Top 5 Trends Impacting Asset Performance Management: No. 2

This week, Greg Goodwin of LNS research is counting down the top 5 asset performance trends in the manufacturing sector.

This week, Greg Goodwin of LNS research is counting down the top 5 asset performance trends in the manufacturing sector. 

2.) Where will the much-hyped Internet of Things display many of its early success stories? Asset Performance Management

The Internet of Things (IoT) is never more than a passing conversation away in the manufacturing industries today, but much of the current chatter concerns future capabilities and operational visions that may take decades to come into focus. 

Even though the IoT conversation is mostly forward looking, that doesnโ€™t mean that success stories are not currently being written that leverage its technology, and one of the early places where itโ€™s proven effective is Asset Performance Management (APM). And this success will grow through 2015.

In industries from airlines to water treatment, APM professionals are using IoT-generated data to facilitate better condition-based and reliability-centered maintenance and achieve new levels of uptime, reductions in unplanned maintenance, and increased customer satisfaction. But what are the key considerations in system architecture and strategy to get on the path to early IoT success? Take a brief APM survey from LNS Research to find out much more in the Asset Performance Management Best Practices Guide.

Check out No. 3 here. 

Greg Goodwin for LNS Research

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