No industrial enterprise can expect to succeed unless the physical assets like machinery, robotics and equipment used to produce the goods and services are operating reliably and performing optimally. In management philosophies based on Operational Excellence, industrial companies don’t just fix things as they break, but take the actions necessary to prevent them from failing in the first place.
The industrial sector has seen the emergence of Industrial IoT, Big Data and the associated predictive analytics. This has driven the need for – and use of – Asset Performance Management or APM. It allows organizations to leverage technologies to ensure that Operational Excellence is not road-blocked by assets that perform below their level of capability. Managers can see how the fleet of assets is performing and profiting the company. With more accurate data, they can develop a better vision of how to allocate resources to assets in the future.
Implementing APM strategy is a three-step process. First, get connected to understand how your machines are currently performing. Then gain insights of your operations and move to improving your performance. At the same time, reducing costs and minimizing risks to your people and the environment. Finally, optimize your performance by making step-change improvements in your maintenance efficiency and effectiveness. Nortal can help you no matter where you are along the journey.
Nortal’s offering for Asset Performance Management (APM) is a suite of software and service solutions that works across all equipment, all OEMs, and all industries—across the plant and across the fleet. The solutions cover the full range of APM needs, from real-time automated data collection, KPI monitoring and reporting to full-scale analytics and optimization. Our solutions help asset-centric industrial companies increase uptime, decrease costs, and reduce operational risks. Solutions are hosted securely on an industry-grade cloud or they can alternatively be deployed on premises at your site.
We help our customers evaluate and choose the best overall solution to fit current state and future strategy for digitalization and IoT. We combine strong business and technological competency to guide you through the whole journey.
Ergin Tuganay has over 15 years of experience in a wide range of areas related to industrial automation and data-driven technology. He has helped several small, medium and large industrial clients in digitalizing their manufacturing operations to improve efficiency, quality, traceability and agility. If you want to know more about Industry 4.0, send Ergin an email.
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