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What is Siemens APM?

APM acts as a driving force behind the transition to maintenance strategies focused on reliability and inspections based on risk, leveraging sophisticated tools. This technical exploration highlights the role of asset performance management technologies in the context of Industry 4.0, particularly for the Power Generation industry. As we move from a framework of digitalization to a comprehensive digital transformation, the Digital Twin stands out as a vital element, offering predictive insights that enhance daily operations and lead to better business outcomes. By delving into the foundational technology, we can accurately visualize and contextualize data precisely when and where it is needed, facilitating sound decision-making across operational, maintenance, and engineering sectors. Additionally, Digital Twins play a critical role in balancing capital investments with operational costs, ultimately leading to lower overall ownership expenses while maximizing returns on assets. This comprehensive strategy not only boosts operational efficiency but also promotes a more sustainable and innovative working environment, paving the way for future advancements in the industry. In essence, the integration of these technologies is reshaping how organizations approach asset management and maintenance in an increasingly digital world.

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
Cortona3D RapidCatalog
EasyID
Hyper Historian
Informatica Persistent Data Masking
Key Ward
MapsPeople
NSFOCUS RSAS
OPUS
Panacea
Rave Collaborate
Safety Inspection Manager
StreetLight Data
Switch Automation
TestMatch
Text Control
Utilihive
Workday Services CPQ
eDRV
vCharM

Integrations Supported

Altair Knowledge Hub
Cortona3D RapidCatalog
EasyID
Hyper Historian
Informatica Persistent Data Masking
Key Ward
MapsPeople
NSFOCUS RSAS
OPUS
Panacea
Rave Collaborate
Safety Inspection Manager
StreetLight Data
Switch Automation
TestMatch
Text Control
Utilihive
Workday Services CPQ
eDRV
vCharM

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

Siemens Energy

Date Founded

2020

Company Website

www.siemens-energy.com/global/en/offerings/services/digital-services/asset-performance-management.html

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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