SAP Asset Performance Management (APM)
To run a sustainable, risk-resilient supply chain, you need to balance asset performance, risks, and costs.
SAP Asset Performance Management (APM) is a SaaS solution from SAP designed to enhance the SAP S/4HANA Asset Management solution. It is part of SAP’s wider Intelligent Asset Management (IAM) portfolio. APM enables organisations to transition from traditional reactive maintenance to predictive, prescriptive, and reliability-centred maintenance.
SAP APM integrates with both SAP Cloud and on-premise solutions for Asset Management, and includes embedded IoT capabilities for storing time-series data.
The solution comprises several major components:
Asset Health
Asset Reliability Engineering
Asset Risk Assessment
Asset Performance Analysis
These components help organisations optimise maintenance strategies, measure and improve asset performance, and minimise the risk of asset failure.
Why On Device Solutions for SAP Asset Performance Management implementation
Industry Expertise
Our team has extensive experience in the asset management industry, across Utilities, Oil and Gas, Manufacturing, Pharma etc. We understand the unique challenges and opportunities within these sectors and deliver solutions tailored to your specific needs.
Rapid Deployment focus
At On Device Solutions, we prioritise standard cloud deployment options to ensure seamless integration and scalability. Our commitment to delivering solutions rapidly allows us to meet your business needs efficiently and effectively, helping you stay ahead in a competitive market.
Close loop Asset Management
Our Architecture mindset helps us understand the end-to-end Asset management lifecycle. We can help deliver a Closed-Loop strategy, planning and execution processes to optimise Asset Performance Management.
Benefits of SAP Asset Performance Management (APM)
Our Asset Performance Management (Intelligent Asset Management) services will help your business achieve the following benefits:
Drive safe operations
measured by a reduction in safety and environment incidents.
Reduce cost
Lower maintenance expenses by enhancing performance within fixed budgets, while minimising risks and maximising output
Maximise productivity
Enable asset operators and service providers to reduce risks using data insights to predict failures and take corrective actions.
Key Features of SAP APM
- Harmonised Asset Data: Utilise an aligned data model and out-of-the-box integration between SAP S/4HANA Maintenance and Service Management and SAP Asset Performance Management to support end-to-end processes.
- Define Asset Maintenance Strategies:
- Risk & Criticality Assessment: Segment your assets based on risk and criticality to prioritise what matters most.
- Maintenance Strategy Development by Assessments: Employ standard reliability methods such as RCM and FMEA to develop optimal maintenance and service strategies for your critical assets.
- Recommendation Management: Review, compare, and consolidate asset maintenance recommendations to derive the best set of recommendations.
- Implementation Management: Use harmonised master data to facilitate the handover of maintenance and service recommendations into planning objects for execution.
- Monitor Asset Health and Maintenance Demand: Utilise asset master data or transactional data and establish connectivity to SAP IoT to receive time series data or events for health monitoring and demand generation.
- Embed Cumulocity IoT platform to connect your Assets Read more about embedded IoT platform here https://ondevicesolutions.com/sap-cumulocity-iot/
- AI Models to Derive Data: Leverage AI models to process data and gain further insights based on time series data, events, transactional or master data.
- Data Usage and Monitoring: Set up rules to automate creation of maintenance demand or use the data to examine and analyse the health of your asset or fleet.
- Demand Generation: Create maintenance/service demand by converting generated alerts into notifications (subsequent work orders) in S/4HANA Maintenance Management.
- 3D Asset Visualisation: View 3D asset visualisations within APM with operational context such as risk/critically and health indicators and be able to perform context-sensitive actions.
