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23 Jul 2024

Asset Performance Management: Unlock the next level of asset management efficiency

IFS Stand: 5.H34

Unlock the next level of asset management efficiency with APM

With the advent of EAM, organizations began looking more strategically at the cost of owning an asset in the first place, the risks of not owning it, and its value throughout its lifecycle as compared to other capital investments the organization could make. EAM manages risks as well as assets in order to achieve the organization’s long-term plan.

APM takes this tactical and strategic information and combines it with risk and cost data from across the enterprise. The result is a set of contextualized operational data that allows asset management professionals to not only extend asset life but do so in ways that align with strategic business initiatives and contribute to long-term success.

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