenges.
Digital transformation offers many advantages to optimize processes, but it also carries risks. Data sharing volume is becoming increasingly important, cloud computing use is on the rise and connectivity across systems is growing. That’s why it pays to take a holistic approach that addresses regulatory requirements and your operational complexity.
Is your current infrastructure ready for the effects of climate change? What maintenance, repair or replacement efforts do you need to plan for? Good planning will answer these questions and prioritize critical actions you need to take based on best practices. It’ll also help you assess risks and probabilities so you can better prepare your projects.
Much of today’s infrastructure was designed decades ago and was based on the needs and technologies of the time. As energy sources become more decentralized, aging infrastructure now needs to adapt to increasing and intermittent power flows that are inherent in renewable energy. Modernizing and optimizing your infrastructure is therefore essential if you want to achieve your performance and sustainability objectives.
With our extensive field experience and in-depth understanding of industrial operations, we believe that custom solutions are sometimes key to overcoming the most complex challenges. We offer a wide range of options that are regularly tested in our technology labs to ensure equipment compatibility and seamless commissioning. This helps us scale your assets so you can tackle today’s challenges quickly, while preparing your response for those of tomorrow.
With their vast knowledge of market technologies and strategic industrial issues, our team of seasoned multidisciplinary experts can provide valuable advice. We understand that sometimes, you want to extend the life of your equipment to get a good return on the initial investment. But other times, it makes sense to leverage technological advances to increase your company’s productivity. The question is when and where to invest. To find the best answer, our team will offer a customized and sequenced solution that takes into account the human factor, business processes and technologies.
Félix-Antoine Payette, P.Eng., M.Sc.
Senior Engineer, Industrial and Hydro
Pierre-Luc Bouchard, P.Eng.
Principal Engineer, Energy and Air Quality
Jérémie Côté, P.Eng.
Senior Engineer, Management - Power Market