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PROACT(TM) Logic Tree Knowledge Management Templates Now Available for Use in PROACT(R) for Meridium


ROANOKE, Va., Aug. 28 /PRNewswire/ -- Meridium Inc., the global leader in asset performance management software and consulting solutions, announced the availability of the exclusive PROACT(TM) Logic Tree Knowledge Management Templates within their suite of Asset Performance Management (APM) products. The templates, developed and owned by Meridium's long-time integration partner, Reliability Center, Inc., (RCI) are now available for use in the Root Cause Analysis module of Meridium.

The PROACT(TM) Logic Tree Knowledge Management Templates are an aggregation of experience garnered from more than 800 field investigations. The analyses have been thoroughly reviewed and their results compiled to form this unique, single RCA knowledge base.

"Analysts can now utilize RCI's templates within Meridium, providing a comprehensive knowledge base that can be leveraged to accelerate analysis activities. As RCA teams progress through their analyses related to a particular failure, they can now review additional possibilities made available with the PROACT Logic Tree Knowledge Management Templates. These templates provide the analyst with greater visibility into something their team could have missed and can also incorporate previous findings into the current analysis to ensure that appropriate corrective actions are identified," said Joe Nichols, Vice President of Product Strategy for Meridium.

Robert J. Latino, CEO of Reliability Center, Inc., said, "When conducting RCAs, one of the greatest benefits any company can achieve is to optimize the learning from past experiences to avoid future consequences. The new PROACT Templates provide a jump start to this process by allowing past experience to be easily accessed and utilized within new analyses. By publishing PROACT analyses and using templates within Meridium, we are providing a growing RCA knowledge base that will make future RCAs more accurate, comprehensive, efficient and effective."

Meridium and RCI have been alliance partners for more than 10 years. Meridium's RCA solution incorporates RCI's PROACT(R) methodology for root cause analysis to correct recurring or costly reliability problems.

For more information on the PROACT Templates, visit: http://www.reliability.com/industry/proact/proact_suite.html

For more information, contact:

media@meridium.com or call 540.344.9205 or info@reliability.com or call 804.458.0645

About Meridium

Meridium, Inc. is the global leader in asset performance management solutions for process, power, mining and discrete manufacturing industries. With Meridium software and services, companies can improve profitability and achieve predictable production capacity without additional capital expense by increasing reliability and improving the performance of their production assets. Industry leaders such as Chevron, LyondellBasell, Marathon Oil, Anglo Platinum, and Xcel Energy rely on Meridium for enterprise wide asset performance. Founded in 1993, Meridium is headquartered inRoanoke, VA, USA, with regional offices inHouston, TX, USA;Dubai, UAE; Walldorf,Germany; and Perth, Australia. For more information, visit www.meridium.com

About Reliability Center

RCI is an international leader in bringing Reliability Engineering principles to the field of root cause analysis, correcting failures and preventing future errors in human work efforts. RCI has been a leader in successfully applying such knowledge and skills to the industrial sector for over 35 years. These knowledge transfers are designed to challenge self-limiting paradigms and help clients boost profitability and productivity with minimum capital outlay. For more information, visit www.reliability.com

PROACT(TM) Logic Tree Knowledge Management Templates are the copyright and trade secret property of Reliability Center, Inc. PROACT(R) is a registered trademark of Reliability Center, Inc.

SOURCE Meridium Inc.

Tags: ,CPR,STW,OIL,PDT,VA-Meridium-Inc.
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