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You will receive a link to create a new password via email. May 18 2017- BREAKING NEWS- APT is now officially part of the APM Ecosystem! BREAKING NEWS- APT is now officially part of the APM Ecosystem! Summary CIOs in utilities and other asset-intensive organizations can use this research to support the development of enterprise APM strategies.
APM is a key element of the foundational technology that can help their organizations achieve higher levels of operational reliability, safety and efficiency. As APM solutions mature and cloud deployment increases, asset management will become a more collaborative process. Activities will be shared among asset owners, operators, service providers and OEMs. IT and OT alignment and integration. As the market becomes more defined, vendors seek product differentiation by offering domain expertise and the alternative delivery option of APM as a service. Develop and expand expertise in critical APM technology building blocks by adopting a bimodal approach and leveraging advanced analytics, IoT, algorithms and cloud computing. Use third-party APM services to collect and analyze equipment data and support performance improvements, if internal IT resources are constrained or third-party collaboration is a goal.
Identify possible data sources to support a predictive strategy and determine what data analysis software can maximize your investment in multiple situations by collaborating with your operations team. Determine the pros and cons of outsourcing data analysis core competencies by examining how much of product or domain expertise is unique and, therefore, should be a core competency. Decrease unplanned work, mean time between failures and mean time to repair metrics by working closely with your maintenance and reliability departments. Organizations invest in APM tools and technologies to reduce unplanned repair work, increase asset availability, minimize maintenance costs and reduce the risk of failure for critical assets. APM should not be confused with EAM, although integration between the two is common for triggering work orders in all levels of functional capabilities listed above and some EAM vendors have invested in APM. EAM is designed for maintenance execution.