US industrial facilities have billions invested in physical assets—from process equipment to material handling systems. Asset Performance Management (APM) takes a holistic view of equipment lifecycle, combining condition monitoring, maintenance optimization, and performance analytics. AI-powered APM helps facilities maximize return on asset investments while minimizing total cost of ownership over the equipment lifecycle.
APM Framework
- Health Monitoring: Real-time equipment condition tracking
- Performance Analytics: Efficiency and utilization metrics
- Maintenance Optimization: Right work at right time
- Lifecycle Management: Replace vs. repair decisions
Total Cost of Ownership
APM looks beyond maintenance costs to total cost of ownership—including energy consumption, production losses, and capital replacement timing. AI optimizes across all these factors simultaneously.
AI APM Capabilities
- Equipment health scoring and trending
- Performance degradation prediction
- Optimal maintenance timing
- Replacement timing optimization
- Spare parts inventory alignment
25%Improvement in asset ROI with AI-powered APM
Implementation Benefits
- Reliability: Improved equipment uptime
- Efficiency: Optimized asset performance
- Capital: Better replacement timing decisions
- Costs: Reduced total cost of ownership