AssetWise Reliability dashboard displaying operational KPIs with four gauge dials for downtime and compliance above an asset hierarchy tree and an active alarms log for oil and gas equipment.

AssetWise Reliability

Asset performance management and reliability software

BENEFITS

Optimize asset reliability & risk management

Develop risk-based maintenance and inspection strategies in a digital twin that improve asset reliability, reduce risk, and meet performance goals.
AssetWise Reliability degradation rate analysis graph for a pressure vessel, plotting wall thickness measurements over time with predictive dashed lines forecasting asset thickness decay and retirement dates.
  • Improve asset reliability & performance

    Prioritize assets based on risk, safety, production impact, and cost to maintain reliable operations and meet performance goals.

  • Enable data-driven maintenance decisions

    Eliminate data silos and turn operational and inspection data into actionable insights that support faster, smarter maintenance decisions.

  • Implement risk-based maintenance strategies

    Apply reliability methodologies such as RCM2, FMEA and RBI to ensure assets continue to meet performance requirements.

PRICING OPTIONS

Exclusive pricing options

AssetWise Reliability

Asset performance management software that helps organizations assess risk and optimize maintenance.

  • Leverage digital twins for maintenance planning to mitigate risks and hit performance goals
  • Ensure reliable operations by prioritizing assets based on safety, cost, and risk factors
  • Drive smart maintenance choices by turning inspection data into clear, actionable insights
  • Maintain performance standards by applying methodologies like RCM2, FMEA, and RBI

More details

Asset hierarchy management

  • Manage assets across unlimited sites and hierarchy levels while tracking installations and complete historical records.
  • Apply enterprise asset strategies and identify poor performers
  • Analyze and report on asset data efficiently using hierarchical structures  

Asset templates & strategy standardization

  • Analyze components and assemblies, systems, and entire site hierarchies, including condition indicators and maintenance plans
  • Accelerate implementation using smart copy and templating capabilities
  • Maintain consistency across sites in your enterprise

Asset risk prioritization and criticality assessment

  • Assess the potential impact of asset failure based on safety, environmental integrity, output, quality, costs, customer service, or other factors
  • Evaluate likelihood and consequence of asset failure
  • Objective determination of the relative risk (to identify reliability improvement projects) and criticality (to prioritize maintenance)  

Reliability strategy selector

  • Apply reliability methodologies including RBI, RCM2, FMEA and SIF
  • Objectively determine which assets require RCM2 versus those better suited for MTA or CPR through a tailored, risk‑based approach.
  • Provide an auditable, regulator‑ready reference that supports transparency and compliance.

Strategy development analysis (SDA) study

  • Document/record, revise/update and approve FMEA/MTA, RCM, RBI, and SIF analyses
  • Maintain version control for better operational records

Safety analysis and risk management

  • Analyze loss‑of‑containment scenarios and assess risks at both the system and asset levels to support required safety and compliance processes, including ISA 84, IEC 61511, IEC 61508, and IEC 61882.
  • Ensure assets are safely inspected, proof tested, and maintained to reduce or eliminate risk, covering SIS/SIF, SIL, HAZOP, risk matrices, and layer‑of‑protection analysis.
  • Provide a structured approach to identifying and mitigating safety risks across operations.

Feasibility evaluation for MTA, RCM, and RBI failure modes

  • Evaluate the cost of maintenance strategies as well as the cost of asset failure and select the best option.
  • Balance the cost of performing preventive maintenance against the cost of actual repairs,
  • Set cost justification threshold for transparency on selected option.

Risk-based inspections (RBI)

  • Identify best inspection and maintenance strategy for pressure systems, tanks, and other containers based on risk tolerance and criticality
  • Document the threats, failure mechanisms, failure modes, and barriers to maintain asset integrity
  • Evaluate the risk and develop the risk mitigation strategy
  • Manage and maintain Inspection Next Due Dates based on degradation rates.

Reliability-centered maintenance

  • Define maintenance tasks required to maintain asset function, suited for high-risk assets beyond risk tolerance.
  • Apply Reliability-Centered Maintenance (RCM) practices for high-risk or critical asset
  • Fully compliant with JA1011/JA1012 standards.

Maintenance task analysis (FMEA)

  • Capture operational knowledge using FMEA-based maintenance planning
  • Use templates for condition monitoring and maintenance activities
  • Accelerate reliability program implementation

Current practices review (CPR)

  • Automates valid paper-based inspections, preventive maintenance tasks, condition-based maintenance routes, and operating setup procedures through baseline review.
  • Use when quick results are required to initiate change from a highly reactive environment to a more proactive culture
  • Validates existing practices and implements a mobile approach to inspection and work management

Asset condition assessment

  • Evaluation matrix by asset class
  • Score assets for refurbishment, upgrade, or replacement

Asset restoration planning

  • Evaluation matrix by asset class
  • Plan capital expenditures for refurbishment and replacement
  • Align maintenance investment with long-term asset performance goals

Deployment options

  • Hosted by Bentley
  • On-premises or self/third-party hosting

Databases Supported

  • Microsoft SQL Server

Technical architecture

  • Microsoft.NET
  • Winforms user interface components
  • Load balancing, application server management, hosted under IIS
  • Unified deployment and migration capabilities
  • Encrypted secure https communication between client, application servers
  • OpenID authentication, Active Directory federation, multifactor authentication - Or Windows authentication

USER STORIES

Real stories. Real results.

OQ Upstream boosts asset reliability by 25.7%

OQ Upstream established a centralized digital system with AssetWise, digitizing workflows to reduce failures and improve sustainability.

A field technician at an OQ Upstream industrial facility uses a mobile tablet to perform digitized inspections and check asset performance data.

EPCOR cuts equipment outages by 43% by shifting to a risk-based strategy

The team used AssetWise to quantify asset health, enabling a proactive, risk-based approach to improve reliability.

Aerial view of the Itafos phosphate fertilizer production facility in Conda, Idaho.

Itafos standardizes care plans for 9,000+ assets

To maintain its OSHA VPP Star status, Itafos used AssetWise to digitize and standardize its reliability program, reducing data collection from days to minutes.

Aerial view of the Itafos phosphate fertilizer production facility in Conda, Idaho

FAQS

Find answers

AssetWise Reliability is software for building proactive inspection and maintenance programs using digital twins. It helps organizations improve asset reliability by assessing risk, prioritizing critical assets, and defining the actions needed to ensure safe, predictable, and sustainable operation.

Asset performance management (APM) software helps organizations monitor, analyze, and optimize the health and reliability of their physical assets. It uses data, inspections, and analytics to improve performance, reduce downtime, and support proactive maintenance strategies.

AssetWise Reliability supports RCM by identifying failure modes, assessing risks, and defining the proactive maintenance tasks needed to ensure assets continue meeting performance requirements in their operating context.

  AssetWise Reliability reduces asset risk by prioritizing critical assets - from a set of consequence categories, scores, and probabilities. Additionally, failure modes are evaluated for risk (consequences and probability) and cost-justified actions/strategies. Risk plots, matrices and asset summaries are provided.  

Yes. AssetWise Reliability supports regulatory compliance by using risk‑based inspections, safety‑focused processes, and structured maintenance strategies that help ensure assets operate safely within required standards, and supports multiple safety standards, including ISA 84, IEC 61511, IEC 61508, IEC 61882, as well as being JA1011/1012 compliant.

AssetWise Reliability is tailored for the following industries: oil and gas, utilities and process, industrial and manufacturing, and transportation.

RESOURCES

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