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How to realize a future digitalized asset performance evaluation strategy

Strategize optimization opportunities for maximum performance

Industrial organizations are looking to optimize production while maintaining compliance and improving profitability. With several conflicting priorities, it can be difficult to know where, when, and how to get started on improving the business. The Asset Performance Management (APM) Assessment enables our customers to gain a clear understanding of the current status of their business and where improvement opportunities will provide the quickest financial return. The AVEVA APM Assessment also includes a comprehensive action plan to execute against that strategy that includes people, processes, and systems (IT and OT).

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Smart Plant Assessment

Our AVEVA APM Assessment takes into account five key factors: company objectives, dynamics of the organization, regulatory requirements, supply chain, and maintenance drivers/KPIs.

Maturity Score

A 14-point maturity score benchmarked against industry standards provides prioritized insights into improvement opportunities, including benefits those changes would deliver in sequence, and an action plan for when and how these should be implemented..

Improvement Roadmap

The improvement roadmap includes clear goals and expected ROI with a step-by-step action plan for both short-term and long-term strategies. The assessment provides insight across four key areas related to managing scarce resources, critical assets, tight budgets, and achieving compliance.

Stop Value Leaks and Prioritize Improvement Opportunities

30%

Decrease in CAPEX

50%

Maintenance Cost Reduction

15%

Increase in Asset Availability

25%

Spare Parts Cost Reduction

Comprehensive Analysis

A comprehensive AVEVA APM Assessment delivers an improvement roadmap based on reviewing 14 key areas of the enterprise:

  • Asset Master Data Management
  • Asset Performance Objectives
  • APM Strategies
  • Planning and Preparation
  • Workflow Management
  • Inventory and Procurement
  • Monitoring and KPIs
  • Cost Management and Value Realization
  • Structural Failure Analysis
  • APM Organization
  • Skill and Knowledge Management
  • Sourcing Strategy
  • IT and OT Systems
  • Continuous Improvement and Audit