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Asset-intensive companies demand predictable production at the lowest sustainable cost, starting with a clear picture of an enterprise’s overall asset health.   Using intelligent asset strategies, Meridium’s Asset Performance Management (APM) software and solutions can help your organization reduce operating risk and improve reliability by predicting and preventing asset failures. 

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100% ROI: The First 9 Months of a Meridium Implementation
04/23/15
Richard Peters, Joy Global
Abstract 

Joy Global is in a unique situation as an original equipment manufacturer that interacts directly with our end user owner-operators to customize and optimize machine performance.  Joy Global has captured value by using Meridium to perform reliability analysis to determine failure rates and optimizing component change out frequencies.  Joy Global’s leadership team tasked the Meridium implementation group to identify 100% ROI within the first 12 months of the implementation.  By implementing optimized strategies on just two parts groups, the project team was able to exceed its ROI within the first 9 months.