Why An Organization Cannot Do Without 360 Visual Asset Management?

VAM-360 Visual Asset Management

360 VAM reduces operational risk, reduces cost and increases efficiency

Managing industrial assets has always been a tough task. Although proper management of industrial assets is important to boost the efficiency and productivity of your organization, finding the right tool could be a daunting task. Thankfully, technological advancements have answered your plea in the form of 360 Visual Asset Management tool that helps you visualize your assets from a remote location virtually.

What is 360 Visual Asset Management?

Put simply, 360 Visual Asset Management helps you visualize remote physical assets. So from a different location altogether, you will be able to visit your site virtually and look around in all directions as if you were there. You can also see the location of each panoramic image on a floorplan or on the map.

It works by capturing spherical or panoramic 360 degree images using ultra high resolution camera. Images are then superimposed on a floorplan or geotagged on a map to show location. 360 VAM is a web-based tool that can be customized and integrated with your existing Operations Management Systems (OMS), making It a powerful asset visualization tool. If a picture is worth 1000 words, a 360 picture is worth 360,000 words.

Why Your Organization Needs 360 Visual Asset Management?

Put simply, 360 Visual Asset Management helps you visualize remote physical assets. So from a different location altogether, you will be able to visit your site virtually and look around in all directions as if you were there. You can also see the location of each panoramic image on a floorplan or on the map.

It works by capturing spherical or panoramic 360 degree images using ultra high resolution camera. Images are then superimposed on a floorplan or geotagged on a map to show location. 360 VAM is a web-based tool that can be customized and integrated with your existing Operations Management Systems (OMS), making It a powerful asset visualization tool. If a picture is worth 1000 words, a 360 picture is worth 360,000 words.

So now that we understand what 360 Visual Asset Management is, let us find out why is it a must for every organization? How does it really help streamline the business operations? Let’s see.

Complete view

360 Visual Asset Management provides you a 360-degree view of the whole area. So, whatever is your site of interest, you can have a look around like you are physically present at that spot. This can be owed to the fact that the camera gives you a view in all directions.

Archive

One of the biggest advantages offered by 360 Visual Asset Management is its ability to archive data. With the help of an imaging system, you can capture the physical assets in their current condition. Add to that, the software can archive the information regarding their conditions based on requirements. This documented archive will consist of images and notes which can be put to use later. So, later if you have to refer back to the asset’s previouse condition, this archive will come in handy.

Easy sharing

When you are working with a team in a particular project, it is necessary that your share the details of the project with the team members. This helps you and your team be on the same page, thus facilitating a smoother workflow. 360 VAM provides the team members with a virtual walkthrough of the entire site of interest and helps them share it with one another in the group.

Incident management

No matter, how careful you are in a company, there are chances that certain incidents will hamper the workflow, and these need to be mitigated in the best possible way. The most important aspect in these situations is communication. The team members need to communicate effectively with each other in order to resolve these issues.

With the help of 360 VAM, you will be able to keep constant communication with the team members during emergency response, and prevent the incident from escalating. This tool will prove to be essential during emergencies.

Easy planning

One of the many benefits offered by 360 VAM is easy planning. When you are able to fully visualize your site remotely, you can plan maintenance efforts ahead of time. You can also share the visual information with contractors and vendors to help them prepare for site visits or tenders.

Reduce travel time

So, if your company has multiple business unites with different assets that need to be managed on regular basis, you are probably spending too much time on the road. 360 VAM can reduce travel time and increase your efficiency by providing you with visual as-built of all your assets. Even if you are on the road, 360 VAM can be viewed using a single URL from any location, making an ideal tool interact with your team on maintenance efforts and change management.

How to setup 360 VAM

It is true that 360 Visual Asset Management gives you an industrial virtual tour. However, there are some aspects to be kept in mind in order to have a more cost effective solution to your program.

  • Identify internal and external stakeholders who will be using VAM. Based on our experience, operations, maintenance, integrity management, health and safety, and upper management are a good place to start. External stake holders could be contractors, vendors, service providers or permitting entities.
  • Once stakeholders are identified, a data criteria for querying the data can be developed to fit the requirements. A clearly defined data criteria ensures critical information is captured in while VAM technicians are on site. An example of data criteria is: Maintenance Department- Pump Inspection Report, updated monthly, access permission assigned to field inspectors only, view last 3 reports side by side, archive reports older than 6 months.
  • Once the data criteria is defined, a scope of work could be developed.
  • It is always recommended to do a pilot project to help capture feedback from stakeholders early on before conducting a large scale Visual Asset Management Solutions

Over to You

What is your take on this? Sounds useful and interesting, right? Well, it is. 360 Visual Asset Management could be the next big thing which not only keeps you ahead of others but also saves your time, money and other resources, by providing you the full picture of your site without being there. But, definitely, there is a lot more to it.

If you are eager to learn more about 360 visual technologies, contact Reality IMT today.

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