The degradation of metallic industrial assets, equipment, and components costs governments, industries, and citizens billions of dollars a year. Also, the degradation of industrial assets and infrastructure proliferates a myriad of safety problems. AssessLIFE software addresses this strategic deficiency by focusing on forecasting strategies rather than on mitigation strategies in the active battle against industrial asset degradation. By employing tested and proven scientific analytical computations, forecasting, prediction, and analytics, the AssessLIFE software plans to significantly reduce the billions of dollars expended via inspection, treatment, and repair of degradation-prone assets and infrastructure. The AssessLIFE software leverages many scientific studies and research in many fields of engineering. The AssessLIFE software also emphasizes the computerization or automation of the processes of metallic (alloys and welds) degradation mechanisms and parameters using digital techniques.
The AssessLIFE software is a solution platform that analyzes and reveals if industrial physical assets made of metals, alloys, and welds can survive their exposure or ambient conditions. The software also reveals when time-dependent premature failure is likely to occur. The software can generate great financial and safety benefits for all stakeholders. Furthermore, the AssessLIFE software aims to provide asset information for better financial and technical decision-making by managers, engineers, legal teams, insurance teams, fabricators, and inspectors.
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