Lloyd's Register Working together | Energy for a safer world Optimize maintenance and inspection Axxim™ - an EAM embedded software solution for managing asset integrity and reliabilityUnderstand your asset Predict failure, reduce risk, reduce cost, improve reliability and safety. Are you continuously looking to improve inspection and maintenance procedures in order to reduce costly downtime, reduce ‘equipment failure rates of assets and avoid catastrophic events? Lloyd's Register Energy's Axxim™ software solution offers the next generation in asset optimization, providing upstream and downstream oil and gas operators, chemical, power and other asset-intensive industries, with a single resource needed to identity critical assets, increase equipment reliability and determine the optimum maintenance approach Its vital that critical assets are identified and resource allocated appropriately since ‘typically less than 10% of the assets carry 95% of the risk. It has been widely proven ‘that, maintenance and inspection decisions made through the application of risk or reliability based approaches, significantly help you avoid downtime, costly failures and improve productivity, which positively impacts your bottom line without compromising safety. Benefits * Creates insight and transparency froma single data source «Identifies cumulative risks of aging equipment + Identifies critical equipment + Prioritizes the maintenance of your assets based on risk ‘+ Extends turnaround intervals + Creates understanding of predicable and non-predictable failure modes ‘+ Focuses limited resources on your critical assets * Leverages existing EAM investments, functionality and processes + Increases understanding of legal requirements for regulated assets * Compliant with API 510, 570 and 580 standards and aligns with ISO 55000 ‘Axxim is a unique solution that directly ‘embeds into your enterprise's asset management (EAM) application, including IBM Maximo and SAP through MaxGrip's strEAMs technology, which ensures easy adoption and minimising of IT implementation time and reduced cost of ownership. ‘Axxim™ converts information from your operations and assets into valuable knowledge, by incorporating decision ‘making techniques including Risk Based Inspection (RBI), Reliability Centred Maintenance (RCM), Root Cause Analysis (RCA) and Failure Mode and Effects Analysis (FMEA), within your EAM system. HF your organisation doesn't currently use an EAM or Computerised Maintenance Management System (CMMS), Axim ‘can provide full asset management funtionality. As industry moves towards process alignment, Axim" supports standardised planning and decision making through pre-built risk models for common asset lasses, including but not limited to, rotating equipment, piping, pressure vessels, hulls, and relief devices. Features ‘+ Highly configurable RBI engine that provides the ability to scale from a qualitative to fully quantitative approaches on a per asset basis ‘User configurable risk matrix * Utilises standard EAM user interfaces * Scalable and standalone version ‘to meet specific business needs ‘+ Enhanced reporting functionality from within EAM + Five step RATIO approach eliminates the risk of root cause recurrence * Visualise critical regulated assets in the daily work order planning ‘Enables the daily monitoring of compliance issues ‘Flexible risk model builder NA Increase Increase equipment uptime by at least 20% Cet reduction Deed Pee ahead Pees tetas ETE reduction Beet ened eLOtIh 74 reduction Se are reat Cee usa’ El reduction ace eal in inspection points IN e 9 ered pemetinees eres Hiei <1 year tar eanKey Modules Risk-Based Inspection (RE!) 's the process of developing prioritized inspection plans for industrial equipment, using predictive models to determine the probability and consequences of failures ‘Axi RBI module embeds in your EAM to allow for a full integration Cf RBI in your asset performance management. The module provides unprecedented speed and cost efficiency in risk assessment and the optimization of inspection and maintenance strategies for both risk and time based approaches; minimising unplanned downtime and maximising the lifespan of your assets It provides the right information and knowledge to be confident about the use of limited resources. Root Cause Analysis (RCA) Isa tied and tested method t identity the causes of failure incidents. The ight prevention o mitigation measures can only be taken when the root causes have been tablished ina structured proces. Axcin= RCA module directly embeds in your EAM system to identify physica, human and Stemic root causes Reliability Centered Maintenance (RCM) Helps you balance financial results, operational results and remaining risk. ‘Aaxim™ RCM module enables you to build ‘sustainable asset management strategy in line with your business objectives, allowing you to prioritize the maintenance of your assets based on risk. Compliance Full compliance with national legislations and industrial regulations can be a complex issue that must be management appropriately. Axxim’= compliance module provides the information and functionality, needed to manage and demonstrate full compliance with all applicable safety standards and regulations. G COCOCOd Expert Support (Our experts can help you migrate from ‘traditional time-based inspection and testing methods to a risk-based solution that enables the optimization of inspection ‘and maintenance strategies in a much faster and more cost efficient way. In January 2015, Lloyd's Register Energy formed a strategic alliance with MaxGrip,, specialists in the development of Asset Performance Management Optimization software, for the development of Axxim™ new software module. The collaboration leveraged Lloyd's Register Energy’s market leading integrity engineering and RBI experience with MaxGrip’s expertise in software development and its srEAM+ framework, bringing to the market a Unique, world class solution.