Deloitte's acquisition of the Canada-based asset reliability engineering firm, Asset Performance Group (APG), is indicative of an emerging trend of management consulting firms beefing up their asset-intensive operational excellence consulting bona fides. But effectively integrating and deploying these specialized technical capabilities alongside management consulting takes a thoughtful approach.
Deloitte recently announced its acquisition of the Canada-based asset reliability engineering firm, Asset Performance Group (APG). APG is one of a number of specialist engineering consultancies that focuses on helping clients in asset-intensive sectors such as oil and gas to deploy reliability and maintenance techniques to improve asset availability, optimize maintenance expense, and minimize safety risks. The end-game for providers like APG is to shift companies away from the traditional run-to-failure operating mode towards a more balanced mix of corrective, preventative, and condition-based maintenance. Underlying this approach is the imperative to bring together the often siloed engineering and maintenance functions to optimize asset performance and reliability over the full lifecycle from design and build through decommissioning.