The development of the Industrial Internet of Things (IIoT), Big Data and the associated predictive analytics in the manufacturing and asset intensive industrial sectors has driven the use of the term Asset Performance Management.
Asset Performance Management (APM) is a proven approach to reduce unplanned downtime, decrease maintenance costs and reduce environmental, health and safety risks.
We utilise an interactive dashboard solution which is used to aggregate and stream real-time data, maximising the performance analysis potential of our clients’ assets and proactive maintenance.
We collect real-time condition data from assets, by adopting sensor based technology to support real-time integration of asset data.
We then analyse the data captured, this entails understanding permissible operating ranges of each asset. Though the utilisation of complex algorithms we are able to establish condition alerts, where automated notifications are created for the maintenance team on whether real-time data indicates a potential failure.
We showcase visually all the data and historical data in various charts and graphs to help signify any trends in the operations of our clients’ assets, further aiding the deeper analysis of assets and their associated data trends. With the ability to monitor an assets performance through the data collected, we facilitate smarter decisions, ensuring more efficient and cost effective working operations for our clients.