Pushing the limits of Analytical Life Cycle Management

Have you ever experienced projects hampered by poor performance and cost overruns? More often than not this seems to be the case for projects involving complex technical systems. It’s not a law of nature – it can be avoided by combining the right methods, tools, and people with a farsighted, complete, life cycle view.

Tomas Eriksson
Tomas Eriksson, CEO Systecon

Combine world class analytics and structured Life Cycle Management

Systecon has long promoted a structured approach to Life Cycle Management (LCM), driven by analytical methods. This approach continuously generates good decision support in order to make the right strategic and long term decisions. This is possible by using available information in each life cycle phase and enhance it with cutting edge analytics – creating a solid ground for structured continuous improvement with a thru life/whole system perspective.

This approach has been proven effective in a vast number of projects in different industries, with different applications. In today’s competitive, fast changing world, cost effectiveness and adaptability is crucial. We are firmly convinced of the positive impact the combination of world class analytical engines and structured LCM brings.

We have been developing Opus Suite for more than 40 years. We maintain our tools’ state-of-the-art level through continuous innovation and adaptation to new scenarios. We do this by combining customer feedback with an understanding of what it takes to own and manage complex technical systems, and a deep knowledge in applied mathematics, through optimization and simulation.

Dedicated R&D

Throughout the years, the majority of improvements that has been made in Opus Suite come from research carried out within our own organization. We have a group of dedicated experts who are continuously doing research and working on developing new methods and tools, in co-operation with both academia and the industry.

At Systecon we are passionate about pushing the limits within the LCM area through exploring and developing new ideas. We want to share insights into some of the nitty-gritty details of what we do to bring you great tools.

One of the research projects comes from Systecon’s involvement in the National Aeronautics Research Programme, where Dr. Olle Wijk from our development group has been one of the leading contributors to the development of a strategy for optimized maintenance during phase out of systems.

Download paper

The other is an independent research effort led by Dr. Mats Werme from Systecon’s development group, on the impact of applying constant failure rates in logistics optimization.

Download paper

Share knowledge at our Opus Suite User Conferences

This autumn we are also looking forward to sharing our ideas at our Opus Suite User Conferences in Australia, UK and Germany, following the ones in Sweden, the US and Italy earlier this year.

These events are exciting opportunities for us to meet users and peers within the LCM community, share ideas, and get inspired. Subjects such as high level LCM ideas, research as described above, news in Opus Suite, real world applications, and tips on advanced modeling will be presented. I really look forward to meeting you there!

 

Three Cornerstones for Successful Life Cycle Management

While Opus Suite provides the ultimate analytical platform, several other factors are also essential to succeed with Systems Life Cycle Management (SLCM). The capability for continuous proactive SLCM rests upon three equally important corner stones: Strategy, Information and Analysis. Are they firmly in place in your organization?

Learn more about Systecon's LCM concept

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