IDCON INC, a Reliability and Maintenance Management Consulting Firm Acquired by TRM
As of November 23, 2021, IDCON INC is wholly-owned by Total Resource Management (TRM) Alexandria, VA (trmnet.com).
After 49 years in business, 1972 to 1985 in Sweden as Idhammar Konsult AB, and since1985 here in the USA as IDCON INC., we are excited to join TRM. IDCON is now a wholly-owned independent subsidiary of TRM. To learn more about IDCON’s history, Christer Idhammar’s book “Knocking Bolts” is an in-depth look.
The acquisition constitutes a fusion of IDCON’s reliability and maintenance management domain expertise with TRM’s technology expertise. The two companies will deliver a broad portfolio of reliability and asset management solutions ranging from maintenance management and reliability best practice consulting to AI-powered maintenance and reliability solutions. It also expands the reach of TRM offerings into international markets through IDCON’s affiliates in Asia, Europe, South America, and Australia.
IDCON operations will continue as usual with Tor Idhammar as President and CEO, Owe Forsberg as Vice President, and Christer Idhammar, founder, working part-time. The great IDCON team (Employees, Associates, and Alliances) will stay in place as is. There will be no disruption to clients, the company says in a statement.
No major changes are anticipated other than some new and exciting opportunities for IDCON and TRM clients, IDCON adds. TRM will bring background support for IDCON and the ability to develop new products and services in the hinterland of managing people, cutting edge CMMS design/implementation, and machine learning (A.I).
They will support IDCON as a separate entity under our current name, culture, and image.
- We are very excited to welcome the IDCON team. They are truly leaders in reliability and maintenance management consulting around the world. The combination of forces will enable us to deliver superior end-to-end asset performance solutions to our clients, said Don Omura, CEO of Total Resource Management.
About Total Resource Management, Inc.
As a leading EAM provider, Total Resource Management improves asset and operational performance for asset-intensive organizations worldwide by delivering cloud-based solutions embedded with industry best practices and advanced asset management capabilities.
TRM specializes in Enterprise Asset Management and Industrial IOT technology for organizations in the energy, utilities, transportation, manufacturing, and government sectors. IDCON provides hands-on maintenance and reliability management consulting, coaching, and training across five continents.
To learn more about IDCON’s history, Christer Idhammar’s book “Knocking Bolts” is an in-depth look.
It is estimated that 60-80% of bearing failures are related to lubrication. Bearing failures very often lead to unplanned downtime, which often has a significant impact on production and related equipment. This downtime is maby times very costly. Although the costs vary according to the severity of the incident and the industry in question, they do add up to production costs.
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