Fixed equipment failures represent the majority of failures in many asset intensive industries. These failures not only cause lost production, but represent significant business risk to the organization. Integrating all the pertinent data that influences mechanical integrity decisions drives better decisions as to when to inspect certain equipment and what type of inspections to perform - optimizing the costs at a given risk level and the scope for major plant shutdowns. The Meridium Mechanical Integrity solution - comprised of a proven work process enabled by our Risk Based Inspection, Inspection Management, and Thickness Monitoring software - ensures that customers' inspection programs align with industry and local requirements. Users can also easily adjust asset management policies to their specific regulatory needs or make them dynamic for plant conditions through our OPC and condition monitoring integration – delivering true living strategies.