This online manual explains:
SIS Equipment.
An Equipment (in SIFPro this was called “Tag”) has all the elements of the “Tag” with a similar design, but with some added functionalities. Below the new functionalities are highlighted.
Master Equipment
When an Equipment is connected to a Master Equipment (in SIFpro this was called “Master Tag”) the connected Master Equipment name is shown on the Equipment Details Page. The data (e.g., Failure Rates) from the Master Equipment will be copied to the Equipment. When the IOSG or Equipment Type is changed in the Equipment, the data will automatically reset based on the details of the (new) linked Master Equipment. Most users cannot unlink an Equipment from a Master Equipment, only users with the Global admin Role will be able to unlink the Master Equipment from the Equipment (for them a Link button will show on the Equipment Details Page).

The connected Master Equipment shows on the Equipment Details Page.
Schedules/Test
From the Equipment Details Page, in the Schedule/Test section, Tests can be assigned to Schedules.

Tests can be assigned to Schedules.
Condition History
There is also a Condition History section on the Equipment Details Page that will show the list of all Executed Equipment Condition Histories (ECH’s).
FMEA
The FMEA section has an editable grid. Note: There is thus no need to edit one Failure Mode at a time.

The FMAE section with an editable grid.
Equipment Hierarchy
This section will show the Hierarchy of the Equipment.

The Hierarchy section.
Specs
If there are any Equipment Specifications, we show them in this section.
Attachments
Attachments can be added to the Equipment. They can also easily be annotated. See IMS Details Page.
Merge functionality
A fictional Equipment can be created specifically for a project. When that project is done and the real Equipment is added to IMS, then the project Equipment and the real Equipment can be merged.