The maintenance function of a modern industry faces a number of challenges attributable to:  Rapid growth of technology resulting in current technology becoming obsolete. Such a challenge is a frequent one in Information and Communications Technology (ICT) industry where computers and computers based system (hardware and Software) is the main component.  Advent of new advanced diagnostic tools, rapid repair systems, etc.  Advance store management techniques to incorporate modular technologies.

 Requirements of keeping both outdated and modern machines in service. For example, many industrial organizations have a combination of the old machines working on obsolete technology and new systems utilizing the latest technology and equipment. The effective management of maintenance aspects under such challenging circumstances is often a difficult job. Besides the rectification of the faults in the equipment, the activities of the maintenance department include: Up gradation of the existing plants and equipments and training maintenance personnel to attend the required technical skills. Effective maintenance of the old equipment for higher availability Cost optimization of all maintenance functions Improvement of maintenance activities in the areas of tribology and terotechnology Reconditioning of used /unserviceable spare parts. Development of indigenous sources for parts for import substitution Setting up of an effective maintenance information management systems (MIMS). Effective utilization of the maintenance workforce Setting up of in house R&D activities for effecting improvements in maintenance practices.


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IBM Maximo: IBM Maximo is an enterprise asset management solution that helps organizations manage assets throughout their lifecycle. It offers features for asset tracking, maintenance planning, and work order management.

Schneider Electric Avantis: Avantis is an APM software offered by Schneider Electric that focuses on asset reliability and maintenance optimization. It provides tools for work management, asset health monitoring, and performance analytics.

Infor EAM (Enterprise Asset Management): Infor EAM is a comprehensive asset management solution that helps organizations track, maintain, and analyze their assets. It includes features for asset tracking, maintenance scheduling, and inventory management.

AspenTech Asset Performance Management: AspenTech offers APM solutions that combine predictive maintenance and reliability-centered strategies to optimize asset performance. It includes tools for asset monitoring, predictive analytics, and risk management.

Risk Management and Compliance: Some APM solutions incorporate risk management features to assess and mitigate risks associated with asset failures. They also help organizations adhere to regulatory compliance and industry standards by ensuring proper maintenance and safety protocols.

Comprehensive resource describing how operations, outputs, and offerings of the oil and gas industry can improve via advancements in AI The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry describes the proven and promising digital technologies and tools available to empower the oil and gas industry to be future-ready. It shows how the widely reported limitations of the oil and gas industry are being nullified through the application of breakthrough digital technologies and how the convergence of digital technologies helps create new possibilities and opportunities to take this industry to its next level. The text demonstrates how scores of proven digital technologies, especially in AI, are useful in elegantly fulfilling complicated requirements such as process optimization, automation and orchestration, real-time data analytics, productivity improvement, employee safety, predictive maintenance, yield prediction, and accurate asset management for the oil and gas industry. The text differentiates and delivers sophisticated use cases for the various stakeholders, providing easy-to-understand information to accurately utilize proven technologies towards achieving real and sustainable industry transformation. The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry includes information on: How various machine and deep learning (ML/DL) algorithms, the prime modules of AI, empower AI systems to deliver on their promises and potential Key use cases of computer vision (CV) and natural language processing (NLP) as they relate to the oil and gas industry Smart leverage of AI, the Industrial Internet of Things (IIoT), cyber physical systems, and 5G communication Event-driven architecture (EDA), microservices architecture (MSA), blockchain for data and device security, and digital twins Clearly expounding how the power of AI and other allied technologies can be meticulously leveraged by the oil and gas industry, The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry is an essential resource for students, scholars, IT professionals, and business leaders in many different intersecting fields.

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Comprehensive resource describing how operations, outputs, and offerings of the oil and gas industry can improve via advancements in AI The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry describes the proven and promising digital technologies and tools available to empower the oil and gas industry to be future-ready. It shows how the widely reported limitations of the oil and gas industry are being nullified through the application of breakthrough digital technologies and how the convergence of digital technologies helps create new possibilities and opportunities to take this industry to its next level. The text demonstrates how scores of proven digital technologies, especially in AI, are useful in elegantly fulfilling complicated requirements such as process optimization, automation and orchestration, real-time data analytics, productivity improvement, employee safety, predictive maintenance, yield prediction, and accurate asset management for the oil and gas industry. The text differentiates and delivers sophisticated use cases for the various stakeholders, providing easy-to-understand information to accurately utilize proven technologies towards achieving real and sustainable industry transformation. The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry includes information on: How various machine and deep learning (ML/DL) algorithms, the prime modules of AI, empower AI systems to deliver on their promises and potential Key use cases of computer vision (CV) and natural language processing (NLP) as they relate to the oil and gas industry Smart leverage of AI, the Industrial Internet of Things (IIoT), cyber physical systems, and 5G communication Event-driven architecture (EDA), microservices architecture (MSA), blockchain for data and device security, and digital twins Clearly expounding how the power of AI and other allied technologies can be meticulously leveraged by the oil and gas industry, The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry is an essential resource for students, scholars, IT professionals, and business leaders in many different intersecting fields.

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