Gartner Research

Asset Performance Management Transforms How Operational Assets Are Managed and Maintained

Published: 26 July 2013

ID: G00251007

Analyst(s): Leif Eriksen, Kristian Steenstrup

Summary

The way owners and operators of mission-critical assets, as well as their OEMs, manage and maintain equipment is being transformed by APM. A beneficiary of the Nexus of Forces, APM is creating new business models, and enabling higher levels of asset utilization and efficiency across industries.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • APM will enable new approaches to managing operational assets and create new revenue opportunities for OEMs
  • Increased usage of APM solutions and services will help asset owners and operators reduce maintenance costs and operational risk while boosting reliability
  • The Nexus of Forces will transform the APM market and accelerate adoption for owners, operators and their OEMs

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