The journey to transforming your business operations centres on your physical assets – connecting and digitising them, collecting performance data, and curating it to glean new insights from data turned into information.
But with three in five executives admitting that they struggle to realise value from their IoT initiatives, plus access to assets being limited following the outbreak of COVID-19, getting started –and just as importantly, executing on your efforts is easier said than done.
Recent research suggests unplanned asset downtime can cost organizations an average of $260K per hour. Advances in analytics, AI and hybrid-cloud platforms are combining to deliver enterprise asset management insights which further reduce downtime and optimise maintenance, repair and operations beyond those benefits available with enterprise asset management alone.
So, how can sensors, IoT and AI work together with EAM to help you better understand and manage your assets, workflows and product lifecycles? How do you identify the right use cases for your business, and overcome technical, process and cultural resistance to change? And what does the roadmap for enterprise asset management and asset performance management success look like in your organisation?
Join IBM and a select group of industry thought leaders as we discuss unleashing the power of AI and IoT to enhance APM and why intelligence derived from data is your greatest asset.