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Digitalization and software solutions

Digital solutions for managing risk and improving safety and asset performance for ships, pipelines, plants, offshore structures, electric grids, smart cities and more. Our open industry platform, cyber security and software solutions support business-critical activities across many industries, including maritime, energy and healthcare.

data

Posts tagged with 'data'

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Thinking outside of the box - Abraham Wald's Memo

Thinking outside of the box - Abraham Wald's Memo

I love this story - it is the perfect example of thinking outside of the box! The following text is based on MacTutor History of Mathematics archive and Biographies. Abraham Wald Background Abraham Wald Abraham Wald was a mathematician who contr ...

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Analytical solutions VS Data Analytics - What are the differences?

Analytical solutions VS Data Analytics - What are the differences?

As the industry evolved, new buzz words are being used to describe new techniques and methods to support the decision-making in the asset performance management area. Two key (and very similar) terms can lead to confusion - Data analytics and Analyti ...

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A primer: using GIS to build hydraulic pipeline models

A primer: using GIS to build hydraulic pipeline models

Often the most challenging part of hydraulic modeling is not the mathematics or the analysis of the results, it's the initial preparation of the data. Frequently a GIS system is the 'system of record' for the starting point of a hydraulic model. An ...

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Ageing Equipment items and the Bathtub Curve

Ageing Equipment items and the Bathtub Curve

One challenge that every reliability engineer face throughout their career is the lack of reliable reliability data. This issue "forces" most RAM modellers to utilise failure patterns that remain constant over time - the reason being only one: simpli ...

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WOAD - Invaluable information on accidents

WOAD - Invaluable information on accidents

WOAD is a repository of information on accidents occurring in the offshore oil and gas industry. The initiative to start collecting this information began in the mid-1970s. Information on lessons learned serves as invaluable input to help industry un ...

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New edition - OREDA 2015 handbook

New edition - OREDA 2015 handbook

One of the main reliability data sources for the oil and gas industry now has a new edition - OREDA 2015 handbook. From http://www.oreda.com/ Before using the database, it is useful to know how the handbook has evolved over the years. Oreda proje ...

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Reliability information: where to get?

Reliability information: where to get?

There are a number of sources of reliability information available in the market these days. For instance, the recent release of Maros and Taro provides a refreshed material which include more than 500 pages of information related to reliability. ...

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