Enabling Pieridae Energy to Monitor the Health of its Critical Assets Remotely
About
About Pieridae Energy
Pieridae Energy, a leading energy company, partnered with Naviam to enhance its operational efficiency and streamline data management across its energy assets. By leveraging Naviam’s advanced platform, Pieridae Energy improved real-time monitoring, optimized field operations, and ensured better compliance and decision-making, resulting in increased operational efficiency and reduced risk.
Problem
Inability to Meet Industry Standards
Pieridae Energy operates a diverse portfolio of energy assets across multiple regions, where real-time data access and operational efficiency are critical. The company faced significant challenges with their legacy systems, which were not integrated and often resulted in delays in decision-making, increased operational risk, and inefficiencies in resource management.
Pieridae Energy needed a solution that would provide real-time insights, improve data visibility, and allow for better management of their energy assets across a wide geographical footprint.
Solution
Supporting Essential Operations
Naviam implemented a robust and scalable solution to support Pieridae Energy’s operations. Key features of the cloud solution included:
- Real-Time Asset Monitoring: The platform provided real-time visibility into asset performance, enabling faster decision-making and proactive issue resolution.
- Integrated Data Management: Naviam Cloud integrated various data sources, streamlining operations and improving the accuracy of operational insights.
- Mobile Accessibility: The mobile-friendly platform allowed field teams to access real-time data, enhancing operational efficiency and communication between teams on the ground and in the office.
The implementation was based on Naviam's Maximo Accelerator for Oil and Gas Template - with a focus on Work and Asset Management, Operator Logs, Bypass Management, Incidents Management, Management of Change and Supply Chain to suit Pieridae’s industry requirements. The solution also included LoveYourAsset to provide a longer-term look at critical assets like Compressors by bringing data together under one roof.
Result
Real-time Data for Increased Visibility
IBM Maximo® Asset Management was selected as the system of choice and Pieridae Energy partnered with IBM Platinum Business Partner Naviam to deliver Naviam Cloud+ – a cloud-based solution that enables Pieridae to focus on its business while BPD take care of all its enterprise asset management needs.
Key benefits include:
- Using IBM Maximo for Oil & Gas enabled Pieridae Energy to implement an integrated asset management system and single source of truth for Operations
- A cloud-based solution has enabled Pieridae to free up its internal IT team and to focus on its core LNG business
- Implementation of asset health monitoring with associated efficiency and reduction of man hours out in the field
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