{"id":5997,"date":"2020-09-14T10:00:37","date_gmt":"2020-09-14T14:00:37","guid":{"rendered":"https:\/\/blogs.sw.siemens.com\/teamcenter\/?p=5997"},"modified":"2026-03-26T08:49:30","modified_gmt":"2026-03-26T12:49:30","slug":"optimizing-operations-and-maintenance-with-a-shared-view-of-the-truth","status":"publish","type":"post","link":"https:\/\/blogs.sw.siemens.com\/teamcenter\/optimizing-operations-and-maintenance-with-a-shared-view-of-the-truth\/","title":{"rendered":"Optimizing operations and maintenance with a shared view of the truth"},"content":{"rendered":"\n

Operations and maintenance productivity and efficiency is a major challenge for organizations across many industries. Research indicates that “the cost of maintenance is between 10 and 25 percent of total operating costs”<\/a>. The same research indicates that more than 50% of that cost is in labor. So, small efficiency improvements can have a profound effect on costs. The question has to be asked, how can organizations improve operations and maintenance to increase productivity and efficiency?<\/strong><\/p>\n\n\n\n

The premier global market intelligence firm, IDC<\/a>, has released a new whitepaper <\/a>centered around this topic. In this paper, IDC describes the challenges facing owner-operators in the process industries with respect to maintenance via “service lifecycle management<\/a>“. Many of the issues described point to the issue of unreliable data that is created by service providers across the supply chain – such as Engineering, Procurement & Construction (EPC) firms, design firms, service providers, and OEM’s. <\/p>\n\n\n\n

Check out the paper (link below) to learn more about IDC findings. And, don’t forget to register for our upcoming webinar (link below) explaining how our Capital Asset Lifecycle Management<\/a> and our Service Lifecycle Management<\/a> solutions are used to address these issues and optimize operations and maintenance.<\/p>\n\n\n\n

\"IDC<\/a>
Click here to register for the IDC whitepaper<\/figcaption><\/figure><\/div>\n\n\n\n
\"Link<\/a>
Click here to register for our webinar<\/figcaption><\/figure><\/div>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Operations and maintenance productivity and efficiency is a major challenge for organizations across many industries. Research indicates that “the cost…<\/p>\n","protected":false},"author":10559,"featured_media":5998,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spanish_translation":"","french_translation":"","german_translation":"","italian_translation":"","polish_translation":"","japanese_translation":"","chinese_translation":"","footnotes":""},"categories":[51,1],"tags":[57,22],"industry":[],"product":[],"coauthors":[],"class_list":["post-5997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-news","tag-capital-asset-lifecycle-management","tag-service-lifecycle-management"],"featured_image_url":"https:\/\/blogs.sw.siemens.com\/wp-content\/uploads\/sites\/14\/2020\/09\/8070-02_Keyvisual_180914-1_HighRes_CMYK_large-scaled.jpeg","_links":{"self":[{"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/posts\/5997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/users\/10559"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/comments?post=5997"}],"version-history":[{"count":5,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/posts\/5997\/revisions"}],"predecessor-version":[{"id":6025,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/posts\/5997\/revisions\/6025"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/media\/5998"}],"wp:attachment":[{"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/media?parent=5997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/categories?post=5997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/tags?post=5997"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/industry?post=5997"},{"taxonomy":"product","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/product?post=5997"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/coauthors?post=5997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}