What is Asset Performance Management (APM)?
This video explores the importance of Asset Performance Management (APM) for organizations. APM is a holistic approach to managing the performance of physical assets and can help maximize their availability, reliability, safety, and efficiency. We'll discuss the critical components of APM, including condition monitoring, predictive maintenance, maintenance optimization, asset performance analytics, and performance management systems.
We'll also look at the benefits of implementing an APM system, such as improved asset reliability, enhanced safety, reduced operating costs, and improved asset utilization. Finally, we'll examine the challenges associated with utilizing APM and how organizations can overcome them.
Whether you're an engineer, manager, or just interested in the subject, this video is a must-watch to learn more about Asset Performance Management.
Read Infraon's bogs on Best Asset Maintenance Software Guide in 2023 and What is An Asset Register, And What Are The Benefits of Maintaining Asset Registers to know more about asset maintenance.
Tags: Asset Performance Management, APM, Asset Maintenance, Performance Management.
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