Establish the data foundation your maintenance and reliability teams can trust
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LNG and oil and gas operators make significant investments in EAM and CMMS platforms to run maintenance-intensive facilities. The return on those investments depends on the quality of the data inside them.
Unplanned downtime and missing spares can usually be traced to problems in equipment and materials records, and further back to the processes used to create and maintain that data.
Unplanned downtime and incorrectly stocked spares disrupt operations and create compliance exposure. For industrial operators, a single hour of unplanned downtime can cost nearly $125,000.**
Equipment records are inaccurate or incomplete, and material masters are duplicated or out of date.
Vendor data arrives incomplete and in non-standard formats, with weak governance to catch errors once they enter the system.
Ultimately, nobody owns the data as an asset. Hofintech’s services address these root causes.
* Source: ABB Value of Reliability survey of 3,215 maintenance decision-makers, 2023.
Hofintech delivers asset, materials, and maintenance data services to facilities preparing for startup and to established operations looking to improve the data they already have.
Maintenance strategies built with FMEA, RCM, RBI and PM optimization, loaded into your CMMS as usable task lists and plans. Designed to extend asset life and control operating cost.
We develop maintenance strategies using FMEA, RCM, RBI, and PM optimization, and implement them in your CMMS as actionable task lists and plans. Our goal is to help you extend asset life and control operating costs.
Material masters are cataloged and coded to PIDX, ECCMA, UNSPSC, or MESC standards, and each spare part is linked to its parent equipment through maintenance BOMs. Supporting services include SPIR reviews and duplicate removal, along with critical spares analysis to align inventory with operational risk.
Asset registers and equipment hierarchies are built to ISO 14224 or your own taxonomy, with the technical attributes each equipment class requires. The work supports greenfield projects that need a complete register at startup, as well as operating plants where existing data needs cleanup or reorganization.
Hofintech works from the information you already hold, including engineering drawings and P&IDs, vendor datasheets and manuals, and existing CMMS and maintenance records, supplemented by site walkdowns where as-built conditions need confirmation.
The team structures this material into a complete asset register and materials catalog, classified to ISO 14224 and your internal standards. Each record is verified against its source documentation before it is loaded into SAP, Maximo, Oracle, or your chosen EAM/CMMS platform.
Hofintech's software platforms shorten delivery timelines and remain available after the engagement, giving your team a controlled environment for keeping asset and materials data current as the facility evolves.
Hofintech builds the asset register, material master and maintenance plans your system runs on, then loads and validates them before go-live. Planners start from records they trust, and the system delivers the value it was bought for.
