How Oil, Energy & Manufacturing Leaders Are Rethinking Asset Management for Modern Operations
Enterprise Asset Management (EAM) is in the middle of a major transformation. Once seen as little more than a maintenance and work order system, EAM has grown into a strategic platform that drives asset reliability, operational efficiency, workforce productivity, and broader digital transformation.
Across oil & gas, energy, utilities, and manufacturing, organizations are contending with aging assets, rising operational complexity, sustainability targets, and constant pressure to do more with less. In that environment, EAM has become the backbone of smarter, asset-intensive operations.
This episode brings together industry leaders from across regions to discuss how EAM strategies are evolving, the obstacles that persist, and how emerging technologies : AI, predictive maintenance, mobility, and connected assets are shaping the future of asset management.
Key Takeaways:
-See how leading organizations are redefining EAM well beyond maintenance management
-Learn how EAM supports reliability, operational excellence, and digital transformation
-Identify the barriers that keep organizations from realizing the full value of their EAM investments
-Explore the expanding role of AI, predictive analytics, and connected assets in modern EAM
-Gain practical insights into improving asset performance, maintenance efficiency, and workforce productivity
-Understand why asset data quality has become a make-or-break success factor
-Get a clear view of what the future of EAM looks like in an increasingly digital, AI-native world
Who Should Attend:
-Asset Management Leaders
-Maintenance & Reliability Professionals
-EAM / CMMS Administrators
-Plant Managers & Operations Leaders
-Digital Transformation & Industry 4.0 Teams
-CIOs, CTOs & Technology Leaders
-Engineering & Maintenance Managers
-Supply Chain & MRO Leaders
-Data Governance & Master Data Management Teams
-Professionals across Oil & Gas, Energy, Utilities, Chemicals, Mining, -Metals, Manufacturing, and Process Industries
Purpose-built for asset-intensive operations — not adapted from generic enterprise software. Each suite solves a distinct, critical challenge.
End-to-end MRO inventory optimization. Practically guarantees availability of critical spares, controlled procurement spend, and zero maverick spending.
The master data platform for asset-intensive enterprises. Cleanse, standardize, enrich and govern master data across 5+ domains with AI-native processing and deep ERP integrations.
Evaluate two purpose-built solutions designed for industrial enterprises - MRO360 for spare parts and maintenance optimization, and MDM Suite for master data harmonization and governance.
Pick what you need – the form adapts to route you to the right team.
Oil and Gas organizations face huge unwanted costs in the form of losses, penalties and compensation due to industrial accidents, taking a sizable chunk of their revenues. One of the important reasons for failures and accidents is the breakdown of key industrial infrastructure arising from ineffective management of the material base and inefficiencies in the MRO supply chain that are highly critical for the production and maintenance cycles.
More and more organizations are now looking to establish Master Data Management (MDM) implementations in order to manage their assets through informed decision-making based on reliable data and ensure optimal industrial safety across the enterprise.
About the company:
This US based company is a global leader in providing essential mechanical components for both land and offshore drilling rigs, complete drilling and well servicing rigs, as well as a comprehensive range of tubular inspection, internal coatings, drill string equipment, lifting and handling gear, and downhole drilling tools. It also offers supply chain services through distribution centers strategically located near major drilling and production sites worldwide. With over 800 manufacturing, sales, and service centers globally and annual revenues exceeding $12 billion, the company delivers customer-focused solutions tailored to meet the energy industry’s quality, productivity, and environmental needs.
The company faced significant challenges with their master data.
• Lack of consistency and standards for the master data
• Incorrect, incomplete, unclassified and outdated attribute fields of master
data High volumes of data in multiple languages
• Multiple ERP and other legacy instances across the company
• Poorly structured material descriptions
• Lack of data governance and collaboration across cross-functional divisions and locations
Solution: Material Master Data Harmonization & Ongoing Maintenance
The company implemented Verdantis Material Harmonize to cleanse and enrich its historical material master data. Using AI-powered tools and the Verdantis Content Repository, the solution classified, standardized, and eliminated duplicate materials.
Once the data was harmonized, Verdantis Material Integrity was deployed for ongoing data governance. It ensured continuous data accuracy through real-time validation, AI-driven classification, and duplication prevention, maintaining high data quality across enterprise systems.
Key Actions Taken:
Results Achieved:
By integrating Material Harmonize & Material Integrity, the company achieved a scalable, AI-powered Master Data Management framework, ensuring long-term data consistency, efficiency, and compliance.
