Asset Performance Management (APM)

What is Asset Performance Management?

Asset Performance Management (APM) encompasses strategies and technologies to optimize the performance, reliability, and lifespan of production assets through data analytics and predictive maintenance.

Why is it important?

• Longevity: Extended asset lifespan.

• Cost savings: Reduced downtime and maintenance costs.

• Transparency: Real-time insights into asset conditions.

Applications

APM is used in the chemical, energy, and manufacturing industries to maximize asset availability.