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Asset Reliability is the first step in your Asset Performance Management (APM) Strategy

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Asset Reliability is my number 1 tip for getting started with Asset Performance Management. Asset Performance is a hot topic in industrial automation right now. With so much capital invested in plant assets it’s understandable you want to maximize return. And thanks to the IIoT solutions now available there is so much more you can do to manage this. For example, a fully integrated and comprehensive Enterprise Asset Performance Management solution can boost return on your capital, improving OpEx management and profitability. If you do invest in this type of technology, my top tip is to make Asset Reliability your first priority . Let me illustrate what I mean by this with some scenarios from everyday life: Your home entertainment system is set up with everything you could ever want – surround sound, a big screen smart TV, and premium streaming service, all connected and synced. But on movie night it always takes half an hour to get it to play. It’s early morning. You rush out ...