Asset Performance Management (APM) Trends and Strategies

Introduction

Asset performance management (APM) has become a popular term for solutions that helps asset-intensive enterprises extract the most value from their asset investments. The current generation of APM solutions leverages new technologies to enable more effective operations and avoid unplanned downtime. This survey is intended to gauge current state of understanding, success, challenges, and benefits related to APM.

Anyone involved in operating and maintaining equipment assets as well as strategy and engineering surrounding this effort should consider taking this survey.

Privacy: Your privacy is assured, and your identity will not be released to others. Your responses and the responses of your peers will be included in the instant results receive after taking this survey. If you have questions about the survey, please contact us at https://www.arcweb.com/about/contact-us

Question Title

* 1. What is the current state of your APM initiative?

Strategy developed, not yet implemented

Strategy has been implemented

Strategy is under development

Will develop in future

No plans

Other (please specify)

Question Title

* 2. How strongly do you associate each of the following attributes with APM?

	Strong	Moderate	Weak	None
Asset information management	Asset information management Strong	Asset information management Moderate	Asset information management Weak	Asset information management None
Balance of costs, opportunities and risks against desired performance	Balance of costs, opportunities and risks against desired performance Strong	Balance of costs, opportunities and risks against desired performance Moderate	Balance of costs, opportunities and risks against desired performance Weak	Balance of costs, opportunities and risks against desired performance None
Improved reliability and availability of physical assets	Improved reliability and availability of physical assets Strong	Improved reliability and availability of physical assets Moderate	Improved reliability and availability of physical assets Weak	Improved reliability and availability of physical assets None
Maintenance optimization	Maintenance optimization Strong	Maintenance optimization Moderate	Maintenance optimization Weak	Maintenance optimization None
Machine and equipment health	Machine and equipment health Strong	Machine and equipment health Moderate	Machine and equipment health Weak	Machine and equipment health None
Optimal deployment of assets to maximize profitability and predictability	Optimal deployment of assets to maximize profitability and predictability Strong	Optimal deployment of assets to maximize profitability and predictability Moderate	Optimal deployment of assets to maximize profitability and predictability Weak	Optimal deployment of assets to maximize profitability and predictability None
Solutions that utilize data and analytics to improve performance	Solutions that utilize data and analytics to improve performance Strong	Solutions that utilize data and analytics to improve performance Moderate	Solutions that utilize data and analytics to improve performance Weak	Solutions that utilize data and analytics to improve performance None
Quality	Quality Strong	Quality Moderate	Quality Weak	Quality None
Environment, Health, and Safety	Environment, Health, and Safety Strong	Environment, Health, and Safety Moderate	Environment, Health, and Safety Weak	Environment, Health, and Safety None
Other	Other Strong	Other Moderate	Other Weak	Other None

If other, please specify.

Question Title

* 3. At which maturity stage would you rate your company's APM program? (Select one)

Conventional: No intelligence or connectivity

Instrumented: Connected/connectable, shares data externally

Software defined: Embedded intelligence, software tunable, enhanced data feeds

Smart: Enhanced intelligence, actively monitored, self-optimized, used in ecosystem

Advanced: Utilize real-time analytics, onboard execution models, performance guarantees

Other (please specify)

Question Title

* 4. In what area is your organization achieving the greatest value from APM? (Select one)

Asset availability

M&O cost reductions

Inventory costs

Workforce efficiency

Reduced EHS risk

Regulatory compliance

Other (please specify)

Question Title

* 5. Which of the following APM tools have you implemented or plan to implement?

	Now	1-3 year plan	3-5 year plan	No plan
APM platform	APM platform Now	APM platform 1-3 year plan	APM platform 3-5 year plan	APM platform No plan
CMMS/EAM	CMMS/EAM Now	CMMS/EAM 1-3 year plan	CMMS/EAM 3-5 year plan	CMMS/EAM No plan
Asset tracking (GPS, RFID, etc.)	Asset tracking (GPS, RFID, etc.) Now	Asset tracking (GPS, RFID, etc.) 1-3 year plan	Asset tracking (GPS, RFID, etc.) 3-5 year plan	Asset tracking (GPS, RFID, etc.) No plan
Mobile data collection devices	Mobile data collection devices Now	Mobile data collection devices 1-3 year plan	Mobile data collection devices 3-5 year plan	Mobile data collection devices No plan
Condition monitoring	Condition monitoring Now	Condition monitoring 1-3 year plan	Condition monitoring 3-5 year plan	Condition monitoring No plan
Machine learning	Machine learning Now	Machine learning 1-3 year plan	Machine learning 3-5 year plan	Machine learning No plan
Analytics	Analytics Now	Analytics 1-3 year plan	Analytics 3-5 year plan	Analytics No plan
Role-based visualization	Role-based visualization Now	Role-based visualization 1-3 year plan	Role-based visualization 3-5 year plan	Role-based visualization No plan
Digital twin	Digital twin Now	Digital twin 1-3 year plan	Digital twin 3-5 year plan	Digital twin No plan
AR/VR	AR/VR Now	AR/VR 1-3 year plan	AR/VR 3-5 year plan	AR/VR No plan

Other (please specify)

Question Title

* 6. Please rate the perceived benefits of applying APM technologies on each of these asset classes.

	Strong	Moderate	Weak	None
Automation assets (transmitters, flowmeters, etc.)	Automation assets (transmitters, flowmeters, etc.) Strong	Automation assets (transmitters, flowmeters, etc.) Moderate	Automation assets (transmitters, flowmeters, etc.) Weak	Automation assets (transmitters, flowmeters, etc.) None
Building automation systems	Building automation systems Strong	Building automation systems Moderate	Building automation systems Weak	Building automation systems None
Communication systems	Communication systems Strong	Communication systems Moderate	Communication systems Weak	Communication systems None
Computer systems	Computer systems Strong	Computer systems Moderate	Computer systems Weak	Computer systems None
Control systems	Control systems Strong	Control systems Moderate	Control systems Weak	Control systems None
Critical assets	Critical assets Strong	Critical assets Moderate	Critical assets Weak	Critical assets None
Electrical systems	Electrical systems Strong	Electrical systems Moderate	Electrical systems Weak	Electrical systems None
Non-critical assets	Non-critical assets Strong	Non-critical assets Moderate	Non-critical assets Weak	Non-critical assets None
Production lines	Production lines Strong	Production lines Moderate	Production lines Weak	Production lines None
Production assets (pumps, compressors, motors, etc.)	Production assets (pumps, compressors, motors, etc.) Strong	Production assets (pumps, compressors, motors, etc.) Moderate	Production assets (pumps, compressors, motors, etc.) Weak	Production assets (pumps, compressors, motors, etc.) None
Robots	Robots Strong	Robots Moderate	Robots Weak	Robots None
Safety systems	Safety systems Strong	Safety systems Moderate	Safety systems Weak	Safety systems None
Vehicles/fleets	Vehicles/fleets Strong	Vehicles/fleets Moderate	Vehicles/fleets Weak	Vehicles/fleets None
Warehouse equipment	Warehouse equipment Strong	Warehouse equipment Moderate	Warehouse equipment Weak	Warehouse equipment None
Other	Other Strong	Other Moderate	Other Weak	Other None

If other, please specify.

Question Title

* 7. What percentage of plant assets are currently connected in an APM ecosystem?

	Connected	1-3 year plan	3-5 year plan	No plan
0%	0% Connected	0% 1-3 year plan	0% 3-5 year plan	0% No plan
1-10%	1-10% Connected	1-10% 1-3 year plan	1-10% 3-5 year plan	1-10% No plan
11-20%	11-20% Connected	11-20% 1-3 year plan	11-20% 3-5 year plan	11-20% No plan
21-30%	21-30% Connected	21-30% 1-3 year plan	21-30% 3-5 year plan	21-30% No plan
31-40%	31-40% Connected	31-40% 1-3 year plan	31-40% 3-5 year plan	31-40% No plan
41-50%	41-50% Connected	41-50% 1-3 year plan	41-50% 3-5 year plan	41-50% No plan
>50%	>50% Connected	>50% 1-3 year plan	>50% 3-5 year plan	>50% No plan

Other (please specify)

Question Title

* 8. At your facility what types of the following assets are currently connected to an APM ecosystem or planned for the future?

	Connected	1-3 year plan	3-5 year plan	No plan
Automation assets (transmitters, flowmeters, etc.)	Automation assets (transmitters, flowmeters, etc.) Connected	Automation assets (transmitters, flowmeters, etc.) 1-3 year plan	Automation assets (transmitters, flowmeters, etc.) 3-5 year plan	Automation assets (transmitters, flowmeters, etc.) No plan
Building automation systems	Building automation systems Connected	Building automation systems 1-3 year plan	Building automation systems 3-5 year plan	Building automation systems No plan
Communication systems	Communication systems Connected	Communication systems 1-3 year plan	Communication systems 3-5 year plan	Communication systems No plan
Computer systems	Computer systems Connected	Computer systems 1-3 year plan	Computer systems 3-5 year plan	Computer systems No plan
Control systems	Control systems Connected	Control systems 1-3 year plan	Control systems 3-5 year plan	Control systems No plan
Critical assets	Critical assets Connected	Critical assets 1-3 year plan	Critical assets 3-5 year plan	Critical assets No plan
Electrical systems	Electrical systems Connected	Electrical systems 1-3 year plan	Electrical systems 3-5 year plan	Electrical systems No plan
Non-critical assets	Non-critical assets Connected	Non-critical assets 1-3 year plan	Non-critical assets 3-5 year plan	Non-critical assets No plan
Production lines	Production lines Connected	Production lines 1-3 year plan	Production lines 3-5 year plan	Production lines No plan
Production assets (pumps, compressors, fans, motors, etc.	Production assets (pumps, compressors, fans, motors, etc. Connected	Production assets (pumps, compressors, fans, motors, etc. 1-3 year plan	Production assets (pumps, compressors, fans, motors, etc. 3-5 year plan	Production assets (pumps, compressors, fans, motors, etc. No plan
Robots	Robots Connected	Robots 1-3 year plan	Robots 3-5 year plan	Robots No plan
Safety system	Safety system Connected	Safety system 1-3 year plan	Safety system 3-5 year plan	Safety system No plan
Vehicles/fleet	Vehicles/fleet Connected	Vehicles/fleet 1-3 year plan	Vehicles/fleet 3-5 year plan	Vehicles/fleet No plan
Warehouse equipment	Warehouse equipment Connected	Warehouse equipment 1-3 year plan	Warehouse equipment 3-5 year plan	Warehouse equipment No plan
Other	Other Connected	Other 1-3 year plan	Other 3-5 year plan	Other No plan

If other, please specify.

Question Title

* 9. What is your company's asset data management strategy?

	Implemented	1-3 year plan	3-5 year plan	No plan
On premise	On premise Implemented	On premise 1-3 year plan	On premise 3-5 year plan	On premise No plan
Cloud (managed by third-party)	Cloud (managed by third-party) Implemented	Cloud (managed by third-party) 1-3 year plan	Cloud (managed by third-party) 3-5 year plan	Cloud (managed by third-party) No plan
Hybrid	Hybrid Implemented	Hybrid 1-3 year plan	Hybrid 3-5 year plan	Hybrid No plan

Other (please specify)

Question Title

* 10. Is your APM system integrated with other business/operational systems?

	Integrated	1-3 year plan	3-5 year plan	No plan
Reliability	Reliability Integrated	Reliability 1-3 year plan	Reliability 3-5 year plan	Reliability No plan
Historian	Historian Integrated	Historian 1-3 year plan	Historian 3-5 year plan	Historian No plan
EAM/CMMS	EAM/CMMS Integrated	EAM/CMMS 1-3 year plan	EAM/CMMS 3-5 year plan	EAM/CMMS No plan
EHS	EHS Integrated	EHS 1-3 year plan	EHS 3-5 year plan	EHS No plan
ERP	ERP Integrated	ERP 1-3 year plan	ERP 3-5 year plan	ERP No plan
MES	MES Integrated	MES 1-3 year plan	MES 3-5 year plan	MES No plan
PLM	PLM Integrated	PLM 1-3 year plan	PLM 3-5 year plan	PLM No plan
Supply chain	Supply chain Integrated	Supply chain 1-3 year plan	Supply chain 3-5 year plan	Supply chain No plan
Customer relationship	Customer relationship Integrated	Customer relationship 1-3 year plan	Customer relationship 3-5 year plan	Customer relationship No plan
Other	Other Integrated	Other 1-3 year plan	Other 3-5 year plan	Other No plan

If Other, please specify.

Question Title

* 11. Who has responsibility for managing asset-related data in your company? (Select all that apply)

Engineering

Maintenance

Primary user

Not clearly defined

Other

If other, please specify.

Question Title

* 12. Which of the following providers is your company sharing or planning to share asset data?

	Sharing	1-3 year plan	3-5 year plan	No plan
Automation service provider	Automation service provider Sharing	Automation service provider 1-3 year plan	Automation service provider 3-5 year plan	Automation service provider No plan
Automation supplier	Automation supplier Sharing	Automation supplier 1-3 year plan	Automation supplier 3-5 year plan	Automation supplier No plan
Cloud services	Cloud services Sharing	Cloud services 1-3 year plan	Cloud services 3-5 year plan	Cloud services No plan
Equipment OEM	Equipment OEM Sharing	Equipment OEM 1-3 year plan	Equipment OEM 3-5 year plan	Equipment OEM No plan
Local representative	Local representative Sharing	Local representative 1-3 year plan	Local representative 3-5 year plan	Local representative No plan
Software supplier	Software supplier Sharing	Software supplier 1-3 year plan	Software supplier 3-5 year plan	Software supplier No plan
Systems integrator	Systems integrator Sharing	Systems integrator 1-3 year plan	Systems integrator 3-5 year plan	Systems integrator No plan
None of the above	None of the above Sharing	None of the above 1-3 year plan	None of the above 3-5 year plan	None of the above No plan
Other	Other Sharing	Other 1-3 year plan	Other 3-5 year plan	Other No plan

If other, please specify.

Question Title

* 13. What are your greatest APM challenges? (Select top three)

Integration with other systems

Adoption of advanced technologies such as AI, analytics, digital twin, IoT

Aging asset failure

Skills gap

Resistance to change

Budget constraints

Poor data quality

Poor data management

Communication networking

Managing 3rd party service providers

Other

Question Title

* 14. Which, if any, APM implementation challenges has your organization experienced? (Select all that apply)

Over specified solution

Overlapping APM tools

Improper asset operation

Implementing new work processes

Unrealistic timeframe

Lack of training

Over/under maintenance

Poor risk management

Poor data integration

Other (please specify)

Question Title

* 15. What industry are you in?

Aerospace & defense

Automotive

Chemical/petrochemical

Electronics & electrical

Electric power

Food & beverage

Life sciences

Machinery

Mining/Metals

Offshore oil & gas

Onshore oil & gas

Pulp & paper

Refining

Semiconductors

Water & wastewater

Other (please specify)

Question Title

* 16. What region is your company headquartered?

North America

Latin America

EMEA

Asia

Question Title

* 17. How many employees at your company? (All locations)

< 1,000

1,000 - 5,000

5,000 - 10,000

10,000 to 25,000

More than 25,000

Question Title

* 18. Your role in the organization is: (Select most appropriate)

Consultant

Engineer

Executive

Facilities Manager

Maintenance Tech./Manager

Operator/Operations Manager

Other (please specify)

Question Title

* 19. Would you be willing to be contacted for a more in-depth survey?

Yes

Question Title

* 20. Please provide contact information for confidential communication and/or to receive copy of survey results.

Name

Company

Email address