HOUSTON, Aug. 31, 2016 /PRNewswire/ -- With oil cheaper now than any time since 2003, industry leaders recognize that success in this environment demands better use of data, analytics and smart tools to improve workplace productivity. "Information made available in a digital format provides easier access and use of that information," said Lynne Kaley, founder of Trinity Bridge, the risk assessment consulting company, and Trinity Bridge Digital, which develops new online technologies.
MTech, Trinity Bridge Digital's new software app, uses patent-pending technology to put industry codes, calculations and expert advice into a smart tool for IOS and Android devices, enabling users to evaluate potential causes of unexpected damage and streamline communications with materials specialists. By providing immediate access to useful information from industry best practices, inspectors and engineers can more easily identify damage and strategies for mitigating risk in real-time, during the work process. Users can easily research answers during turnarounds, field evaluations, RBI reviews and other meeting assessments that would otherwise require resolution at a later date.
MTech technology simplifies the process of damage screening by asking a set of questions that define the likely damage mechanisms. Once the damage is identified, the technology calculates probable corrosion rates and damage susceptibilities according to industry codes and standards. The user's conclusions are confirmed through a Damage Library that includes extensive reference information and photos of the most common damage types. Inspection and monitoring recommendations for each damage type are included.
"Better access to data results in better decision-making," said Ms. Kaley. "MTech's extensive reference information and calculators enable less experienced personnel to perform routine evaluations without the immediate help of a materials engineer, which frees up more experienced people to spend time solving complex and potentially more dangerous issues."
The oil & gas industry is facing a talent shortage in the next decade, as about 50% of the industry's employee base will be retiring. "New digital technologies can make up the skills gap by transferring technology and best practices to a new generation," said Kathy Powers, co-founder of Trinity Bridge Digital. "MTech is first in a series of planned tools to attract a younger workforce and educate users through repetition of use. There's a lot of real-world experience programmed into it."
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SOURCE Trinity Bridge Digital