Data Analysis

ReliaRisk uses statistical software to capture and summarize data numerically and visually. With our strong background in data analysis, we help you better understand the natural phenomena of your field data and make successful data-based decisions. 

Manage your need to measure. That’s a well-known management principle that emphasizes the importance of selecting the best tools and methodology for collecting and evaluating data in a timely matter. Managing a product reliability or maintainability program is no different. 

After investing time and resources to obtain product quality and reliability data, it is essential to perform an effective analysis to derive useful information from the data. The better the analysis, the better organizations are in placing resources on those areas that bring higher return. Organizations around the world are turning to ReliaRisk to conduct thorough data analysis that is presented in an easy-to-understand format. 

ReliaRisk understands the principles of performance evaluation and prediction to improve product/system safety, reliability and maintainability. This Body of Knowledge and applied technologies include numerical prediction methods, failure mechanisms, field failure analysis and much more. Our understanding of numerical modeling limitations and how they relate to physical failure modes enables ReiliaRisk engineers to determine the best approach for your data analysis needs. And our ability to develop and understand failure analysis ensures performance improvement over the entire product life cycle.

Service Features and Benefits

• Quickly discover design and process flaws before release to manufacturing, while evaluating and improving design margins to reduce development time and cost

• Accurately estimate system availabilities and maintenance schedules from field and test data to reduce field failures and system downtimes
• Forecast system and component failures and returns to reduce costs through better warranty modeling and spare part inventory management; aid in developing and implementing a Failure Reporting Analysis and Corrective Action System to capture field data, assist with problem resolution and drive improvements in future designs
• Achieve a reputation for high system reliability, safety and availability, particularly in industries in which competition is high and room for error is nonexistent 

SERVICES AVAILABLE

• Life Data and Warranty Analysis
• Reliability Based Asset Management
• Life Cycle Cost Analysis
• Prognostic Health Management
• Condition Based Management
• Design of Experiments
• Reliability Block Diagram
• Failure Tree Analysis
• Reliability Growth Analysis

From Data to Wisdom!