Best-in-Class companies are turning to APM to improve asset availability and reliability, and reduce the maintenance costs of their operations
Through the combination of real-time asset data via IoT and predictive analytics, Best-in-Class companies saw 9% less unscheduled asset downtime (year over year) and 14% higher operating margin performance against plan.
However, the risk of a critical asset failure is still always “top of mind” for most companies.
In certain industries, like oil & gas or mining, an asset failure can mean more than lost production — it can also mean serious safety and environmental concerns. When it comes to keeping these critical assets running, time-to-decision is crucial.
What better way to improve the time to make asset-based decisions than always having information at your fingertips?
Download this brief to find out more.