Asset performance management System

Fortunately, asset performance management (APM) is a proven approach to reduce unplanned downtime, decrease maintenance costs, and reduce EH&S risks. Implementing an effective APM strategy is more than installing a series of sensors or point solutions that monitor and track your systems and assets—APM is an integrated, connected enterprise solution that enables asset-intensive organizations to drive safer, more reliable operations while facilitating optimal performance at a lower sustainable cost.

 Asset Strategy Management

ASM is a best practice approach to managing your asset reliability strategies, organisation-wide. Enabled by people, technology and data, ASM connects physical assets and independent plants and sites to a central system which allows you to effectively develop, implement, maintain and optimise asset strategies.

Implementing an ASM program ensures that reliability strategies are optimised to deliver the best balance of risk, cost and performance. It also ensures strategies are continually evolved based on real data, appropriate analysis and justification, and an effective review and approval process. ASM is a best practice approach to managing your asset reliability strategies, organisation-wide. Enabled by people, technology and data, ASM connects physical assets and independent plants and sites to a central system which allows you to effectively develop, implement, maintain and optimise asset strategies.

Implementing an ASM program ensures that reliability strategies are optimised to deliver the best balance of risk, cost and performance. It also ensures strategies are continually evolved based on real data, appropriate analysis and justification, and an effective review and approval process.

Key components of an asset performance management solution

Effective APM is driven by analytics and rooted in integrated business work processes. It contextualise data to create actionable information by looking across multiple sites to find patterns and opportunities for improvements. APM uses data management, pattern recognition, predictive analytics, artificial intelligence, and machine learning to make asset- centric organisations more productive, improving asset reliability while reducing operational costs and risks. Imagine getting ahead of failure and unifying the enterprise through data intelligence and visibility. 

Bottom line: APM is more than technology. 

It’s a unified strategy that assists people, processes, and systems to work together toward sustained operational excellence. It’s no simple task to achieve, but we’ve seen customers drive transnational value when they’re able to adopt simplified, automated, and structured processes built to leverage the power of the Industrial Internet.