ASSET PERFORMANCE MONITORING & DASHBOARD REPORTING SYSTEMS
Overview
Asset performance monitoring is a key component of reliability management in any organization or enterprise that relies on physical production assets. Simple measures such as tracking the energy usage and throughput of a piece of equipment can provide valuable information about the service requirements of an asset. More recent developments such as sensorization and the industrial internet of things (IIoT) allow asset performance to be monitored with unprecedented clarity.
Asset performance monitoring can provide real-time information about the state of an asset, alerting plant operators to maintenance requirements prior to failure. This also allows plant operators to more intelligently analyze the performance of an asset.