Digital & Operational Excellence for Asset Management
Digitalizing world-class asset management strategy and business processes with the most advanced technologies.
TRM Helps Las Vegas Valley Water District Reinvent Their Asset Management with Maximo Application Suite and AWS
Las Vegas Valley Water District innovates with TRM to meet the challenges of serving one of the fastest growing cities in the US.
Our Asset Management
Experts
Our team members, on average, have over 30 years of expertise optimizing assets and employing reliability best practices.
Explore
Industry
Leading
Insights
Broaden your understanding of asset management, predictive maintenance, and reliability. Our seasoned consultants regularly offer valuable insights, drawn from their real-world experiences and projects, which apply to clients like you.
Are You Making the Most of S/4HANA Asset Management?
Predictive Run to Failure – It Is What You Think!
Watson Studio Essentials: Data Preparation Strategies & AutoAI Advancements
Defining Production Downtime
What Is and How to Use Anomaly Detection
RCFA Problem Statements, Avoid These Mistakes!
Working with SAP Master and Transactional Data
To FedRAMP or Not to FedRAMP. It’s More Than a Single Question.
What is Failure Prediction?
The NIST Cybersecurity Framework Applies to You!
Small Jobs in Maintenance – Top Tips
What is the Reliability Strategies Add-on for MAS 8.11?
Data is Where the Decisions Are
The Differences Between APM, EAM, and CMMS and What you Really Need
What’s the Big Difference in A.I.? IBM Watson vs OpenAI ChatGPT?
Using P&ID Diagrams to Establish Location and Asset Hierarchies
Making Sense of NIST & Cybersecurity Requirements for Maximo
Planning and Scheduling Mistakes to Avoid
The AI ChatBot Phenomenon
Check Out OMNI – The TRM Maximo Assistant
[Case Study]
Reliability and Maintenance Improvements
Client: Coal Mine in New South Wales, Australia
Reliability Improvements Result in $35M in Annual Revenue Growth for Australian Coal Mine
CHALLENGE:
An underground, Australian coal mine set out to improve its unsteady production output while keeping fixed cost unchanged.
RESULT:
In a 12-month period, average downtime was reduced from 82 minutes to 16 minutes a shift for Development Continuous Miners and from 88 minutes to 35 minutes for Extraction Continuous Miners. By annualizing the production increase, each minute/shift is worth $330,000/ year for Extraction Miners and $260,000/year for Development Miners. The total increase in reliability provided an increased production output worth $34.9 Million/ year AUS.