Leveraging real-time data for proactive asset management
In asset-intensive industries, performance, risk, and resilience are now deeply interconnected, as volatile operating conditions, tighter regulations, and sustainability pressures expose the limits of traditional, schedule-based maintenance. This article explores how proactive asset management, powered by Asset Performance Management (APM) and real-time data, is shifting maintenance from a cost centre to a strategic capability by enabling early failure detection, predictive maintenance, and business-aligned decision-making. It examines the economic value of real-time insights, APM’s role as the foundation for proactive operations, and the organisational enablers needed to scale these capabilities—showing how rising risk, resilience, and sustainability priorities are pushing asset performance onto the board agenda as a key driver of long-term value and competitive advantage.