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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
1.What is the current state of your APM initiative?
2.How strongly do you associate each of the following attributes with APM?
Strong
Moderate
Weak
None
Asset information management
Balance of costs, opportunities and risks against desired performance
Improved reliability and availability of physical assets
Maintenance optimization
Machine and equipment health
Optimal deployment of assets to maximize profitability and predictability
Solutions that utilize data and analytics to improve performance
Quality
Environment, Health, and Safety
Other
3.At which maturity stage would you rate your company's APM program? (Select one)
4.In what area is your organization achieving the greatest value from APM? (Select one)
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
CMMS/EAM
Asset tracking (GPS, RFID, etc.)
Mobile data collection devices
Condition monitoring
Machine learning
Analytics
Role-based visualization
Digital twin
AR/VR
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.)
Building automation systems
Communication systems
Computer systems
Control systems
Critical assets
Electrical systems
Non-critical assets
Production lines
Production assets (pumps, compressors, motors, etc.)
Robots
Safety systems
Vehicles/fleets
Warehouse equipment
Other
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%
1-10%
11-20%
21-30%
31-40%
41-50%
>50%
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.)
Building automation systems
Communication systems
Computer systems
Control systems
Critical assets
Electrical systems
Non-critical assets
Production lines
Production assets (pumps, compressors, fans, motors, etc.
Robots
Safety system
Vehicles/fleet
Warehouse equipment
Other
9.What is your company's asset data management strategy?
Implemented
1-3 year plan
3-5 year plan
No plan
On premise
Cloud (managed by third-party)
Hybrid
10.Is your APM system integrated with other business/operational systems?
Integrated
1-3 year plan
3-5 year plan
No plan
Reliability
Historian
EAM/CMMS
EHS
ERP
MES
PLM
Supply chain
Customer relationship
Other
11.Who has responsibility for managing asset-related data in your company? (Select all that apply)
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 supplier
Cloud services
Equipment OEM
Local representative
Software supplier
Systems integrator
None of the above
Other
13.What are your greatest APM challenges? (Select top three)
14.Which, if any, APM implementation challenges has your organization experienced? (Select all that apply)
15.What industry are you in?
16.What region is your company headquartered?
17.How many employees at your company? (All locations)
18.Your role in the organization is: (Select most appropriate)
19.Would you be willing to be contacted for a more in-depth survey?
20.Please provide contact information for confidential communication and/or to receive copy of survey results.