Best Practices: Asset Maintenance Strategies For Energy Transition
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Executive Summary
This report provides industrial operations managers, and executives across asset-intensive industries, with an overview of best practices for asset maintenance strategies in emerging industries such as renewables, carbon capture and green hydrogen. To gather best practice insights, Verdantix conducted in-depth interviews with asset maintenance solution and service providers and surveyed 304 managers in operations, maintenance and engineering roles. Verdantix research finds that the energy transition initiative is driving firms to invest in emerging industries, but that little consideration has so far been given to best practices for asset maintenance. Experience from industry experts shows that to optimize the performance, longevity and sustainability of assets in emerging industries, practitioners should take the learnings realized from traditional asset maintenance processes, and capitalize on developments in new asset management technology.Energy transition agendas are driving the growth of emerging industries
Process expertise and capital restrictions across emerging industries challenge traditional asset maintenance practices
Effective strategies for maintaining assets in emerging industries are still in their initial phases
Learn from and evaluate existing asset maintenance processes
Digitize asset maintenance processes
Firms in emerging industries have access to a variety of asset maintenance solutions to boost reliability and uptime
About the Authors
Kiran Darmasseelane
Senior Manager
Kiran is a Senior Manager at Verdantix, delivering data-driven insights on emerging technologies and global market trends for asset-intensive sectors such as energy, manufactu...
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Malavika Tohani
Research Director
Malavika is a Research Director at Verdantix, guiding research that explores how digital technologies and services are reshaping industrial operations to become safer, more ef...
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