Asset Lifecycle two

Obsolescence

Most obsolescence issues are experienced with electronic systems, in particular those based on custom low volume products and systems which often make use of commercial, off-the-shelf (COTS) components.

Rapid advances in technology have shortened the lifespan of such components, rendering many obsolete. Most offshore installations now rely on increasingly more complex COTS microelectronics and software for their functionality and maintainability. Consequently, obsolescence issues are affecting almost every electronics system that is maintained over 5 years or more.

Asset Lifecycle two

Asset Lifecycle Management