Energy Digital Magazine June 2024 | Page 117

SUSTAINABLE INFRASTRUCTURE
optimisation of energy consumption , and identification of opportunities for efficiency improvements .
They also predict that EAM systems will continue to evolve . “ The evolution of EAM systems is increasingly influenced by the integration of Asset Performance Management ( APM ) and the principles of ISO55000 , emphasising a holistic view of asset lifecycle management ,” Jon concludes . “ The future of EAM lies in its ability to manage the entire asset lifecycle , from inception through to decommissioning , supported by digital technologies like digital twins for enhanced decision-making .”
Martin adds : “ In the energy sector , where capital investments are significant , understanding and optimising the allocation of resources based on comprehensive asset data becomes crucial . The next decade will likely see EAM systems transitioning from being maintenance-centric to embracing a lifecycle-centric approach , incorporating digital innovations to facilitate this shift .
“ The adoption of advanced analytics , AI and digital twins will enable businesses to make informed decisions , ensuring economic efficiency , sustainability and alignment with long-term objectives . This comprehensive asset intelligence will revolutionise how organisations manage , maintain , and invest in their assets , ensuring resilience in the face of increasing demand and complexity .”
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