Optimizing Asset Performance and Risk Management with SAP Asset Performance Management

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Products-SAP Defense & Security

Optimizing Asset Performance and Risk Management with SAP Asset Performance Management

Overview of SAP Asset Performance Management

SAP Asset Performance Management is a cloud-based solution offered on the SAP Business Technology Platform that enables businesses to optimize asset health, performance, and risk. This application empowers asset owners, plant managers, and reliability engineers by providing tools to enhance maintenance strategies, measure and improve asset performance, and align with sustainability objectives. By analyzing IoT sensor data, maintenance records, and monitoring equipment behavior remotely, users can make faster, more accurate maintenance decisions while minimizing the risk of asset failure.

Key Benefits and Features

The key benefits of SAP Asset Performance Management include the ability to balance risk, cost, and performance to maximize asset value. By cutting maintenance costs through optimized performance and minimizing risks, businesses can achieve reduced maintenance spend. Moreover, the application increases asset availability by offering data insights to predict failures and take corrective actions. Some key features of this solution include risk estimation and evaluation, proven reliability methodologies like reliability-centered maintenance, and AI-based predictive maintenance capabilities to determine failure curves and estimate remaining useful life.

Success Stories and Resources

The success stories of Petrobras, Equinor, and Swiss Federal Railways highlight how SAP Asset Performance Management has helped improve operational efficiency, asset availability, and maintenance strategies. Resources such as AI-assisted visual inspections, anomaly detection with real-time sensor data, and AI-driven maintenance decision-making videos and blogs demonstrate how this solution enables businesses to make faster, better decisions, improve reliability, and optimize operations. Additionally, white papers and updates on the latest release provide valuable insights into leveraging AI for railway asset performance and maximizing the benefits of SAP Asset Performance Management.

Customer Support and Contact Information

For more information on SAP Asset Performance Management or to request a demo, customers can visit the SAP website and explore further details on technical information, features, and getting started with the solution. With customer support available through various local country numbers and online resources, businesses can access assistance, trials, demos, and services to optimize their asset performance management. The SAP Trust Center ensures data security and privacy for users, while the company's commitment to transparency is reflected in its privacy statement and cookie preferences.

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