Bentley Adds Process Safety and Risk Management Capabilities to AssetWise APM

Bentley Systems, Inc. has announced the immediate availability of AssetWise APM V7.3. This enhanced version of Bentley’s asset performance management (APM) offering—an all-in-one analysis and information management software platform for asset reliability and asset integrity—now also advances process safety.

AssetWise APM V7.3 is said to meet the demanding requirements of reliability, integrity, safety, and maintenance managers and engineers in industries ranging from oil and gas, petrochemical, and mining and metals to power generation and other utilities. The software ensures assets are safe and reliable and that they are inspected and maintained to reduce or eliminate risk.

Users further benefit from the elimination of unexpected downtime, increased asset availability and utilization, reduced maintenance costs, and support for regulations and safety standards, including ISA 84, IEC 61511, IEC 61508, and IEC 61882.

AssetWise APM V7.3’s new process safety features help users manage the integrity of safety systems and hazardous processes, thereby preventing failures and catastrophic incidents and keeping people, assets, and the environment safer. Capabilities include safety instrumented function (SIF) analysis, safety instrumented systems (SIS), safety integrity level (SIL) and safety provisions, overrides, and incidents. AssetWise APM V7.3 also provides version control and approval, the analysis of loss of containment scenarios, and the identification and assessment of risks at the system level, as well as for related assets (risk matrix).