Asset Integrity Management (AIM) is a word that refers to the process of maintaining an asset’s capacity to fulfil its purpose adequately and efficiently. Asset integrity management companies’ plans that are well-run guarantee that the people, solutions, processes, and resources that allow an asset to perform its role are in place throughout its life cycle, while also adhering to health and security and ecological regulations. AIM covers the whole life cycle of an asset, from conception to decommissioning and replacement.

Asset management is to efficiently manage business resources in an attempt to enhance value, revenue, and returns while also protecting employees, the community, and the ecosystem. Since all of these professions affect the integrity of infrastructure and equipment, a real Asset Integrity Management approach includes design, management, inspection, process, operational, and management elements.

Throughout the asset’s lifespan, Asset integrity management are used to monitor an asset’s capacity to fulfil its needed function. The systems guarantee that the people, systems, processes, and resources needed to deliver integrity are in place, operational, and ready to go when needed.

Operators are looking for the most cutting-edge, data-driven technological solutions to enable a whole lifecycle strategy to corrosion risk management. Corrosion monitoring and Asset Integrity Management should be combined as part of a cost-effective servicing strategy that enhances service life, security, and administrative efficiency.

Asset Integrity Management enhances plant dependability and safety while lowering unexpected upkeep and repair expenses.

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An asset integrity management system, on the other hand, does not exist in isolation. It is critical that all stakeholders have a constant and unified knowledge of what asset integrity is and how it can be implemented in day-to-day processes in order to effectively execute an asset integrity management system in a dynamic operating atmosphere, but this is frequently cited as one of the most major challenges in accomplishing an integrity culture within an institution.

5 leading asset integrity management companies around the world

This market was valued at USD 24.55 Billion in 2020. In the  Global Asset Integrity Management Companies’ Market Report, Verified Market Research analysts pointed out its market value to cross USD 48.70 Billion by 2028. Market trends reveal that it is growing at a CAGR of 9.05% from 2021 to 2028.

Intertek Group
The Intertek Group is an international assurance, examination, product monitoring, and licensing firm based in London, England. In 1996, the business was established. André Lacroix is the current CEO of the business.

Intertek is a prominent provider of Total Quality Assurance to businesses all over the world. Our customers benefit from Intertek Total Quality Assurance knowledge, which is constantly supplied with accuracy, speed, and enthusiasm, allowing them to go forward securely.

Fluor Corporation
Fluor Corporation, based in Irving, Texas, is a worldwide engineering and construction company. It is a holding corporation with subsidiaries that provide services. John Simon Fluor started the company in 1912.

Fluor Corporation is a multinational engineering, procurement, fabricating, construction, and management firm with projects and offices spread across 6 continents. Fluor’s profits grew to include nuclear waste cleanup operations and other sustainability activities.

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SGS
SGS is a Swiss international corporation that offers inspection, validation, testing, and certification solutions. Its headquarters are in Geneva, Switzerland. It was established in 1878. Frankie Ng is the company’s current CEO.

SGS is the world’s largest testing, inspection, and certification organization. We are known across the world as the gold standard for quality and honesty. They encourage a community that is both informed and pleasant.

Oceaneering International
Oceaneering International is a Houston-based subsea engineering and applied technology firm that provides designed services and gear to customers operating in maritime, space, and other settings. It was established in the year 1964.

At Oceaneering, they specialize in doing business in a way that supports safety, health, the ecology, and high ethical standards, all while helping the areas in which they live and work. Everything they do revolves around their Core Values. All Oceaneering activities begin and end with protection.

Bureau Veritas
Bureau Veritas, founded in 1828, is a French testing, examination, and accreditation firm. Building & Construction, Agri-food & Goods, Marine & Offshore, Enterprise, Certification, and Consumer Goods are some of the industries in which it works.

Bureau Veritas assists its clients in improving their efficiency by providing services and creative solutions to guarantee that their resources, goods, infrastructural facilities, and procedures comply with quality, health and security, environmental conservation, and socially responsible guidelines and laws.

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