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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 Novity?

Novity’s TruPrognostics™ engine offers valuable insights into the time remaining until maintenance is necessary, enabling you to forecast your plant's future and make well-informed decisions today. Many companies face challenges due to insufficient high-quality historical data, which can impede effective predictive analytics; however, Novity effectively tackles this challenge through a distinctive combination of machine learning algorithms and physics-based models that relate to common machinery issues. By seamlessly integrating appropriate IoT sensors, Novity guarantees peak performance irrespective of the quality of previously available data. The application provides clear indications of when equipment is likely to experience failure, reducing the reliance on intricate chart analyses and allowing you to prioritize the smooth operation of your plant. This groundbreaking approach utilizes the principles of physics to generate precise predictions regarding failure timelines based on the unique development of various faults. Consequently, users are empowered to proactively manage their maintenance plans and significantly improve overall efficiency in their operations, ultimately leading to a more reliable production environment. Through this system, organizations can achieve greater resilience against unexpected downtimes.

Media

Media

Integrations Supported

Plex Manufacturing Execution System (MES)
Plex Production Monitoring
Plex Quality Management System (QMS)
Plex Smart Manufacturing Platform

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

Rockwell Automation

Date Founded

1903

Company Location

United States

Company Website

www.plex.com/products/asset-performance-management

Company Facts

Organization Name

Novity

Date Founded

2022

Company Location

United States

Company Website

novity.us

Categories and Features

Categories and Features

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