Aum Universal

Valued Solutions
Core Services
 Digital Transformation – IoT and Analytics
 Cyber Security
 Software product development and Agile coaching
 Project management and Execution

Allied Offerings
➢ Training and Product Documentation

➢ Market Research and Competitive analysis

Agenda – Asset Performance Management (APM)
➢ Definition and Concepts
➢ Overview of related technologies
➢ Need for APM
➢ Key Elements of an APM
➢ Typical Architecture
➢ Implementing Considerations
➢ ROI
➢ Stakeholders - Goals and Concerns
➢ Project Challenges
➢ Key to Success

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 Asset Performance Management (APM) Software
Asset performance Management (APM) is a software system
designed and built to monitor, manage, and improve the asset
reliability and availability of physical assets. Mechanical (Turbines,
Motors, Generators, Static equipment), Electrical (UPS) or other
equipment in a plant.

Asset performance management (APM) encompasses the

capabilities of data capture, integration, visualization and analytics

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 APM – Related definitions and concepts
Availability is the probability that an item will be in an operable state and is generally defined
as uptime divided by total time (uptime plus downtime).

Reliability is the ability of assets and processes to perform over time at the expected levels
consistently under all defined operating conditions.

Enterprise Asset Management (EAM) is a system of record, documentation, and managing

work orders for maintenance activities. E.g. Maximo (IBM), SAP, Infor. Key aspects of EAM s
include asset information management, work order management, materials management,
labor management, service contract management, financial management, and reporting.

Asset investment planning (AIP) is an approach and now a category of software applications
to assess and prioritize capital investment options ― specifically investing in
physical assets used to produce or deliver goods or services (LNS research)

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 APM Focus

Lifecycle activities and asset care - availability,

reliability, dependability and safety

Asset location, condition, life extension and/or

interventions

Asset databases, systems (and IT) and

performance

Budgets and key performance indicators (KPIs) /

cost of maintenance and current performance

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 APM Evolution

Aum Universal Source: LNS Research 7

 Key Components of APM

Condition Predictive Reliability- Asset

Based Asset Centered Strategy &
Management management Maintenance Risk
• Alerts • Machine • RCA Management
• Rule Engines Learning • FMEA • Weibull
• Neural Analysis
Network • Risk Based
Analysis Inspection
• Simulation • Safety Integrity
Level

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 APM – Interconnect

Aum Universal Source: Gartner

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 APM – Adoption driving factors
Integrate
software
functional
silos

Single
source of
truth

Safety,
Risk and
Complia
nce

Optimize
O&M
costs

Increase
Productivity

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Aum Universal Source: Gartner 11
Typical Architectural Blocks

Application and
Tools
Analytics

Data Conditioning
Hosting (On-
premise, edge, (Cleansing,
cloud) aggregation,
anomaly detection)

Connectivity with
Security

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 Some Implementation Considerations

Cloud/On-Premise

Existing
systems/capabilities

Built-in Security

Interface –to
EAM/ERP/FMS

Analytics

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ROI – Measurement Parameters

Cost Savings Enhanced Usability

Increased Enhanced Market

Efficiency/Productivity Share

New Business
Stay Ahead of
Models/Revenue
Competition
Streams

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Stakeholder Goals, Departmental concerns

• Align with overall strategy

Business • Business case
• Process impacted
Perspective • ROI

• Technology
• Security
IT • In-house expertise
• Maintainability

• Operations impact
• Process change
OT •
•
Ease of use
Training
• Job security

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Engagement and Execution Cycle

Foundation
Show Value
Discovery
Sessions Quantify
Technology
Demonstrator Maximize Benefits
Pilot
Full
Implementation

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Digital Projects - Challenges
Cost Uncertainties
Ambiguous ROI
Take-off
Technology Choice
hiccups
Fit for purpose
Customization

Time to completion
Internal expertise
Budget overruns
Incomplete preparedness
Lack of clear requirements
Failure Causes Cyber Security
Invalid assumptions
Third party integration
Scope creep
Planning and coordination for third party
POC to production discovery and surprises

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Key to project success
Management approval, buy-in

Business Case

Involving the right people

In-house, External, Partnership, Ecosystem

Technology
Platform, Components (HW and SW)

Strong Execution
Project Management

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Thank You!!

M +91 9867613415
girisharalikatti@aumuniversal.com
aumuniversal@gmail.com

www.aumuniversal.com

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National Thank
Productivity
Council You!
Q&A
girisharalikatti@aumuniversal.com
+91 9867613415

kg.ramdass@npcindia.gov.in
+91- 8169039962
Website : http://www.npcindia.gov.in

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