Aspen Fidelis Reliability Analysis Software

Among equipment projects, one in five is seen to be over budget, making decision-making regarding all expenditures crucial for equipment project owners. Throughout the project lifecycle or the lifespan of the plant, various concerns and decisions, both large and small, may arise from design to operation. Decisions are often based on trade-offs between the ability to achieve key performance indicators such as plant throughput, quality, uptime, and safety, and costs. Carefully evaluating these trade-offs fundamentally determines whether the project will succeed, achieve overall goals, and result in customer satisfaction. For more details, please refer to the related catalog.

Aspen Fidelis is a discrete event simulator that uses the Monte Carlo method. It predicts system operation and maintenance over the lifecycle, as well as future performance. Aspen Fidelis provides an accurate and comprehensive list of bad actors quantified not only by maintenance but also by revenue and production losses. It can effectively perform lifecycle analysis on assets, including parameters that define asset uptime, overall equipment effectiveness, and other factors such as operating conditions, reliability, and costs. For more details, please refer to the related product information.