What is Asset Performance Management?

Meridium’s Asset Performance Management (APM) enterprise solution is reliability software containing a comprehensive set of business processes, workflows and data capture that enables rigorous analysis. In order to improve the performance of production assets, companies can define asset strategies based on best practices, analytics and plant history. Meridium APM software aligns with corporate goals, is tied to key performance indicators, and provides analyses to decision makers about their production assets on an enterprise, plant, system, or equipment level.

Meridium's APM solution delivers enterprise reliability software and work processes that:

• Drive and automate technical data analysis to identify and predict failure occurrence and cause
• Leverage critical asset performance data from enterprise and local sources, which include ERP, CMMS/EAM, process historians, and condition monitoring systems
• Publish key performance indicators to enable identification of improvement opportunities
• Support continuous improvement of operational, surveillance, and maintenance strategies based upon best practice methodologies and analysis
• Push strategies back to execution systems to close the loop and continuously improve asset performance across the enterprise.

With demonstrated low capital intensity and rapid payback, Meridium provides an excellent investment option for improving capacity utilization, safety, process stability and environmental compliance. Meridium solutions deliver sustainable work process improvements, so your investment will continue to yield tangible returns for many years. And as our customers around the world will tell you, Meridium makes all the difference to your bottom line.