Successful businesses of the future will dominate their markets and industries through a foundation of digital twin technology. These businesses manifest detailed, accurate digital twins of equipment, production lines, and even full-scale plants and the processes within them.
By adopting a Visual APM approach, companies allow users to better understand and interpret the health and risk status of an operating plant in real-time. This approach also breaks down silos and democratizes data access, enabling situational awareness throughout the enterprise from the personnel in the field to decision-makers at headquarters.
As a result, companies that successfully adopt Visual APM will see dramatic decreases in the cost of asset ownership, as more efficient use of maintenance resources reduces direct OPEX costs, while minimized unscheduled downtime reduces the payback period on capital-intensive assets and improves overall enterprise profitability.