Optimizing Asset Replacement with
Lumada Asset Performance Management

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Asset replacement is inevitable.
When your assets near end of life, you must make decisions about which assets to replace, when, and how to prioritize your spending and scheduling decisions.

Lumada Asset Performance Management
(APM) provides the insights needed.

Join Hitachi Energy’s Siri Varadan, Director of Global Asset Management Solutions, for a brief demo video highlighting the ways Lumada APM supports an understanding of not only which assets need to be replaced and why but also when.

Watch the demo to understand how Lumada APM features support:

  • Understanding remaining life
  • Identifying asset condition and risk
  • Scoring different assets to develop list of candidates for replacement

See how Lumada APM allows you to prioritize asset replacement at a specific, individual level by considering:

  • Importance of asset
  • Financial details
  • Degradation of the component
  • Age
  • Obsolescence

With Lumada APM, you can also customize the value of different replacement scoring categories to create an individualized replacement candidate list for different assets across your fleet.

The power of the Lumada APM solution is widely recognized. Lumada is positioned in the Leaders category of IDC MarketScape 2020-2021 vendor assessment for Asset Performance Management (APM) for Utilities.

What else can Lumada APM do for you?

event_noteAsset Maintenance:
Take a Deep Dive into Asset Maintenance with Lumada APM

Asset maintenance is ongoing and essential, yet questions abound:
Which asset should you maintain?
What remedial actions need to be taken?

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event_noteAsset Intelligence:
Enhance Asset Intelligence with Lumada APM

You have aging assets and a transitioning workforce. But you need to avoid risk of failure, budget better for asset lifespans, and identify & plan for maintenance needs.

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event_noteIntro:
A Brief Introduction to Lumada Asset Performance Management

In the energy industry, core assets are both costly and critical. You need to effectively manage asset health, prioritize repair and replacement decisions, and minimize risk. As systems grow more integrated and complicated, this can be a tall order.

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event_noteAsset Performance Management for Renewables

Discover how to perform audit analysis of renewable units to visualize their health status and current operating conditions.

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Want more Lumada APM info?

 
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Hitachi Energy Expert

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SIRI VARADAN

Director, Global Asset Management Solutions
Hitachi Energy

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