Baker Hughes announced on February 20, 2025, the general availability of the latest version of Cordant™ Asset Performance Management (APM), further advancing the digital transformation of asset management for energy and industrial customers. The company reported a five-fold increase in Cordant™ APM deployments since the start of 2024.
Cordant™ APM has been deployed by major national and international oil companies, as well as leading industrial firms in chemicals and fertilizers, delivering measurable results such as improved reliability, reduced maintenance costs, and safer, more sustainable operations. For example, a global petrochemical player is targeting a $50 million reduction in maintenance costs.
The latest release includes new capabilities for enhanced resource productivity through hybrid AI and physics-based analytics, improved operational efficiency and sustainability, comprehensive risk management, better maintenance spend visibility, and enhanced notification and action management. These advancements support customers in achieving greater operational excellence and sustainability.
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