Transforming asset strategy into operational workflow is hard. Even for those who have used APM, it’s been too complex to apply across all of their assets. This is why Deloitte estimated that fewer than 5% of companies have implemented APM programs that drive financial results.
Asset strategies are the key element to move from reactive asset management policies of the past to more structured methods to execute activities which preserve the life of industrial equipment. In this paper, we explore what it takes to operationalize asset strategies to drive new efficiencies.
Highlights include: