Maximizing asset performance and asset reliability directly influence output levels, time to market, energy efficiency, and, as a result, revenue targets. Asset Performance Management (APM) is, therefore, recognized more and more as a company-wide performance driver as it can significantly contribute to lowering the bottom line.
APM consists of three important dimensions: management, maintenance execution, and productivity or asset reliability. Connecting these cycles enables you to influence and improve asset performance and realize business targets. In this article, we focus on the APM management challenges that our asset management experts encounter at asset-centric clients.