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Integrated Asset Management Maximising Equipment Uptime

How Lumos 365 helps energy companies extend asset life, reduce downtime, and ensure safe, reliable operations

In the energy and natural resources sector, your assets are your business. Whether it’s drilling equipment, turbines, compressors, or mobile field gear, asset performance directly affects production output, safety, and profitability.

But too often, maintenance is reactive, asset data is scattered, and unplanned downtime disrupts operations. Delays in repair, incomplete inspections, and lack of visibility across sites lead to costly inefficiencies especially in high-risk, high-cost environments.

With Lumos 365, asset management becomes an integrated, proactive function not a costly afterthought.

The Challenge: Disconnected Maintenance Systems and Unplanned Downtime

Many energy companies still rely on spreadsheets, siloed CMMS tools, or manual logs to track asset performance and maintenance. This leads to:

  • Lack of visibility across distributed equipment and locations
  • Inconsistent maintenance schedules and missed preventive checks
  • Poor integration between maintenance, procurement, and finance
  • Increased downtime, safety risks, and unexpected repair costs

 

Without a centralised view of assets and their lifecycle, companies struggle to optimise performance or plan effectively.

The Solution: Proactive, Integrated Maintenance with Lumos 365

Lumos 365 includes powerful asset management and maintenance capabilities, powered by Dynaway and fully embedded into the broader Finance and Operations platform.

This allows energy companies to track, maintain, and optimise physical assets in real time from the same system used for procurement, finance, inventory, and reporting.

Key capabilities include:

  • Asset hierarchy and lifecycle tracking
  • Preventive and predictive maintenance planning
  • Work order creation, scheduling, and mobile execution
  • Integrated spare parts inventory and purchasing
  • Failure tracking, root cause analysis, and cost capture
  • Real-time dashboards for asset health and maintenance KPIs

 

All maintenance activity is tied directly to the financial system so you can see the cost of downtime, plan for capital expenditures, and recover costs through joint ventures or insurance claims where applicable.

From Breakdown to Uptime: Real Results for Energy Operations

Before Lumos 365
After Lumos 365

Siloed CMMS disconnected from finance

Fully integrated asset and finance data

Missed maintenance windows

Automated preventive maintenance

Delayed repairs due to parts unavailability

Linked inventory and purchasing workflows

No cost visibility by asset or site

Real-time cost tracking and asset-level reporting

Limited audit trail

Full traceability and compliance-ready logs

Designed for Asset-Intensive Environments

Whether you operate onshore wells, offshore platforms, wind turbines, or mining fleets, Lumos 365 adapts to the complexity and scale of your asset base. You can:

  • Standardise maintenance practices across regions and asset types
  • Improve technician productivity with mobile-enabled work orders
  • Reduce maintenance backlogs and extend asset life
  • Track total cost of ownership by asset, site, or category
  • Ensure safety, compliance, and operational readiness

 

And because Lumos 365 is cloud-based and modular, it scales effortlessly as your operations grow.

Keeping Operations Running, Safely and Efficiently

Downtime is expensive. Delays are dangerous. Lumos 365 gives you the tools to manage your assets the smart way proactively, efficiently, and in full alignment with your financial goals.

Let Lumos 365 help you unlock better uptime, safer operations, and smarter asset investment.

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