Traditional asset performance management (APM) is breaking under the weight of modern industrial complexity. Today’s industrial environments generate orders of magnitude more data across far more complex, distributed operations than the systems managing them were ever designed to handle. This creates a growing gulf between the data enterprises generate and their ability to act on it. At the same time, industrial manufacturers face mounting pressure from all sides: volatile market conditions, rising costs, tighter margins, net-zero emission targets, and uncompromising safety requirements. Many enterprises have set ambitious goals towards achieving digital transformation and Industry 4.0 initiatives, yet the reality of day-to-day operational challenges hinders progress.
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