1 Solution to 8 Weak Perspectives of Asset Integrity Digitalization

1 Solution to 8 Weak Perspectives of Asset Integrity Digitalization

Away from a collision course
The ongoing push for digitizing petrochemical industries has some valid reasons for plant operators reluctance to it. While certain digitalization elements deserve a praise in a generic context, applicability constraints do apply in specific areas. One of such challenging applications is the Asset Integrity market, e.g. engineering problems and services relevant to operational degradation of equipment and its failure risk control. We firstly glance at the eight categories of novel offerings, as shown in the picture, in this very context. Then we will outline one adequate solution for a failure risk control effective upgrade towards better confidence, sustainability and safety. This is achievable right now and at a minimum change requirement. Disclaimer: This article is not a comprehensive text on the above digitalization pillars. It outlines a high level critical…
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The Big Shortage

The Big Shortage

Away from a collision course
In this series of posts, I decided to share my attempts to find an objective rationale of the currently heavily-promoted global policies. We will re-think a broad spectrum of those media-trendy topics together. This first episode 'Big Shortage' identifies the humankind’s actual major problem for today. This post is conceptual for opening minds to a critical thinking we will need in the next posts to follow. Frankly, I do worry about my kids’ future. One thing I keep telling them is: ‘Don’t get zombified by TV news. It’s normal there to ask you a wrong question. Then you are offered two wrong answers to that wrong question, to debate on and get you engaged emotionally. The actual problem can lay at a higher level you don't see. Stick to the…
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Savings on staff explained in numbers

Savings on staff explained in numbers

Away from a collision course
Is your organization changing its staffing plan? Is there a voice that taking more graduates on board will be more economical? Does it look like seniors (those costly and hardly manageable) are replaced by juniors (freshly thinking and self motivated)? This topic is coming up every noun again, and we tried to examine it in dollar figures. Assume a virtual engineering company which has 5 seniors and 5 juniors. This team currently does 100% of the monthly work and makes a gross monthly revenue of $150K average. The salary fund is 1/3 of this number and the seniors are paid twice more than juniors, thus we have the equation  5*2*x + 5*x = $50K, where from a junior gross salary is $3.300, and a senior is getting $6.600 gross. Sounds…
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