Asset Performance Management (APM)
Optimizing the performance of assets to increase reliability and availability, minimize costs, and reduce operational risks.
GE Digital
Digital Twin
IDC: APM and Digital Twin Solutions to Play a Pivotal Role in the Future of the Oil and Gas Sector
Oil and gas companies need to evolve into more agile and flexible organizations due to the volatile macroeconomic conditions, uncertain geopolitical situations, and ecological pressures they face. These companies can address these challenges by undertaking digital transformation (DX) initiatives that leverage the latest technology solutions.
Asset performance management (APM) solutions can have a transformational impact on businesses in the oil and gas industry, given their ability to connect ERP systems with inventory management platforms and safety/quality protocols. Digital Twins add value to enterprise decision making, particularly as companies can be inundated with large amounts operational data. Organizations in the oil and gas industry are adopting digital twin solutions to visualize and query the past, current, or future performance of mission-critical assets.
Read how IDC views these new technologies and their impact in the Oil & Gas industry. See how your organization can adopt APM and Digital Twin technology to optimize operations, reduce risk and increase profitability.
Explore GE Digital's APM and Digital Twin solutions
Digital Twin
Digital Twin
Apply advanced analytics and machine learning to reduce operational costs and risks
Service
Industrial Managed Services
Driving best-in-class operational processes and business outcomes for customers