What is Asset Performance Management?
Asset Performance Management (APM) is the process of gathering metrics from machines on the production floor and factory, in order to analyze and visualize the performance of manufacturing processes. These metrics are then used to find and solve areas of inefficiency throughout the entire manufacturing facility.
The ability to understand machine performance in order to optimize efficiency has become a vital competitive tool. APM provides this by delivering a flow of real-time data to give a snapshot of the efficiency of the manufacturing operation at any given time.