We help to reduce costs associated with asset operations, inspections and maintenance. Wood provides data analytics and software design services to asset owners and operators wanting to improve operational and data efficiency, predict operational or safety issues, and drive down costs associated with inspection and maintenance.
AI and advanced analytics
Using the latest AI techniques, we tackle asset, infrastructure and connected-equipment challenges, including:
- Predictive maintenance
- Process, operations and workflow optimisation
- Pattern and anomaly detection
Wood’s analytics teams have developed use cases and tools in collaboration with the best in academic research and the data science industry.
For example, Wood noise.AI automates industrial noise monitoring to reduce false alerts by 95%, allowing operators to increase productivity without risking non-compliance or complaints.
Wood spares.AI optimises maintenance, repair and operations inventory levels to ensure critical asset availability while reducing costs by up to 40%.