K2 Technology - Asset Management Services for the Resource Industries

K2 Technology is an enterprise asset management services provider for resource industries, particularly those within the mining, offshore and engineering sectors.

With offices in Perth and Brisbane and an increasing presence in the South-East Asia market, K2 Technology is fast becoming a leading management solution for an increasing number of clients worldwide.

Maintenance and reliability management

K2 assists clients with accurate and efficient maintenance and reliability management services, including all stages of computerised maintenance management systems (CMMS) configuration. The company can also advise on development and implementation of maintenance strategies, OEM recommendations and statutory requirements.

To keep on top of performance and identify problems, K2 can provide maintenance performance reviews to give clients an accurate overview of operations, predict trends and help with cost-analysis.

The company can also carry out development and monitoring of the change management process for modifications to the CMMS before, during or after project start up.

Supply chain management

K2's supply chain team can provide customised management solutions, focusing on the specific requirements of your organisation.

By conducting detailed inventory analysis, K2 can advise on optimal stocking levels, categorisation of spares and duplicate items, resulting in more accurate materials agreements and fewer spares.

Operations and engineering support

K2's training and assessment team develop training programmes and competency-based training and assessment (CBTA) systems for improving operating procedures, administration, safety and planning. The team also offer assistance with computerised permitting systems.

K2 also employs highly-specialised and experienced personnel to provide support with shutdown implementation, commissioning and decommissioning and shutdown management, all significant maintenance expenditures which require systematic planning and execution.

The company's engineering team can advise with all project stages including planning and management, asset maintenance and inspection, and can also offer support with specific instrumentation, and electrical and mechanical equipment.

K2 is currently working towards Registered Training Organisation status in order to provide a total training, assessment and accreditation service.

Governance and integrity management

Changes in management systems require consistency to ensure that no data gets lost or misplaced, and that important analysis remains accessible.

K2's governance and integrity management solutions ensure that standardised methods and procedures are carried out, guarantee technical integrity and assist with appropriate government documentation.

Asset data analysis and management system (ADAM)

K2's asset data analysis and management system (ADAM) is an advanced software system for data capture and analysis, enabling management, review and verification of data from a single source. ADAM catalogues spare parts information, organises spares requirements and assists with equipment specification, making it clear for end users to see identification records for operational and insurance purposes.

Clients can add their own parameters for parts review, and can load parts information from existing data. Clients can set specific parameters and can record information such as:

• Equipment hierarchy
• Manufacturer and model
• Equipment design/nameplate data
• Verification information
• RBI/SIL and other maintenance build data
• Maintenance procedures
• Bills of materials (BoM)
• Spares inventory requirements

ADAM is able to carry out a spare parts review using existing catalogue sources and use it to calculate BoMs, which can then be verified for each piece of equipment.

Developed using Microsoft.net technology the system is easy for clients to access online from any part of the world at any time, and provides data files in a compatible format for upload to the clients' own asset management systems.

The password-blocked ADAM site is completely secure, as without a copy of the proprietary software the database cannot be accessed. Each layer of the ADAM software's three-tier technology is filtered for communications, and both software systems needed to access the database will employ their own security measures.