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Asset Performance Management (APM) Software

APM Strategy: Improve Time Through Efficient Criticality Assessment

6 mins

Content overview
  • Identify potential failures of individual assets and entire systems, thus reducing unplanned downtime
  • Perform optimal maintenance, inspection, or redesign activities, while most effectively balancing risk and costs
  • Implement strategies based on failure modes and effects analysis (FMEA), predictive analytics, health indicators, policies, and reliability analyses
  • Create strategies in various work management and control systems for complete integration and improved productivity

Video details

In order to optimize your maintenance and monitoring programs, one of the first keys steps is to identify which assets and systems are the most critical to your business.  Once these assessments are complete, you are able to more effectively prioritize and focus your optimization efforts on the assets that pose the most risk and financial impact on your organization if they fail. 

In this demonstration, watch how you can improve your time to value by efficiently executing this process within APM.

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