Glossary

What is Asset Performance Management (APM)?

Understanding Asset Performance Management

Asset Performance Management (APM) refers to the processes, tools, and strategies used to optimize the reliability, availability, and efficiency of physical assets. It combines data from EAM systems, ERP Data Quality, and MRO Data to enable smarter decision-making.

By integrating APM into daily operations, organizations can reduce downtime, extend asset lifecycles, and lower total cost of ownership.

Why Asset Performance Management Matters

Effective APM programs address challenges such as:

With accurate data and predictive insights, companies can implement condition-based and risk-based maintenance strategies that improve asset performance and ensure regulatory compliance.

Sharecat’s Role in Asset Performance Management

Sharecat Data Services supports APM by delivering high-quality, standardized, and connected data. Our solutions enable:

By strengthening the foundation of asset data, Sharecat helps organizations realize the full potential of APM.