Asset performance management helps companies track the performance of their fixed assets to optimize their use. Companies use this type of software to extend the life of their fixed assets and to reduce the costs of maintenance. Asset performance management is mainly used by maintenance managers, but can also be used by finance professionals to monitor fixed asset costs.
Asset performance management can be delivered as part of an enterprise asset management (EAM) software package, or as a separate solution. Some business intelligence software providers also offer solutions customized for asset performance.
To qualify for inclusion in the Asset Performance Management category, a product must:
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Maximo offers a comprehensive solution for managing physical assets on a common platform in asset-intensive industries—on premises or in the cloud. Downtime reduced 5-20% Improve operations across asset availability, reliability and utilization. Clients report up to a 20% reduction in both downtime and material costs. Labor utilization up 10-20% Gain central control of activities including long- and short-term scheduling; preventive, reactive and condition-based maintenance; crew management; resource optimization and performance indicators. Inventory needs down 20-30% Reduce excess or obsolete inventory. Maximo can plan inventory to meet maintenance demand accurately and manage vendor relations for contracts. Asset utilization up 3-5% Track and manage asset deployment, specs, conditions, calibration and costing from a single system.
Oracle Enterprise Performance Reporting Cloud is a secure, collaborative, and process driven service for defining, authoring, reviewing, and publishing financial, management, and regulatory report packages.
Oracle's JD Edwards EnterpriseOne Asset Lifecycle Management solution helps drive greater value from your assets, whether they are plants, facilities, or equipment. From capital planning and budgeting, to procurement and operations, to maintenance and repair, JD Edwards EnterpriseOne Asset Lifecycle Management can maximize profitability and return on investment across the entire asset lifecycle.
Working seamlessly within our APM solutions, the Nexus Global APM Optimizer Suite provides a full circle, integrated approach to developing, implementing, and managing your living reliability program. Driving the Nexus Global core competency of delivering Asset Management and Reliability & Integrity process improvements, APM Optimizer Suite is the one solution you need to optimize your business roadmap, equipment data, equipment strategies, work planning, and incident investigation initiatives.
Siemens Asset Performance Management System (APMS) enables utilities to get the most out of their existing assets while providing options to improve power delivery reliability. It supports more informed decision making for replace, repair, and upgrade activities that significantly affect the bottom line and rate case justification.
Apart of the Nexus Global APM software suite, Business Optimizer is a two-fold, comprehensive software and methodology solution to properly assess your organization against World Class standards while simultaneously building the improvement plan needed to drive business excellence.
Nexus Global's new Data Optimizer is an innovative, easy to use, and robust approach to the critical task of collecting, verifying, and updating asset data. Working seamlessly within the Nexus Global Optimizer Suite of software, Data Optimizer builds and audits your asset structure and taxonomy by understanding processes, equipment classes, and human factors.
Infor's new EAM Software is a 21st-century best-in-class enterprise asset management solution that helps improve asset performance. With 25+ years of expertise in Enterprise Asset Management, Infor developed this new revolutionary software with rich built-in functionality and industry-specific editions that use predictive and preventive technologies to extend asset life and increase efficiency. Accessible on any mobile device; Deployable in the cloud, on premise, or as a hybrid; and built on modern architecture, Infor EAM Software can scale as needed, enhancing your ability to grow. •Ensure equipment reliability with preventive maintenance and gain new visibility with advanced alerts, KPIs, and dashboards •Go beyond basic work order management from computerized maintenance management systems (CMMS) with built-in case management, asset reservations, key management, space and move management, and more •Gain visibility into linear asset condition, manage space and occupancy graphically, and pinpoint energy waste through available GIS, OpenCAD, and Asset Sustainability integrations
Within the Nexus Global APM software suite, Investigation Optimizer allows organizations to investigate and develop corrective actions with immediate notifications to the action party. With unique features unlike any other tool in its class, Investigation Optimizer has the capability to directly relate the incident to an asset and quickly review any mitigations in place against its failure mode.
Planning Optimizer®, powered by Nexus Global, is a full function detailed job planning solution which can stand alone in small organizations or scale up to multi-site enterprise companies. Within the APM Optimizer Suite, this feature rich solution makes it unlike any other software on the market for building up reusable job plan libraries. It's intuitive and feature enhanced capability allows for any planning organization to get started in minutes.
SAP EAM is a software that manage the entire asset lifecycle with real-time visibility into asset performance and powerful analytics, its easier to optimize asset usage, shrink costs, better manage capital expenditures, and ultimately maximize your return on assets (ROA) including fixed property, plant, and equipment
Keep high-capital assets running at maximum efficiency to meet production goals and boost profitability – without increasing costs or risking failure. Predict problems in advance with machine sensor data that feeds to analytical models. And when there is a problem, diagnose it with root-cause analysis tools so you can take corrective action quickly.
SiRFULL provides an application package enabling any company with industrial installations to make the best decisions in order to increase the availability, the value and the profitability of their assets by evaluating their costs and risks and their performance throughout their assets life cycle.
Nexus Global's new Strategy Optimizer (formally PMO2000®) software was designed to assure the greatest Return on Capital Employed (ROCE) can be managed, measured, and controlled through the desired equipment lifecycle. Built into the Nexus Global APM Optimizer Suite, Strategy Optimizer serves as the master knowledge management and rapid deployment system for all activities performed against every physical asset within the asset hierarchy.