Compare Plex Asset Performance Management vs. AVEVA Asset Performance Management

Plex Asset Performance Management

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AVEVA Asset Performance Management

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What is Plex Asset Performance Management?

Proactively manage the condition of machinery and facilities to ensure peak operational efficiency, productivity, and timely maintenance interventions. Harness the power of analytics in conjunction with Industrial IoT technologies to gain deeper insights into the performance of equipment on the production floor, thereby enabling advanced predictive maintenance strategies. Vigilantly monitoring the health of machines is crucial to reducing production delays caused by unforeseen breakdowns and outages. By advocating for predictive maintenance, the duration needed to diagnose machine health issues can be considerably shortened, while also improving the tracking of historical performance data. Bring together IT and OT information into a cohesive framework to connect plant floor insights with MES data, which enhances the decision-making process significantly. Utilize real-time data collection and integrated analytics to observe live metrics related to machine health and performance, evaluate machines against optimal operational benchmarks, and provide timely alerts regarding possible disruptions, thus aiding in the reduction of overtime labor costs, scrap rates, emergency maintenance expenditures, and negative effects on financial performance. This holistic strategy not only boosts operational productivity but also cultivates a proactive management culture throughout the manufacturing landscape, ensuring sustained growth and resilience in the face of challenges. Ultimately, this approach paves the way for continuous improvement and innovation in manufacturing operations.

What is AVEVA Asset Performance Management?

Digital transformation unlocks the complete capabilities of your assets while facilitating the efficient application of predictive maintenance (PdM) strategies. By foreseeing future demands, you can prevent costly breakdowns, reduce downtime, and focus on upcoming advancements. Our comprehensive Asset Performance Management (APM) software suite is designed to address contemporary industrial challenges by leveraging industrial big data, cloud solutions, artificial intelligence, digital twins, and augmented reality. Improved analytics contribute to the elimination of inefficiencies, the optimization of operations, and enhanced profitability. A holistic multi-dimensional information model consolidates data from diverse sources, providing context for reporting and visualization tools. This allows for near real-time enhancements in plant performance through sophisticated analytics integrated within your business intelligence (BI) systems that utilize industrial data. Additionally, by integrating your workforce, processes, and technology, you can rapidly adopt a risk-based asset strategy that aligns with your organizational objectives, promoting enduring sustainability and growth. By embracing these technological advancements, you position your organization not only to tackle the challenges of today but also to flourish in the evolving landscape of tomorrow's industry. This proactive approach sets the stage for innovation and resilience in an increasingly competitive market.