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All Blog Posts Tagged 'equipment' (2)

Adapting an Algorithm to Real-time Applications

Below are some images generated by an algorithm that I originally created to study stocks. The stock in this case is Yahoo! in the early 2000s. I realize that none of these images resemble conventional stock market patterns. Keep in mind that algorithms by nature interact with the data. They don't simply restate the numbers in graphical form. An algorithm designed to deal with historical stock trading data can be modified to deal with the data in real-time. However, there is no inherent…

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Added by Don Philip Faithful on January 21, 2017 at 8:48am — 4 Comments

To build a MEL, you need a Private Detective

Over the past six months we have been working with the reliability and maintenance organization within a large oil and gas client to build out their Master Equipment List (MEL). Like many asset-intensive organizations, they have implemented an Enterprise Asset Management (EAM) tool to give them visibility and control over their capital equipment to optimize their maintenance strategies, reduce operating costs, and better manage their workforce and spare parts inventories. The challenge is…

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Added by Sullexis LLC on October 6, 2014 at 8:00am — No Comments

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