Asset Performance Management

Asset Performance Management

Higher reliability, availability and quality are the goal of any manufacturer. Majority of companies still follow reactive maintenance plans that put operations, financially and physically, at risk. The system must operate reliably without compromising health and safety standards, and must comply with both industry and environmental regulations. APM allows you to analyze historical and real-time operational data to improve asset performance, reduce costs, and support mission-critical decision making in core business operations. By integrating APM into your inspection and maintenance plans, you can reduce operational risks and improve reliability, efficiency, and availability overall.

Asset Performance Management Architecture

Asset Performance Management

Switching to Asset Performance Management (APM) is the sought after strategy for a productivity surge. APM improves asset availability and reliability by synchronizing asset lifecycle management functions such as maintenance, inspections, and information management. It offers digital job cards and work orders, making it simpler than ever to keep track of technicians and their schedules. It organises and allocates resources in a way that advances the strategic objectives of a business. 

Invest in APM solution to: 

  • Get a comprehensive view of production, asset performance, and product quality. 
  • Know what is happening with the processes, get real-time alerts, track historical data and give actionable recommendations. 
  • Improve overall reliability, efficiency, and availability by optimized inspection and maintenance plans to mitigate operational risks. 

What CONSYST can Offer? 

  • Digital Asset Monitoring Systems, providing a unified view of asset health—anytime and anywhere. 
  • Asset Information Visualization, using advanced analytics models to predict equipment failures before they occur 
  • Digital Asset Performance Management Services. 
Monitor

Maintain critical assets and systems and reduce unplanned downtime by monitoring them and protecting them from emerging threats.

Optimize Productivity

Prioritize maintenance based on criticality and cost (condition-based), rather than schedule-based maintenance methods, to increase labour productivity. 

Manage Risk

Reduce asset-related mishaps and unscheduled downtime to protect employee health and safety, the environment, and company objectives. 

Predictive Maintenance

By spotting problems early, you can turn unplanned downtime into planned/scheduled downtime, saving money on emergency repairs. 

Faster time-to-value

A standardised means to connect machines, data, and people through a common interface for a better user experience, dynamic scalability, and extensibility as business needs change.