Structuring and deploying an APM strategy

Average peak system availability across industrial facilities is usually between 85% and 95%. While this performance standard may seem adequate, unplanned downtime  usually leads to profit losses of between30% and 40% annually.

These losses are a result of:

• Capital depreciation resulting  from post-downtime asset
• Overuse (trying to make up for  lost production)
• Paying workers overtime to apply repairs
• Flying in materials or spare parts
• Substandard/lost product resulting  from asset malfunction
• Failing to meet unit demand
• Redeveloping an existing site
• Supporting your company’s  green image
• Managing existing power demands
• Improving Corporate Social Responsibility (CSR)
• Improving a facility’s electrical resilience against utility failures