Industrial Asset Maintenance & Performance Management

Asset Performance Management Software

Asset Performance Management (APM) software helps industrial organizations monitor asset performance, predict equipment failures and optimize maintenance, reliability and operational performance. It integrates data from operational technology (OT), sensors, historians, CMMS, EAM and other enterprise systems to provide a comprehensive view of asset health. Using advanced analytics, machine learning and physics-based models, APM solutions generate insights and recommendations that improve equipment reliability, extend asset life, optimize maintenance strategies and enhance production performance across the entire asset lifecycle.

APM software addresses critical business and operational challenges faced by asset-intensive industries. It helps organizations prevent unplanned equipment failures, reduce maintenance costs, improve asset reliability and availability, and increase operational efficiency and production throughput. The software also enables firms to move from reactive or time-based maintenance to predictive and reliability-centred approaches, helping them make better risk-based decisions. In addition, APM solutions support workforce knowledge retention, mitigate skilled labour shortages through embedded expertise and AI-driven guidance, and contribute to sustainability goals by improving asset efficiency, reducing energy consumption and lowering emissions.

Key capabilities

Alert and Case Management
Asset Health
Asset Investment Planning
Asset Management
Business Intelligence and Analytics
Data Capture - Imaging Systems
Data Capture - Mobile Devices/Apps
Data Capture - Sensors & Industrial Systems
Data Management
Environmental Performance
Incident Investigation and Root Cause Analysis
Information Management
Integration - Business Software
Integrity Management
Performance Optimization
Predictive Maintenance
Prescriptive Maintenance
Reliability Analysis
Risk Management

Common use cases

Asset Performance and Predictive Maintenance
Asset Performance Monitoring
Maintenance Strategy Optimization
Predictive Maintenance
Remaining Useful Life Forecasting
Risk-Based Inspection Planning

Evaluating Asset Performance Management Software?

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Asset Performance Management Software

What does Asset Performance Management Software do?

What problems are solved by Asset Performance Management Software?

Key capabilities

Common use cases

Evaluating Asset Performance Management Software?

Who it's for

Common integrations

Which functions and work specialisms are typically served by Asset Performance Management Software?

Asset Integrity & Reliability

Maintenance & Reliability

Manufacturing

Power Plant Maintenance & Reliability

Production & Operations - Oil & Gas

Rail Infrastructure Management

Solutions in Asset Performance Management Software

ABB Ability™ Asset Performance Management (APM)

Aspen Mtell

AVEVA APM

Baker Hughes Cordant

Gridscale X

Honeywell Forge APM

Honeywell Forge Performance+

Mindsett PRISM

SAP Asset Performance Management

IBM Maximo Application Suite Maintenance Essentials

IFS Cloud

Yokogawa Asset Performance Management

C3 Agentic AI Platform

Newton

PlantOS

APM Mechanical Integrity

Cenosco IMS Suite

GE Vernova APM

Hitachi Energy Lumada APM

Integrity Management System (IMS)

SymphonyAI IRIS Foundry

AssetWise

AssetWise Reliability

Rockwell Automation Plex APM

Aspen Mtell

Veracity

NEXUS

Octave HxGN APM

Wood Asset Performance Solutions