TECH BUYER Aug 2021 - IDC Perspective - Doc # AP48094721

Improving Operational Reliability Through Asset Performance Management

By: Benjamin KirkwoodSenior Research Manager

Abstract

This IDC Perspective provides insights into the priorities and focus areas for organizations that are just starting their journey of asset performance management (APM) implementation. This will see organizations realize the promised value of improved reliability through APM.

"IDC research shows that organizations will create value in the areas of improved asset run time, optimized spare component holding, optimization of maintenance labor, and improved mechanical efficiencies through the use of APM systems," says Ben Kirkwood, senior research manager, IDC Energy Insights — WW Mining. "With full, successful implementation of these systems, organizations will take a massive leap as they progress along their digital transformation road map."


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