Meridium and University of Tennessee Partner to Provide Asset Management Performance Software Lab

ROANOKE, Va., Dec. 13, 2011 /PRNewswire/ -- Meridium, the global leader in asset performance management (APM) software and consulting solutions, announced the launch of a new learning experience for University of Tennessee (UT) College of Engineering students. The Meridium Asset Performance Management Lab™, located in the UT Industrial and Information Engineering (IIE) Department, will offer professors, graduate students, and undergraduates the opportunity for hands-on APM experience using Meridium's state-of-the-art software.

The Meridium Asset Performance Management Lab at UT will be a software-as-a-service (SaaS) access model for usage of Meridium APM software within Meridium's cloud environment. Meridium will also offer open-enrollment training on the Meridium solution to university's IIE faculty and students as part of the agreement.

The University of Tennessee is also home to the Reliability and Maintainability Center (RMC), an industry-supported organization within the College of Engineering, drawing support from a diverse range of companies, organizations and industries, including Meridium customers such as The Dow Chemical Company and DuPont. The RMC bridges industry and academia to provide education, research & development, and information exchange in the application of reliability and maintenance engineering tools and concepts.

The addition of the Meridium Asset Performance Management Lab at UT will help the College of Engineering and the RMC continue to foster a collaborative approach between students and working professionals for industry research and networking, and to help develop technology that can support improvements in plant maintenance worldwide.  

About Meridium                                                                                                   

Meridium Inc. is the global leader in asset performance management solutions for process, power, mining and discrete manufacturing industries. With Meridium software and services, companies will accelerate profitability through effective asset strategies, thus increasing asset reliability and improving the performance of their production assets. Developing or improving these asset strategies also has a direct, positive impact on operational excellence by reducing financial, health and safety, and production risk; optimizing maintenance costs; ensuring regulatory compliance and decreasing the potential for undesirable incidents. Industry leaders such as Eastman Chemical, Marathon Oil, Anglo Platinum, and Xcel Energy rely on Meridium for enterprise wide asset performance. Meridium is headquartered in Roanoke, VA, USA, with regional offices in Houston, TX, USA; Dubai, UAE; Bangalore, India; Ricasoli, Malta; and Perth, Australia. www.meridium.com.

SOURCE Meridium

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