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What is Predix APM?

Improving asset performance is crucial for enhancing reliability and availability while also reducing expenses and lowering operational risks. Asset Performance Management (APM) consists of an extensive array of software and services designed to boost the efficiency of operations and maintenance for various types of equipment, the entire plant, and the overall fleet. Equipped with advanced features such as Digital Twin analytics, work process automation, and integrated insights from GE's industry expertise, APM offers significant benefits for modern industrial operations. By enabling proactive monitoring and protection of essential assets and systems, APM effectively reduces unplanned downtime, leading to improved availability and reliability. Moreover, it is instrumental in promoting employee health and safety, protecting the environment, and achieving corporate goals by decreasing incidents related to assets. Additionally, APM allows for the early identification of potential issues, converting what could be unplanned downtimes into scheduled maintenance activities, which greatly minimizes the necessity for expensive emergency repairs. This strategic method not only preserves the integrity of assets but also cultivates a more efficient and sustainable operational environment. In doing so, organizations can better align their resources with their overall operational goals, further driving performance improvements.

What is AssetMetrics?

AssetMetric revolutionizes traditional methodologies by delivering an advanced solution specifically designed for Asset Managers, providing them with an all-encompassing toolkit that guarantees essential business functions while uncovering opportunities for enhancement. A key aspect of AssetMetric is its ability to aggregate all relevant data into a single, cohesive information hub, which is crucial for fostering the incremental growth required to craft advanced Asset Management approaches. This cutting-edge platform aligns seamlessly with overarching organizational objectives by fostering robust Corporate Governance and Compliance protocols. In addition, it meticulously identifies all critical Risk Types and enacts comprehensive Change Management strategies for essential Risk Mitigation, which can be assimilated into current ERP/CMM systems. By refining basic data into a more sophisticated model, AssetMetric optimizes PMs, Inventory Insurance Spare, Inventory, and Resource needs, taking into account Downtime Costs and various associated Risks. It also empowers decision-makers to make well-informed Business decisions by factoring in Life Cycle Costs that encompass Carbon, Water, and specific Energy expenditures. Moreover, this tool enables organizations to better anticipate and manage future challenges, ensuring they remain agile and competitive in a rapidly evolving market. Overall, AssetMetric stands as an essential resource that not only enhances operational efficiency but also promotes sustainable practices across enterprises.

Media

Media

Integrations Supported

Altair Knowledge Hub
Informatica Persistent Data Masking
OASIS
Predix Essentials
Predix Platform

Integrations Supported

Altair Knowledge Hub
Informatica Persistent Data Masking
OASIS
Predix Essentials
Predix Platform

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

GE Digital

Date Founded

2011

Company Location

United States

Company Website

www.ge.com/digital/applications/asset-performance-management

Company Facts

Organization Name

Paradigm Designs Software

Date Founded

1990

Company Location

Australia

Company Website

www.parasoft.com.au/software-products/assetmetrics/

Categories and Features

Categories and Features

Fixed Asset Management

Asset Budgeting
Asset Lifecycle Management
Audit Trail
Barcoding / RFID
Depreciation Management
Disposal Management
Document Management
Inventory Tracking
Tax Management

IT Asset Management

Asset Tracking
Audit Management
Compliance Management
Configuration Management
Contract/License Management
Cost Tracking
Depreciation Management
IT Service Management
Inventory Management
Maintenance Management
Procurement Management
Requisition Management
Supplier Management

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