Optimal supports organisations in implementing ISO14224, the international standard for reliability and maintenance data collection and exchange.
ISO14224 provides a structured methodology for capturing failure data, maintenance activities, and equipment performance information. When properly implemented, it enables:
- Accurate reliability analysis
- Improved failure trend identification
- Enhanced Predictive and Prescriptive Maintenance
- Data-driven asset performance optimisation
- Evidence-based maintenance strategy development
Our ISO14224 Services
We provide:
- Gap assessments against ISO14224 requirements
- Failure code standardisation
- Data taxonomy and hierarchy development
- CMMS / EAM data restructuring
- Reliability data cleansing
- KPI alignment and performance dashboards
- Governance and data quality frameworks
We ensure your maintenance data supports actionable insights, not just compliance.
From Data to Asset Performance – ISO14224
ISO14224 implementation directly strengthens:
- Asset Reliability programmes
- Asset Integrity management
- Spares Optimisation modelling
- Risk-Based Maintenance
- Predictive and Prescriptive Maintenance strategies
When reliability data is structured correctly, organisations can move from reactive maintenance to proactive performance management.
Integrated with ISO55001 Asset Management Systems
ISO14224 data governance supports broader ISO55001 Asset Management Systems, providing traceability, performance measurement and auditable decision-making.
Optimal ensures data standards, maintenance strategy and asset management governance operate as one integrated system.
Frequently Asked Questions
What is ISO14224?
ISO14224 is the international standard for reliability and maintenance data collection and exchange, providing a structured taxonomy for failure, maintenance and equipment performance information.
Why is ISO14224 important for asset reliability?
ISO14224 improves the accuracy and consistency of reliability data, enabling meaningful analysis such as mean time between failures (MTBF), failure mode categorisation and trend forecasting.
How does ISO14224 improve maintenance decision-making?
By standardising data, ISO14224 enables organisations to identify common failure patterns, prioritise corrective actions and support predictive maintenance strategies.
What types of data are included under ISO14224?
ISO14224 covers failure codes, maintenance tasks, equipment performance, operational context and metadata required for consistent and useful analytics.
How does this integrate with CMMS/EAM systems?
Optimal helps align CMMS/EAM data structures to ISO14224 taxonomies, ensuring failure records, work orders and performance data are classification-aligned for better analytics.
Get in Touch
Curious how this service applies to your business? Contact us at enquiries@optimal.world | www.optimal.world
Home | Case Studies | About Us | Blogs | What We Do
