What is Asset Performance Management?Asset performance management (APM) software monitors assets to identify, diagnose, and prioritize impending equipment problems – continuously and in real time. APM empowers organizations to reduce unscheduled downtime, prevent equipment failure, and reduce maintenance costs while increasing asset utilization, extending equipment life, and identifying underperforming assets. Get Datasheet |
| Benefits of asset performance management software Transform assets from cost centers into revenue drivers. |
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| Digital asset management for connected teams | Smarter operations with AI & machine learning | Balance risk, cost, and performance | Solve production challenges |
| Prioritize, predict, schedule, and execute safe, compliant work. Digitalize work processes with AI and mobility. | Use predictive and prescriptive analytics to make your operations predictable and more efficient, on-premises, or in the cloud. | Prioritize assets to business goals and sustainability KPIs. Optimize maintenance strategies. Maximize return on asset investment. | Optimize processes that reduce waste, increase quality, improve energy efficiency, optimize throughput, reduce downtime, and predict asset life. |
| 99% | $17.4M | 10% | 4.6% |
| Plant reliability obtained at SCG Chemicals | Annual savings at PETRONAS | Material savings at Nestle | Reduction in energy consumption at Acciona |
| Read Success Story | Read Success Story | Read Success Story | Read Success Story |
Transform your asset management with AVEVA APM solutions
Contact us today to reduce downtime, cut maintenance costs, and enhance performanceEnterprise APM offers the broadest and most comprehensive platform with proven technology and industry expertise to optimize asset performance
Features
Digital asset management for connected teams
Put the power of AI and machine learning in your hands
Balance risk, cost and performance with the right asset strategy
Address common operational challenges
Put the power of AI and machine learning in your hands
Balance risk, cost and performance with the right asset strategy
Address common operational challenges
3 Main Dimensions
- Business context
The overall set of fundamental business conditions that determine the absolute value direction and potential that can be gained through Asset Performance Management - Maintenance and operations maturity
The overall maturity profile, being the sum of People, Processes, Systems, Data and Culture that determine the overall capability, organizational agility and improvement potential - Asset condition
The condition of the entire Asset Portfolio that eventually determines the absolute Performance Level that can be achieved throughout the APM capability and the financial budgets that will be required to utilize the improvement potential
Key Factors
Business Economics for APM
Company objectives -> asset performance
Regulatory requirements
Context of the organization
Assets and asset conditions
Supply chain dynamics
Budgets & spends
o
Digital asset management for connected teams
Prioritize, plan, schedule, and execute safe, compliant work. Digitalize work processes with extended reality and mobility.
o
Put the power of AI and machine learning in your hands
Use predictive and prescriptive analytics to make your operations faster and more efficient on-premises or in the cloud.
o
Balance risk, cost and performance with the right asset strategy
Prioritize assets. Optimize maintenance strategies. Maximize return on asset investment.
o
Address common operational challenges
Optimize processes that reduce waste, increase quality, improve energy efficiency, optimize throughput, reduce downtime, and predict asset life.