Conclusion and IDC Guidance
Strategic APM uses vast amounts of data to create insightful analytics that can improve safety and reliability and ultimately drive operational excellence.
When considering implementation of a digital APM strategy, capital-intensive organizations should prioritize high-value assets that have operational risk. Moving away from traditional time-based maintenance to a condition-based maintenance approach will create sizable savings while improving the financial and physical performance of an organization’s assets.
Having an IT/OT integration strategy in place is essential to successful APM implementation. Integrating separated IT systems will enable all asset data to be collected, structured, and analyzed in a single repository accessible across an enterprise, providing all invested stakeholders with access to analytics and insights.
Ultimately, strategic APM can provide asset owners and operators with the benefits of longer periods of continuous operation without unplanned outages, greater productivity, and a path to a more sophisticated asset strategy that will produce the best operational and financial results for an organization.