Lloyd’s Register acquires RTAMO Ltd to provide data-driven solutions for reducing maintenance costs

Lloyd’s Register (LR) has acquired RTAMO Ltd, a software enabled consultancy based in Aberdeen which provides data-driven solutions designed to reduce maintenance costs for asset owners. Murray Douglas, Lloyd’s Register’s strategic project director said, “At this critical economic time of low oil prices, asset owners are seeking better ways to maximize value. RTAMO (real time adaptive maintenance optimization) enables this to be done safely and sustainably by enabling asset owners and operators to tailor their maintenance strategy and preventive maintenance plans to suit their specific commercial needs.” More »