What is APM?

Asset Performance Management (APM) enhances your Enterprise Asset Management (EAM) foundation through powerful analytics and AI. APM provides insights at the point of action to minimize unplanned repair work, increase asset availability, lower costs and reduce the risk of equipment failure. Through the integration of disparate data sources, including EAM systems of record and IoT data, APM provides a comprehensive view of your operational assets.

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IoT and predictive maintenance helps Sandvik dig deep

Sandvik partnered with Watson IoT™ to provide smarter, safer and more efficient operations for their customers. The mining machine equipment manufacturer moved its asset management strategies from preventative to predictive maintenance to reduce costly repairs and unnecessary maintenance, and to keep operations running at optimum efficiency around the clock.

Plan your asset strategy

Optimize asset maintenance and replacement strategies based on asset risk and criticality. Determine how to better manage inspections and maintenance, optimize repair and operations (MRO) inventories, and prioritize replacement versus repair decisions.

Optimize asset health

Perform maintenance actions based on deep industry expertise and the current health of your assets. Monitor factors such as condition, cost, performance and remaining useful life. Define scoring methods, prioritize areas of focus and initiate maintenance activities.

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Predict asset failure

Use an IoT and AI platform as a crystal ball for your asset health. Correlate factors such as historical and real-time asset performance data, maintenance records, inspection reports and environmental data to predict when asset degradation or failure might occur.

Predict asset failure

Assist your field services teams

Make every maintenance technician your best technician by better diagnosing equipment issues and providing repair recommendations for even the most complex equipment. Improve first-time fix rate and reduce mean time to repair.

Understand your equipment's needs

Optimize your energy and utility assets

Take a 360-degree view of interconnected energy and utility assets. Make informed decisions by employing IoT, AI and advanced analytics for a comprehensive look at asset health, predictive maintenance and repair management.

Products behind this solution

IBM Maximo™ APM - Asset Health Insights

Determine the health of your assets by using IoT, external and historical data and asset models. Accelerate your journey toward condition-based maintenance.

IBM Maximo APM - Predictive Maintenance Insights

Avoid the pitfalls of costly and unnecessary preventative maintenance. Use data and advanced analytics to predict when critical equipment might fail so you can take the appropriate action.

IBM Maximo APM - Equipment Maintenance Assistant

Bring deep, powerful insights to better diagnose failures and make repair recommendations for first-time fixes that last.

IBM Maximo APM for Energy and Utilities

Improve asset maintenance and utilization for energy and utility companies by using an APM platform with AI.

More ways to optimize your asset management

Client success

Armstrong gains insights from the heart of your building

Armstrong teamed up with Watson IoT to create an intelligent HVAC pump that can make buildings more energy efficient and reduce greenhouse gas emissions. The ability to not only monitor health, but also predict pump degradation helps customers maximize the performance of their HVAC systems.

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