Audience
Asset performance management for power plants
About Siemens APM
APM is a tool-enabled transition to reliability-centered maintenance and risk-based inspections. This technical review focuses on asset performance management technologies for Industry 4.0 as applied directly to the Power Generation industry. As we move from digitalization strategy to digital transformation, we use the Digital Twin to gain prediction insights and to enhance day-to-day processes for better business outcomes. See the technology behind the story, to visualize and contextualize data exactly when and where needed for effective operational, maintenance and engineering decisions. Digital Twins play a vital role towards bridging the gap between CapEx and Opex to lower total cost of ownership and deliver optimal return on asset.