Lloyd's Register (LR) has taken over Rtamo Ltd, a software enabled consultancy based in Aberdeen, which provides data-driven solutions designed to reduce maintenance costs for asset owners.
Rtamo – Real Time Adaptive Maintenance Optimisation – enables asset owners and operators to set out their maintenance strategy and preventive maintenance plans. Recent maintenance optimisation projects conducted using Rtamo are said to have delivered savings in maintenance costs of up to thirty per cent. Projects to date include Maersk, BG Group, Shell, Centrica storage.
Rtamo
Rtamo technology is cloud-based. The software supports all phases of asset life – design, operation, tail end life and decommissioning. In addition, it is evidence-based, which has an advantage over conventional maintenance planning. It is sensitive to commercial factors such as commodity price, mean time to failure and cost of planned versus corrective maintenance.
Rtamo has been developed for the upstream offshore oil industry where maintenance costs are high. The same methodology and software is equally applicable in other high risk, capital intensive industries – such as refining, petrochemical, renewables and shipping.
Digital Solutions
The Rtamo acquisition is the latest investment by LR to drive data and digital innovation solutions. In June 2016, LR announced its collaboration with Silicon Valley-based greenfence – the first platform technology serving the Testing, Inspection and Certification (TIC) marketplace.
