Anindya Chatterjee, Global Head of Value Engineering and Data Science for ABB's Process Automation Digital Business Area, discusses how the latest Asset Performance Management (APM) tools, such as digital twins, can help manufacturers ensure reliability of assets and optimise energy consumption.
What is asset performance management (APM)? This ubiquitous term will be familiar to most people working in the manufacturing sphere; however, the advent of industry 4.0 solutions such as artificial intelligence (AI), the industrial internet of things (IIoT) and big data have transformed APM from its traditional condition monitoring role in a single industrial setting…
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