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Business Impacts

One of the chief components of Asst Integrity hinges on the ability of those assets to operate profitably. As we evaluate all of the programs at an operating facility, we consider all of the fundamental areas that affect revenue and costs at the operating level. There are three primary areas to affect
these:

  • Minimize down time
    Reduce inspection requirements, apply external techniques in-lie of internals, optimize turnaround intervals, and improve equipment designs. All of these are weighed and the lowest cost long term plan is developed which will maximize run time.

  • Minimize equipment costs
    Through a combination of strategic inspection planning, equipment upgrades, process controls, and other inputs, we will help to minimize the long term costs associated with equipment inspection and maintenance.

  • Reduce failure losses
    As a part of each implementation, we will consider potential risks associated with equipment failure. This includes environmental or personnel exposure, equipment damage, and other related costs.

  • Evaluate insurance impact
    The insurance industry has developed precise metrics for weighing the impacts of technology and its application. We work with a number of underwriters and facility assessment companies to weigh these impacts, as well as the potential reduction in insurance premiums, within each applicable project.

Return on Investment

Aside from evaluating the business impacts of our services, it is key to most applications that we project the return on our project. It is our target that each project will have a one year return on investment. We will demonstrate this justification within our quote to you for our services.