

Asset and maintenance management
Optimizing the value from your assets
Blogs

The need to decarbonize the economy and adapt to a changing energy landscape is a key challenge for large energy users. New technologies are providing increasingly cost-effective solutions to mitigate the impact of carbon and optimizing energy use has the potential to generate a positive return on investment in the near term while simultaneously working towards a low-carbon future. David Anders starts us off with part one of our energy optimization blog series.

Heavy-tailed risk events and how to deal with them
Studying the tails of distributions is essential for risk management. Whether in probabilistic risk assessment or even in qualitative hazard studies, risk management aims to understand tail events. Risk measures such as value at risk or expected shortfall are essentially measures of the distributions’ tails. So, if you’re concerned about your project cost overrun risks, for example, you’re worried about the tail of the cost distribution.

Business cycles are changing–make sure your critical assets aren't left behind
During these times of economic uncertainty, effective asset management plays a key role between a business's success and failure.

If you're not an expert in asset management, you're depleting core business value – let's fix that.
While plenty of funds are funneled into the operational side, relatively little time and money is spent looking after the physical assets that make it all possible.
Related projects

Digital transformation and business improvement
North America

Organizational design and right-sizing
North America

Hilltop Tacoma Link Expansion
Tacoma, Washington, USA
Related Services and Technologies
Technical Papers
Optimizing smelter uptime through digital asset management
Extraction 2018, August 26–29, 2018 • Ottawa, Ontario, Canada
New Developments in Optimal Asset Management
Hydrovision Brazil 2013. Presented September 24-26, 2013
Risk Based Asset Management Plan of the Exploits River Hydroelectric System
Hydrovision International 2013. Denver, Colorado, July 23 - 26, 2013
All Technical Papers
News
Third year running: Hatch has been ranked as a Top 100 Ideal Employer in Canada
Wednesday, September 20, 2023