Asset Performance Management (APM) refers to software tools designed to optimize the performance and longevity of critical operational assets, such as plants, equipment, and infrastructure, which are vital to a company's success. APM solutions help businesses monitor and manage the performance of their fixed assets, aiming to maximize their efficiency while reducing maintenance costs. These tools are primarily used by maintenance managers to extend asset life and ensure optimal asset utilization, but they can also be valuable to finance teams for tracking asset-related expenses. Additionally, APM solutions support compliance with regulatory requirements for asset inspection and maintenance. APM systems leverage data capture, integration, visualization, and analytics to improve operational efficiency and streamline maintenance scheduling. By analyzing real-time data, APM tools identify the most impactful maintenance and inspection activities, enhancing the reliability and performance of mission-critical assets. These solutions can be offered as part of an Enterprise Asset Management (EAM) system or as standalone software. Some business intelligence providers also offer specialized APM tools tailored to the needs of asset management professionals.

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Samsara

samsara.com

Samsara is a fleet management app that provides real-time data analysis, GPS tracking, fuel management, and safety tools for businesses to optimize their operations.

Fracttal One

fracttal.com

Fracttal One is a cloud-based maintenance management software for optimizing asset management, scheduling maintenance, and tracking performance across various industries.

Amper

amper.xyz

Amper helps plant managers enhance productivity by monitoring machine performance and labor efficiency in real-time, providing actionable insights and data integration.

Xempla

xempla.io

Xempla is a decision support system for enterprise asset management that helps operations and maintenance teams make informed decisions throughout the asset lifecycle.