French IT firm launches new product

Améthyste, a French software publisher, has recently launched a new software solution — orKsoft — which provides a global and collaborative vision of Asset Integrity and Risk Based Management through a dedicated integrated network platform. Améthyste will showcase orKsoft at  “Process Safety Management Week” and “ADIPEC” due to take place in Abu Dhabi at the end of 2012. This will be an opportunity for Oil and Gas operating companies as well as for companies specialised in certification, inspection and maintenance to discover a new approach of Asset Integrity Management. The main objective of orKsoft is to provide decision support to maximise the economic value of industrial plants in compliance with environmental regulations. Following its transversal features, orKsoft enables management to ensure that all stages of the life cycle of equipment, from design to decommissioning, are managed to best in class and consistent standards; increase the reliability, availability, maintainability, safety and sustainability of facilities; identify risks early on, measure efficiency of mitigation in order to reduce the potential impact on facilities, people and environment; reduce the costs of inspection and maintenance while extending the life of the facility; consolidate data and orchestrate processes related to integrity management of facilities and staff. Asset Integrity Management and risk assessment are increasingly important considerations for plant managers in the oil and gas sector. Early identification of threats endangering personnel, local environment and plant operations enables top management to implement an efficient strategy for the prevention and the management of major risks. Additionally, the day to day activities of the site can be conducted with a better control and knowledge of the exposure to identified risks, and protection systems can be adapted and maintained in optimum condition. To meet this target, orKsoft is based on 6 main transversal features: Assets & Resources Repository, Risk Register, Risk Assessment modules, scheduling, workflow and data management system and a reporting & KPIs feature. Because Integrity cannot be separated from inspection, maintenance and operations or human resources and skills considerations, orKsoft is a unique and innovative solution which allows the integration of all these business lines for risk management. When a risk has been described once, this information is available to all users in the organization, whatever function they work in. orKsoft is a flexible solution which can address the needs of a small company just as well as a major corporation, it can be operated in a standalone mode or equally in public or private Cloud Computing. It may be mentioned that Améthyste has been working in the software industry since 1990. The company develops and market decision support software for risk management in industrial environments. The teams are specialised in the implementation of value-added solutions for the oil and gas industry in the areas of Asset Integrity Management and Risk Based Inspection and Maintenance.  From gulftoday