What is Quantitative Reliability Optimization (QRO)?
Quantitative Reliability Optimization (QRO) empowers leaders at industrial facilities to make better reliability decisions. QRO is an evolution in modeling that combines the best traditional reliability methods, multi-variant machine learning, and subject matter expertise into a hybrid model. This model combines the risk assessments of both fixed and non-fixed assets, enabling leaders with the information they need to maximize facility reliability and performance. Just as RBI and RCM were major advancements for reliability, QRO is the next advancement of reliability modeling. QRO will enable you to better leverage your data to drive your decisions by helping you determine your facility’s current performance, identify your facility’s highest risks, and pinpoint major cost drivers.