Advanced technologies for effective asset management - two cases in capital intensive branches

Helena Kortelainen; Jyri Hanski; Pasi Valkokari

doi:10.1016/j.ifacol.2020.11.002

Advanced technologies for effective asset management - two cases in capital intensive branches

Helena Kortelainen, Jyri Hanski, Pasi Valkokari

Research output: Contribution to journal › Article in a proceedings journal › Scientific › peer-review

3 Citations (Scopus)

Abstract

Digital transformation influences also asset management processes and offers solutions for more effective practices. This study focuses on the use of advanced technologies in the electricity supply and forest industry cases. The study revealed a broad spectrum of technological solutions and services that could create value for asset management activities in the industry 4.0 context. The solutions were evaluated with the asset life cycle management framework that offers means for linking the technologies and solutions to the asset management and maintenance activities.

Original language	English
Pages (from-to)	7-12
Number of pages	6
Journal	IFAC-PapersOnLine
Volume	53
Issue number	3
DOIs	https://doi.org/10.1016/j.ifacol.2020.11.002
Publication status	Published - Dec 2020
MoE publication type	A4 Article in a conference publication
Event	4th IFAC Workshop on Advanced Maintenance Engineering, Services and Technologies, AMEST 2020 - Cambridge, United Kingdom Duration: 10 Sept 2020 → 11 Sept 2020

Keywords

Asset
maintenance management
Asset life cycle management
maintenance related services
service improvement

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.ifacol.2020.11.002Licence: CC BY-NC-ND

Cite this

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title = "Advanced technologies for effective asset management - two cases in capital intensive branches",

abstract = "Digital transformation influences also asset management processes and offers solutions for more effective practices. This study focuses on the use of advanced technologies in the electricity supply and forest industry cases. The study revealed a broad spectrum of technological solutions and services that could create value for asset management activities in the industry 4.0 context. The solutions were evaluated with the asset life cycle management framework that offers means for linking the technologies and solutions to the asset management and maintenance activities.",

keywords = "Asset, maintenance management, Asset life cycle management, maintenance related services, service improvement",

author = "Helena Kortelainen and Jyri Hanski and Pasi Valkokari",

note = "Funding Information: The authors gratefully acknowledge Business Finland for funding Solid value of digitaliaz tion in forest industry (SEED) and Smart Otaniemi Operational reliability in smart energy systems research projects, and the companies involved in the SEED and Smart Otaniemi ecosystems. Publisher Copyright: Copyright {\textcopyright} 2020 The Authors. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0); 4th IFAC Workshop on Advanced Maintenance Engineering, Services and Technologies, AMEST 2020 ; Conference date: 10-09-2020 Through 11-09-2020",

year = "2020",

month = dec,

doi = "10.1016/j.ifacol.2020.11.002",

language = "English",

volume = "53",

pages = "7--12",

journal = "IFAC-PapersOnLine",

issn = "2405-8971",

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TY - JOUR

T1 - Advanced technologies for effective asset management - two cases in capital intensive branches

AU - Kortelainen, Helena

AU - Hanski, Jyri

AU - Valkokari, Pasi

N1 - Funding Information: The authors gratefully acknowledge Business Finland for funding Solid value of digitaliaz tion in forest industry (SEED) and Smart Otaniemi Operational reliability in smart energy systems research projects, and the companies involved in the SEED and Smart Otaniemi ecosystems. Publisher Copyright: Copyright © 2020 The Authors. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0)

PY - 2020/12

Y1 - 2020/12

N2 - Digital transformation influences also asset management processes and offers solutions for more effective practices. This study focuses on the use of advanced technologies in the electricity supply and forest industry cases. The study revealed a broad spectrum of technological solutions and services that could create value for asset management activities in the industry 4.0 context. The solutions were evaluated with the asset life cycle management framework that offers means for linking the technologies and solutions to the asset management and maintenance activities.

AB - Digital transformation influences also asset management processes and offers solutions for more effective practices. This study focuses on the use of advanced technologies in the electricity supply and forest industry cases. The study revealed a broad spectrum of technological solutions and services that could create value for asset management activities in the industry 4.0 context. The solutions were evaluated with the asset life cycle management framework that offers means for linking the technologies and solutions to the asset management and maintenance activities.

KW - Asset

KW - maintenance management

KW - Asset life cycle management

KW - maintenance related services

KW - service improvement

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U2 - 10.1016/j.ifacol.2020.11.002

DO - 10.1016/j.ifacol.2020.11.002

M3 - Article in a proceedings journal

SN - 2405-8971

VL - 53

SP - 7

EP - 12

JO - IFAC-PapersOnLine

JF - IFAC-PapersOnLine

IS - 3

T2 - 4th IFAC Workshop on Advanced Maintenance Engineering, Services and Technologies, AMEST 2020

Y2 - 10 September 2020 through 11 September 2020

ER -

Advanced technologies for effective asset management - two cases in capital intensive branches

Abstract

Keywords

UN SDGs

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