EXAKT

Condition based maintenance software

EXAKT is an innovative, totally unique package. It's designed from the ground up by a team an impressive team of engineers, statisticians and software specialists at the University of Toronto. EXAKT was conceived and spear-headed by Dr. Andrew Jardine, a world-respected authority in the field of maintenance and reliability. Dr. Jardine is Director of the CBM Lab at U of T. It's now called C-More … Centre for Maintenance Optimization and Reliability Engineering.

Oliver Interactive, Inc. (Oii) was among the original members of the consortium that proposed most of the directions in the development of EXAKT. Oii is currently not involved with EXAKT to the degree it was earlier, but maintains its interest in its ongoing success. To this end, you are invited to contact us with your enquiries and questions. We will, based on your industry category and location, direct your enquiry to the appropriate associate.


EXAKT — Its Function

EXAKT — What is it?

  • EXAKT is a decision support tool for predicting reliability and optimizing condition based maintenance.

EXAKT — What can it do?

  • Predict equipment failure. Estimate remaining useful life of equipment.
  • Define the mix of preventive replacement & run to failure in order to:
    • Optimize costs
    • Optimize reliability
    • Achieve the optimum risk/cost/reliability balance

EXAKT — Its Benefits

  • Production Reliability – Is improved. Operating costs are reduced by predicting failures before they occur.
  • Zero Equipment Downtime – Before the end of the production run providing operations with a high level of confidence.
  • Accurate Maintenance Scheduling – Predicts remaining useful life.
  • Eliminate Analysis of low-impact data – Directly relates condition variables to failure modes with statistical confidence levels.
  • Reduction of maintenance costs – Optimizes the frequency of preventive replacements.
  • Effective equipment & component replacement planning – Accurately predicts remaining useful life.
  • Accurate failure prediction – By operating at the component level for complex equipment.
  • Consistent & accurate prediction model – For each piece of equipment.
  • Focuses on key operating and condition variables – Reduces data collection and analysis costs.
  • Ongoing system maintenance minimized – As a self-checking analyzer, EXAKT ensures the ongoing accuracy of statistical formulas.
  • Results at a glance - Through easy-to-read graphs requiring minimal training.

Sample EXAKT Results

  • EXAKT has achieved maintenance cost reductions of 10% to 49% per failure mode
  • EXAKT has produced 84% to 100% reduction in failures
  • EXAKT delivers consistently statistically significant confidence levels

EXAKT's Basic Input Data

  • Equipment and component parameters.
  • Event data from the work order (data relating to events that affect the equipment, such as failures, suspensions, frequency, working age).
  • Condition data – vibration, oil sampling, temperature etc…
  • Failure modes.
  • Preventive and failure replacement costs.

EXAKT Output Data

Partial List

  • Optimum % balance of preventive replacement and run-to-failure maintenance.
  • Cost impact related to current practice.
  • Statistical validity of alternative models.
  • Remaining useful life.
  • Expected time between replacements.
  • Traffic light graph with a current status trend line – the equation of the variables is monitored by EXAKT, with …
  • “Replace/Don't Replace” conclusions in the red zone indicating the need to replace immediately.

Industries Served

  • Any industry where asset replacement cost or equipment failures are a significant part of their operations
  • Any heavy industry such as mines, steel, metals processing, chemicals, oil and gas, petrochemical, pulp and paper, large transportation (aircraft to truck and bus)
  • Discrete manufacturing facilities – automotive, electrical, components, furniture, tires, plastics
  • Process manufacturing – pharmaceuticals, food and beverages
  • Municipal, state/provincial and federal departments, military, customs, airports
  • Telecom, gas, electrical, water distribution companies
  • Success Stories in Urea and Chemicals (compressors and pumps), Mining (haul trucks and shovels)
  • Defense – (frigate diesel engines), and others

Please understand that EXAKT is a sophisticated multi-facetted software package — a system, actually — that requires training and support in its initial stages. To find out how EXAKT may fit into your operation we ask that you contact us. Tell us who you are, your organization and your location. We'll contact the appropriate associate to communicate with you in order to answer address your questions completely.
You will establish no obligation by doing so.