Using Sensor Data to Maximize Your Return on Investment
APM 4.0 brings with it the promise of proactive asset management made possible by predictive alerts and prescriptive analytics: lower costs, reduced unplanned downtime, and optimized labor usage and equipment performance. Through predictive alerts and prescriptive analytics, companies will be able to implement preventative asset strategies to avoid unplanned downtime for their most critical assets while also deciding which preventative or corrective asset strategy is the best course of action for their less vital equipment.
Some companies are close to achieving APM 4.0. Others may not be quite sure where they should begin their adoption journey.