Asset Performance Management2024-02-05T17:53:06+00:00

Vidya Technology: Leading industries to Asset Performance Management

Vidya Technology provides digital asset performance management (APM) solutions to help industries improve their operational and maintenance performance. Our customizable applications are designed to meet the specific integrity needs of our clients and deliver measurable, scalable, and fast results.

How Vidya’s solution lead operations towards Asset Performance Management

APM refers to an unified strategy that streamlines the process of maintaining assets through the capability of capturing accurate data, integrating it with aided visualization, and analytics to generate forecast regarding the availability, performance and reliability of assets – Gartner. Here’s how vidya’s applications interact with APM:

APM Disciplines

Integrity Management

Reliability

Asset Health Monitoring

Availability

Maintenance of Physical Assets

Vidya System APM
vidya technology logo
Vidya System Platform

Vidya Platform integrates asset integrity management, health monitoring, reliability, maintenance, and availability through software capabilities for data capture, integration, analysis, and visualization.

What is Asset Performance Management (APM)?

Asset Performance Management is the next frontier in industrial operation and maintenance. It is about using data and analytics to improve decision-making. This leads to significant improvements in efficiency, reliability, and cost savings.

However, APM isn’t just about support – it’s about proactive management.

Why adopt an Asset Performance Management strategy?

In today’s digital age, APM is particularly important for heavy-asset industries such oil and gas and mining, where assets are often complex, expensive, and operate in harsh environments.

Unplanned downtime can have a significant impact on profitability, safety, and the environment. Thus, APM comes as a management process for enhancing uptime and saving costs.

One of the primary goals of APM is to have a broad range of maintenance capabilities, skills, and tools to match the needs of different asset classes. This is important since different asset classes have different maintenance requirements.

In today’s performance management landscape, the focus is on maintaining the health of these assets to meet stakeholder, regulatory, and production demands.

APM steps in as a supportive process, helping owners and operators achieve:

  • Sustainable productivity
  • Reliability and availability of physical assets
  • Reduce downtime and unplanned outages
  • Extend the life of assets
  • Reduce maintenance costs
  • Improve safety and compliance
  • Condition monitoring
  • Predictive forecast
FPSO topside with equipment highlited in red within Vidya Software Platform
corrosion being classified by AI Computer Vision
corrosion anomalies in metal structures

How does Vidya Technology orchestrate APM?

Our platform and its wide range of applications are part of an APM process designed to support owners and operators in achieving sustainable asset productivity. We harness the power of digital technology and analytics to improve the reliability and availability of your physical assets.

APM Disciplines

Integrity Management

Reliability

Asset Health Monitoring

Availability

Maintenance of Physical Assets

Vidya System APM
vidya technology logo

Vidya Platform integrates asset integrity management, health monitoring, reliability, maintenance, and availability through software capabilities for data capture, integration, analysis, and visualization.

Applications for Asset Performance Management

Vidya delivers results used for the APM strategy through five main applications

digitalized offshore plant

corrosion

coating

integrity maintenance

risk evaluation »

structural anomalies

risk evaluation

integrity »

Aerial view of a ship in the sea

Naval Digital Tracking

hull integrity

pitting

thickness loss »

oil-and-gas-petrochemical-industrial-refinery-plan

predictive maintenance

alerts management

failure prediction »

Corroded FPSO hull

Digital Hull Tracking

hull integrity

anomalies mapping

structural degradation

risk evaluation »

Our company is trusted by:

Our company is trusted by:

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