Page 57 - BENTLEY SYSTEMS PR REPORT - March 2025

4/3/25, 3:16 PM Why firms must look to the clouds, APM
But, at the top-level of industry, no one wants, or can afford, to stand still. Teams at these organisations are now looking to
‘refresh’ their approaches and identify the new technologies and state-of-the-art solutions that will help them with their most
pressing problems – including ageing infrastructure, isolated data and unpredictable asset performance.

To optimise asset performance and operations, OQ used AssetWise APM to centralise and digitise asset performance,
and management processes.

For asset-intensive organisations in the region, two areas are today key: The cloud and Asset Performance Management (APM).
To date, the GCC has lagged behind other regions in its uptake of the cloud. It matters not only because cloud computing removes
the need to buy, maintain and upgrade servers but because it positions organisations to exploit generative AI and use it to greatly
deepen their understanding of their assets.

APM is another key area that forward-looking energy organisations here should be considering. The successor to Enterprise Asset
Management, it is all about looking forward, saying, ‘based on what we know, we predict that this asset is going to fail in xx
months’ – and then planning and preparing for that future.

To give you an example of the benefits that can be achieved by introducing APM solutions, OQ (formerly known as the Oman Oil
Company) needed a solution which would help it gain total control of its vast portfolio – 111,000 maintainable assets, 44 plants
and stations and 4,300 km of pipeline.

Using AssetWise APM as a centralised digital solution has given it that control. It can aggregate asset data from multiple sources,
including mobile uploads from field inspections and OQ’s internal computerised maintenance management system (CMMS) to
support collaborative, coordinated working by its teams and quick, confident decision making.

https://www.gulfconstructiononline.com/Article/1628944/Why_firms_must_look_to_the_clouds,_APM 3/4