Asset Performance Management (APM) refers to software tools designed to optimize the performance and longevity of critical operational assets, such as plants, equipment, and infrastructure, which are vital to a company's success. APM solutions help businesses monitor and manage the performance of their fixed assets, aiming to maximize their efficiency while reducing maintenance costs. These tools are primarily used by maintenance managers to extend asset life and ensure optimal asset utilization, but they can also be valuable to finance teams for tracking asset-related expenses. Additionally, APM solutions support compliance with regulatory requirements for asset inspection and maintenance. APM systems leverage data capture, integration, visualization, and analytics to improve operational efficiency and streamline maintenance scheduling. By analyzing real-time data, APM tools identify the most impactful maintenance and inspection activities, enhancing the reliability and performance of mission-critical assets. These solutions can be offered as part of an Enterprise Asset Management (EAM) system or as standalone software. Some business intelligence providers also offer specialized APM tools tailored to the needs of asset management professionals.

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Samsara

samsara.com

Samsara helps the largest and most complex operations organizations empower workers, save on fuel, and build a world-class safety program—all from a single easy-to-use, integrated platform. With tens of thousands of customers across the United States, Canada, Mexico, and Europe, Samsara is a proud t...

Fracttal One

fracttal.com

Fracttal One is a maintenance management software that helps companies to manage and optimize their maintenance operations. It provides tools for asset management, scheduling and performing preventive maintenance, managing work orders, monitoring spare parts inventories, tracking costs and performan...

Xempla

xempla.io

Xempla is the world’s first decision support system for enterprise asset management, designed to provide any operations and maintenance team with the tools, resources and assistance they need to make better decisions throughout the asset lifecycle. We are building the most reliable and easy-to-use E...

Amper

amper.xyz

Amper is designed to help plant managers improve machine and labor productivity by monitoring key metrics of each machine in real-time.