Meridium, Stork Asset Management Expand Asset Performance Management (APM) Solutions to Oil & Gas, Chemical and Power Markets

Bundling and implementing best practice APM solutions and asset integrity services improves system availability and total cost effectiveness.

Jul 01, 2015, 06:00 ET from Meridium, Inc.

ROANOKE, Va., July 1, 2015 /PRNewswire/ -- Meridium®, Inc. (www.meridium.com), the global leader in Asset Performance Management (APM) software and services, today announced an expanded partnership with Stork Asset Management Consultancy B.V. Stork became a Meridium Certified Services Provider (MCSP) earlier this year, and now will work with Meridium to support asset owners who embark on a joint asset performance improvement journey. Stork is a leading global provider of knowledge-based asset integrity services focusing on the Oil and Gas, Chemical and Power sectors.

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According to Stork Vice President Consultancy Femke de Jager, "Together, Stork and Meridium are helping customers to reduce risk, assure safety and improve asset performance. With access to Meridium's market-leading APM solutions, we will enhance our customer's profits through innovative services and solutions during the lifecycle of the asset."

Billions are invested globally in the acquisition, operation and maintenance of production assets. A one percent improvement in production performance can be worth hundreds of millions of euros annually. In asset-intensive industries, using APM to manage asset risks improves key operating metrics, asset and system reliability, and productivity and revenues.

"We are pleased to announce this expanded partnership with Stork," said Maher Maamari, Meridium Managing Director EMEA. "Risk management strategies should focus on taking advantage of opportunities and improved ways to approach that challenge. Meridium's solutions and industry knowledge are complemented by Stork Asset Management Consultancy's expertise. By combining our strengths, we provide best APM practices and solutions to our customers."

About Stork

Stork offers services and products associated with maintenance, modifications and assurance of asset integrity (MMI) of production facilities. We are delivering technical support that spans the asset lifecycles of our customers operations. From concept through to execution – Stork aims to reduce risk, assure safety and improve asset performance for our customers to enhance their profits.

With 16,500 employees worldwide (UK & Africa, North and South America, Continental Europe, Middle East, Asia-Pacific), Stork provides innovative solutions and integrated thinking and doing in the areas of asset integrity; maintenance, modifications, consultancy, inspections, repair, renovations, relocations and other related complex projects to the global Oil & Gas, Chemical and Power sectors. For more information, please visit www.stork.com.

About Meridium
Meridium is the global leader in asset performance management (APM) software and services for asset-intensive industries. Meridium increases the availability of assets, improves safety, optimizes cost and lowers risk for our global clients in more than 80 countries with more than 1,200 licensed sites around the world. Through our unique software developed in collaboration with our clients, we predict and prevent asset failures with intelligent asset strategies. Founded in 1993 and headquartered in Roanoke, VA (USA), with offices around the world, Meridium is the pioneer of APM and continues to drive innovation, leveraging the data from sensors, devices, systems and smart equipment to minimize unplanned events, incidents and downtime.

SOURCE Meridium, Inc.



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