Asset integrity management (AIM) is the foundation of safe, sustainable, and cost-effective operations across critical industries, including oil and gas, petrochemicals, power, and infrastructure. Effective asset management ensures that your physical assets, including pipelines, pressure vessels, refineries, and offshore assets, perform efficiently and safely throughout their entire lifecycle.

It is crucial to strategize and implement asset integrity management, emphasizing its importance. This concise guide from Velosi, a global leader in digital Asset integrity management solutions, will navigate the concept of Asset Integrity Management and the criticality of protecting your assets, reducing failures, overhead costs, and meeting regulatory expectations in a constantly evolving industrial landscape.

What Is Asset Integrity Management?

Asset Integrity Management (AIM) is the systematic approach to ensuring that industrial assets perform safely, reliably, and efficiently throughout their operational lifecycle. Sets forth implications that minimize risk, optimize cost, and prevent potential failures.

Asset integrity management is a structured, lifecycle-based approach to ensuring the continued safety, reliability, and performance of industrial assets. It includes:

• Condition monitoring and predictive maintenance
• Risk-Based Inspection (RBI)
• Reliability-Centered Maintenance (RCM)
• Reliability, Availability, and Maintainability (RAM)
• Fitness-for-Service (FFS) assessments
• Corrosion monitoring and control
• Non-Destructive Testing (NDT)
• Asset lifecycle planning and optimization

This methodology sets forth proactive strategies to prevent asset failure, extend operational life, minimize unplanned downtime, and ensure compliance with local and international standards.

Industry-Leading Asset Integrity Management Services at Velosi

Velosi’s Asset Integrity Management System (AIMS) services deliver comprehensive, end-to-end integrity solutions tailored for the oil & gas, petrochemical, power, and infrastructure sectors. Asset Integrity Management Services utilizes the AI-powered digital twin concept, data-first workflows, and scalable solutions, it is customized and aligned with international standards. It helps clients prioritize maintenance, minimize downtime, and reduce lifecycle costs.

Velosi’s AIMS includes the following core services:

1. Risk-Based Inspection (RBI)

Data-driven inspection planning that quantifies failure probability and consequence, enabling optimized inspection intervals and reduced unplanned shutdowns. Compliance with industry guidelines following API 580, 581, and API 571.

VAIL-Plant Module – Pressurized Equipment Management System (PEMS Software)

VAIL-Plant® Module – Pipeline Integrity Management System Onshore (PIMSON)

VAIL-Plant® Module – Pipeline Integrity Management System (PIMS Offshore)

2. Pipeline Integrity Management System (PIMS)

Inline inspections (ILI), CIP/DCVG cathodic protection surveys, and advanced defect assessment, ensuring regulatory compliance and pipeline reliability. Compliance with API 1160 and ASME B31.8S standards to ensure standardized inspections.

VAIL-Plant® Module – Pipeline Integrity Management System Onshore (PIMSON)

VAIL-Plant® Module – Pipeline Integrity Management System (PIMS Offshore)

3. Structural Integrity Management System (SIMS)

Structural health assessments, finite-element analysis, and life-extension modeling for offshore platforms and onshore support structures. Compliance with international codes, such as ISO 19900, ISO 19902, ISO 19904, and API RP 2 SIM, to ensure the sustainable integrity of onshore and offshore structures.

VAIL-Plant ® Module – Structural Integrity Management System (SIMS)

4. Pressurized Equipment Management System (PEMS)

Preventive strategies for boilers, pressure vessels, and heat exchangers covering thickness monitoring, creep and fatigue control, and API/ASME compliance.

VAIL-Plant® Module – Pressurized Equipment Management System (PEMS Software)

5. Wellhead Integrity Management System (WHIMS)

Applies FMECA-based (Failure Mode Effects and Criticality Analysis) RBI methodology for wellhead integrity assessment. Follows fully compliance with industry standards such as BS EN 60812, IEC 60812, OREDA, API 6A, API 14B, API 14C, API 7L, API RP 57, and ISO TS 116530-2 for efficient preventive maintenance strategies.

VAIL-Plant® Module – Wellhead Integrity Management System (WHIMS)

6. Functional Safety: SIL Studies & FMECA

Safety integrity verification through structured failure-mode and effects analysis, meeting IEC and API requirements. Full compliance with global standards – IEC-61508, IEC-61511, and ISA TR 84.00.02 to ensure safe and reliable plant operations.

7. Reliability-Centered Maintenance (RCM)

Functional failure-mode analysis guides proactive maintenance to maximize uptime and asset reliability. Utilizes the industry’s best practices following BS EN IEC 60812, SAE JA1011, SAE JA 1012, ISO-14224, and OREDA for better optimization and cost-effective solutions.

VAIL-Plant® Module – Electrical, Instrumentation & Rotary Management System (EIRMS)

8. Reliability, Availability, and Maintainability (RAM)

Systematically manages all assets running the system with minimum cost and maximum efficiency, influencing the sustained/total lifecycle cost (LLC). Following international standards, such as OREDA, ISO-14224, BS-5760, BS-EN 61703, and BS 4778-3. We are also utilizing our RAM Analysis/ Modelling Software or Tool.

9. Condition-Based Monitoring (CBM) & Condition Assessment Studies (CAS)

Real-time analytics and expert evaluations detect anomalies, enabling predictive maintenance and cost efficiency.

10. Corrosion Management Plan (CMP) & Corrosion Risk Assessment Study (CRAS)

Baseline corrosion surveys, loop-risk analysis, mitigation strategies, and continuous corrosion tracking. Comprised of Customization of Damage Mechanism Narratives, Plant Integrity Operating Windows (IOWs), Dashboard, KPIs, and Corrosion Management Strategies.

11. Fitness-for-Service (FFS) & Asset Life Extension (ALE)

API 579-compliant assessments and Remaining Life Evaluations to safely extend asset operating lives. Guiding asset care to ensure effective management practices.

12. ISO 55001 Asset Management Systems

Governance and performance alignment with international asset management standards for improved lifecycle control. Optimized asset management through ISO 55001:2014 for significant cost reductions and enhanced financial performance.

13. Inspection Scheduling Management System (ISMS) & CMMS/APMS Integration

Streamlined inspection and maintenance scheduling connected to ERP, CMMS, and data ecosystems.

14. Training & Technical Support

Certified courses and expert-led training in RBI, RCM, NDT, and AIM best practices reinforce organizational capability.

Why Is Asset Integrity Management Important?

Without robust AIM strategies, organizations risk:

• Safety hazards and catastrophic failures
• Costly production stoppages
• Environmental damage and penalties
• Non-compliance with safety regulations
• Increased operational expenditures due to reactive maintenance

Asset Integrity Management and Sustainability: Reducing Risk & Environmental Impact

Velosi stands at the forefront of global asset integrity management, combining deep engineering expertise with advanced digital solutions. VAIL-Plant® software enables real-time risk-based inspections, predictive analytics, and centralized integrity data tracking, empowering clients to make smarter, data-driven decisions, optimize inspection planning, and extend asset life across leading industries.

Complementing the software, Velosi’s comprehensive Asset Integrity Management Services (AIMS) span the entire asset lifecycle from design verification and QA/QC during construction to advanced in-service inspections, corrosion assessments, and fitness-for-service evaluations for aging assets.

Fully aligned with international standards such as API 580/581, API 579, and ISO 55000, Velosi ensures regulatory compliance while helping clients achieve operational excellence and reduce risks in complex, high-stakes environments.

Velosi’s Asset Integrity Management Services align closely with the ESG (Environmental, Social, Governance) initiative, helping clients meet both operational and environmental performance targets.

By adopting digital asset integrity management solutions, organizations not only improve safety and reliability but also support sustainability goals:

• Less material waste through condition-based maintenance
• Lower emissions from optimized asset performance
• Energy efficiency by extending asset life
• Reduction in emergency shutdowns and leaks

Why Choose Velosi for Asset Integrity Management?

With 43+ years of global experience, Velosi has earned the trust of leading organizations by delivering measurable value through its certified expertise, sector-specific knowledge, and powerful digital tools like the VAIL-Plant® software. Our solutions are built to prevent failures, reduce risk, and drive long-term cost efficiency, while maintaining full compliance with international asset integrity standards.

If you’re ready to optimize your operations, reduce risk, and drive asset performance, Velosi is your trusted partner.

Connect with Velosi for tailored asset integrity management solutions systematically structured to help you:

• Achieve operational excellence
• Meet compliance standards
• Extend asset life
• Transition to digital asset integrity platforms

 

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