Skip to main content

Bentley is improving its software with new asset capabilities

Bentley is improving its AssetWise APM package with the addition of process safety and risk management capabilities. The new AssetWise APM V7.3.
April 27, 2015 Read time: 2 mins
6197 Bentley is improving its AssetWise APM package with the addition of process safety and risk management capabilities. The new AssetWise APM V7.3. package is an updated version of Bentley’s asset performance management (APM) product. This is said to offer an all-in-one analysis and information management software platform for asset reliability and asset integrity. The new version now comes with an additional tool that advances process safety.

The AssetWise APM V7.3 package is said to boost the reliability, integrity, safety of processes in sectors including quarrying and materials production. The software is said to ensure that assets are safe and reliable and that they are inspected and maintained to reduce or eliminate risk. Users further benefit from the elimination of unexpected downtime, increased asset availability and utilisation, reduced maintenance costs, and support for regulations and safety standards.

The AssetWise APM V7.3 package has new process safety features to help users manage the integrity of safety systems and hazardous processes, lowering the risk of failures and incidents and keeping people, assets, and the environment safer. Capabilities include safety instrumented function (SIF) analysis, safety instrumented systems (SIS), safety integrity level (SIL) and safety provisions, overrides, and incidents.

Other features of AssetWise APM V7.3 include tools for spatial navigation tools, production loss accounting and root cause analysis (RCA) diagrams. With this software users can develop risk-based reliability-centered strategies; monitor asset condition and performance using tablet/mobile devices; consolidate and analyse condition data; and access design and engineering information models when inspecting or performing corrective work on assets.

For more information on companies in this article

Related Content

  • Safer cone collection with X-Cone among the latest safety innovations
    August 30, 2017
    X-Cone is a new traffic cone management system offering a higher level of safety for workers and maximum efficiency for contractors. Austrian-made X-Cone is a truck-mounted system that can manage the setting out and collection of cones from the flatbed of any 3.5tonne vehicle. It does not matter if the cones are straight or laying on the road, the X-cone can still manage the work quickly, safely and reliably, according to the manufacturer. For setting out standard cones, the driver can decide the distance b
  • Safer repairs
    February 14, 2012
    New generation concrete repair tools offer major safety benefits over earlier systems. Minnich Manufacturing says that its new concrete dowel drill delivers high productivity and a safer working environment on concrete patching jobs.
  • Foth Uses Collaborative Digital Engineering to Deliver Road Infrastructure Project
    June 1, 2020
    Foth utilised software from Bentley Systems to improve safety and traffic flow on an urban road stretch in Iowa.
  • Aim to make the right decisions with good asset management
    July 30, 2019
    Poor asset management will often lead to “wrong decisions regarding replacements and improvements” or “uncertainty in decision-making”, according to recent research. The result - 28% - is from a poll of 400 members of the UK-based global Institute of Asset Management (AIM) commissioned by technology company Yotta. A further 26% highlighted “improper financial decision-making criteria for investment decisions and maintenance” as a major consequence of poor asset management. The research also indicat