Knowext Maintenance

Measuring, monitoring, and enhancing the efficiency of your maintenance activities, as well as the reliability, availability, and criticality of your company’s assets.

“Equipment maintainability information should always be considered a strategic asset for any company operating in a competitive environment. It is crucial to use this information appropriately, as it is a key ingredient in any decision-making process.”

- The President of Knowext -

Knowext Maintenance

Context

Knowext’s expertise in the reliability and maintainability of production equipment has highlighted that:

Existing computerized systems for asset maintenance do not meet the needs of analysis, mainly designed to facilitate work management and planning.
Information can be complex and is often not readily available in a usable format, requiring significant effort to transform.
Relevant data is dispersed across multiple sources and presented in different formats, making it difficult for decision makers to access.

To overcome these shortcomings, Knowext is developing a specific application, based on its NLUP technology, to define and measure efficiency indicators specific to maintenance activities.

Knowext Maintenance

Issues

Efficiency losses are mainly caused by:

Reducing inefficiencies can lead to a substantial decrease in maintenance costs, with savings ranging from 20% to 40% of the total budget allocated for all activities. The return on investment (ROI) depends on the type of efficiency loss (within 6 to 18 months).

Knowext Maintenance

Targeted Industries

Knowext’s technology and services are suitable for all maintenance departments which have to deal with a considerable amount of data, often spread over several different information systems.

An Established Performance Efficiency

Through its advanced technology and expert knowledge, Knowext has significantly enhanced the performance of numerous companies across diverse industries. For instance, Knowext’s maintenance application has been effectively utilized in the power generation, construction, transportation, and mining sectors, enabling companies to pinpoint and address inefficiencies related to maintenance activities. This has resulted in the elimination or reduction of productivity losses, ultimately improving overall operational effectiveness.

Knowext Maintenance

Why Knowext for Maintenance

Increase staff efficiency

Our customized applications can simplify the access to information for your team by automatically extracting, standardizing, and categorizing data from multiple information systems. This makes it easy for your team to use the extracted knowledge, regardless of their technical knowledge, without needing to modify their current workflows. Furthermore, a tailor-made application can help you manage the transfer of expertise and mitigate the impact of staff movements.

Control and reduce operating
and maintenance costs

With our tailored applications and services, you can conduct a thorough analysis of your company’s maintenance strategy performance. Knowext’s technology solution helps you efficiently identify and quantify the main efficiency losses in the components listed in the comment fields. Once identified, the losses are transferred to a dashboard for easy monitoring. This enables you to choose the most cost-effective areas for improvement and implement action plans that reduce the impact of these efficiency losses on the company’s key performance indicators.

Facilitate reliability and maintainability analysis

By simplifying the process of extracting and formatting information, reliability analysts will be able to dedicate more time to analyzing it and identifying opportunities for improving critical asset performance. This increase in efficiency is expected to exceed 50%, providing direct benefits to the business through successful project implementation.

Support the decision-making process

Our applications can bring precision to improvement project development and prioritization, as well as quantify associated business benefits. It can also complement CMMS software by providing intelligent information management to support decision-making processes.

Knowext Maintenance

Services

Knowext recognizes that poorly structured data can hinder performance analysis and decision-making.

To help address this issue, Knowext provides expert data extraction and standardization services, enabling efficient management of your information and optimizing your ability to analyze maintenance activities. With Knowext’s assistance, you can confidently make informed decisions that drive improved performance and overall operational success.

Knowext Maintenance

How We Can Help You Achieve Your Goals

Knowext offers comprehensive component-level analysis of your assets’ efficiency, reliability, availability, and criticality. We use your company’s maintenance and operational data or industry sources to perform various tasks, such as:

Identifying, retrieving, and integrating information sources.

Extracting, standardizing, and classifying information.

Conducting performance analysis.

Analyzing thousands of different maintenance profiles.

A Performance Management Dashboard

To Follow All Maintenance Activities

Get a detailed dashboard, to follow all maintenance activities performed, up to the component level.

Regarding the management of maintenance activities and operational unavailability,

the dashboard will show you:

Inefficient maintenance activities can account for 20 to 40% of the total annual budget allocated to equipment maintenance, and these losses can be minimized or eliminated with our solutions.

In addition, we also perform reliability and criticality analyses, where we calculate the probability of undesirable events occurring that may significantly impact asset performance or pose a safety risk. We prioritize improvement efforts, monitor, and forecast performance, and highlight the real impact of each maintenance action during a single preventive or corrective maintenance task on your company’s objectives.

We also support statistical forecasting models to assess residual asset life and help implement risk-based maintenance management. For critical assets, we offer support in implementing FMECAs (Failure Mode, Effects, and Criticality Analysis).

With Knowext’s comprehensive analysis and support, you can make data-driven decisions, optimize your asset performance, and achieve your business goals with confidence.

Information systems from which Knowext extracts your relevant information:

CMMS system
Maintenance procedures
Technical reports (Word, PDF or text)
Operating system
Operations logs
Health and safety database
Any other available asset-related information systems

Knowext Maintenance

Included in our
Maintenance Activity Management Process

An integrated solution
that complements your CMMS system.

We call this additional element “AMPM 4.0.” It is used to extract, format, and standardize all your relevant information to support any future reliability and maintainability analysis. Rather than replacing the current CMMS system, this serves as a complementary addition to it.

A new information system accessible
to all levels of performance management.

To support your improvement projects with factual data rather than mere “impressions.”

A new efficiency management process.

To support the work of the reliability analyst, making it easier to distinguish between random failures (caused by asset design, operating conditions, or the environment) and failures induced by faulty planning or execution of maintenance activities.

A new criticality management process.

For asset risk management that meets ISO 55000 requirements. By knowing the effectiveness of maintenance activities, the reliability of assets and the conditional probability of a critical failure or series of failures, you will be able to react much more quickly to any critical situation before it has a significant impact on one or more of your key performance indicators (KPIs).

Proposed Solution

A rigorous process for managing maintenance activities

Knowext Maintenance

Objectives

Our services and applications aim to integrate strategic information sources to enable decision makers to develop and prioritize optimal investment strategies to increase productivity and profitability. We provide more rigorous operations and maintenance risk management supported by factual data.

Our approach makes reliable and comprehensive information readily available to managers at all levels, without requiring specific knowledge of different analytical techniques to make informed decisions.

Knowext Maintenance

Technology

The optimal exploitation of all available relevant information is achieved by using, among others, text mining and data mining techniques.

Text mining techniques

Used to identify, extract, standardize and classify information to facilitate access and use for efficiency, reliability, and maintainability analyses.

Data mining techniques

Can then be used to analyze this information in order to highlight the main cause and effect relationships responsible for the observed performance.

With these two techniques, initially unstructured information that is difficult to access can be converted into structured information that is much easier to access to support decision making.

Knowext Maintenance

- The President of Knowext -

Context

Issues

Targeted Industries

An Established Performance Efficiency