Users of AP-Networks’ online Turnaround Network portal can now receive performance benchmarks in real time.

Bethesda, MD, October 13, 2017 – Asset Performance Networks (AP-Networks) has released a major update to the Turnaround Network (TAN) that adds real-time benchmarking capability to the industry-renowned software suite. Users can now input information on the scope of a particular turnaround directly into TAN, and the system will return a series of benchmarks comparing costs, labor hours, and peak labor against industry. The benchmarks are calculated using the AP-Networks Turnaround Database, which contains observations from more than 1,650 turnarounds, along with statistical models that normalize for turnaround complexity, scope, and location. Licensed TAN users looking to activate this feature at their site should contact support@ap-networks.com.

“TAN is the only system that provides these benchmarks,” says Nathan Centofanti, Manager of Benchmarking and Data Services at AP-Networks. “This is the first step in providing increasingly more detailed benchmarks for turnarounds. These benchmarks can be used for checking estimates  and ensuring targets are achievable.”

The Turnaround Network, found at www.Turnaround-Network.com, is the world’s most innovative software toolset for turnaround planning and execution. The web-based portal is home to proprietary AP-Networks software tools that have become a standard part of how Fortune Global 100 energy and petrochemical companies plan and execute turnarounds. The ever-evolving toolset places the unrivaled turnaround expertise of AP-Networks on the desktop of every turnaround professional across the enterprise.

Earlier this year, the Turnaround Network propelled AP-Networks onto the list of the 20 Most Promising Oil and Gas Technology Solutions Providers of 2017. The list appeared in enterprise solutions publication CIO Review, with AP-Networks Managing Directors George DeBakey and Brett Schroeder featured on the cover of the magazine’s Oil and Gas Special. The list featured the “20 companies that are at the forefront of providing technology solutions for the oil & gas industry and impacting the

 

About Asset Performance Networks

AP-Networks is the indispensable trusted partner to global petroleum, chemical, and energy companies that aim to optimize their assets’ performance and maximize operational efficiency. Our company achieves its mission by infusing strategic innovation, proven expertise, actionable insights, and unparalleled businesses intelligence analytics into a unique, winning formula for success. We leverage our databases, benchmarks, Software as a Service (SaaS) engines, and our industry-recognized consulting expertise to ensure that our clients mitigate, manage, and control high-risk events. Ultimately, our clients Aim Higher to realize superior business outcomes, and Aim Smarter to drive breakthrough performance in capital projects and plant turnarounds. For more information, visit AP-Networks.com.

 

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