Smart Maintenance: Using APM 4.0 to Drive Better Business Results

51% of industrial organizations say that better operational performance is their #1 strategic objective for improving asset performance. Meanwhile, most of them “over-maintain” production assets.

Even companies that have fully adopted predictive maintenance (PdM) as their maintenance strategy sometimes struggle to see a lasting positive impact on the bottom line. Despite reduced downtime, effective labor utilization, or fewer catastrophic breakdowns, maintenance groups risk over-maintaining production assets. The net result can be lower productivity and potentially higher maintenance costs.

Asset-intensive organizations with an intensive drive toward Operational Excellence must develop a systemic attitude toward asset performance management (APM) instead of a purely maintenance-centric posture.

During this webcast, LNS Research will explain why leading manufacturers use APM 4.0 to achieve balance between maintenance performance and overall economic performance.