Article by Plant Services: APM 4.0: Aligning Industry 4.0 with Asset Management
The digital transformation journey can be personalized based on each company’s maintenance maturity, by augmenting or improving on technologies such as condition-based monitoring and product inspections rather than replacing them.
In this Plant Services article, learn how APM 4.0 aligns with industry best practices to extend asset life and improve reliability, while meeting companies where they are on their digital transformation journeys.
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The priorities of industrial manufacturers are changing. While minimizing asset downtime and maximizing production and quality remain important, sustainability and operational initiatives are becoming intricate parts of a company’s strategic objectives. Increasingly, they are relying on asset performance management (APM) software to meet the challenges of volatile market demands and supply chain disruptions and optimize overall asset performance.
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The Future of APM 4.0 – Beyond Maintenance to Performance and Sustainability