Why enterprise asset management must evolve into asset performance management

Since the Industrial Revolution, manufacturing processes have undergone several revolutions characterized by ever-greater automation. Today, the fourth industrial revolution, known as Industry 4.0, takes advantage of big data and machine learning to drive smart, highly automated processes.

This guide describes why computerized maintenance management systems (CMMS) and enterprise asset management (EAM) technology must evolve to incorporate asset performance management (APM) and how they should evolve to meet modern organizations’ ongoing demands to do more with less.

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