Asset Performance Management

Redefine Asset Management with Real-Time Insights and Predictive Analytics

Effective asset performance management is critical to maintaining operational efficiency and minimizing downtime. As production scales and equipment becomes more complex, relying on manual and paper-based systems creates unnecessary risks and inefficiencies. Manufacturers need modern automation solutions that provide real-time insights and streamline asset performance tracking.

Manual and paper-based tracking systems are no longer sufficient to keep up with the complexities of asset management in the manufacturing industry, so if your plant is struggling with:

Lack of real-time insights

Manual processes leading to errors

Inefficient paper-based systems

Scalability
issues

NeoMatrix Asset Performance Management (APM) is the answer. By replacing outdated manual processes with APM's automated, data-driven approach, you can monitor the status of assets in real-time; increase production without additional equipment purchases and gain access to accurate data on the plant floor.

APM asset performance management enables you to:

Enhance asset management in manufacturing

How NeoMatrix APM Works

As part of NeoMatrix's Manufacturing Enterprise Systems (MES) solutions, Asset Performance Management seamlessly integrates with your plant’s infrastructure, using standardized AOI (Add-On Instructions) for PLC code to capture key process data. This data is transferred between PLCs and your SCADA platform, ensuring real-time information flow. NeoMatrix APM automatically gathers data for OEE analysis, tracks bad parts, and logs fault codes.

Data Collection

PLC Integration: Uses standardized AOI instructions to extract process data directly from existing PLCs.
Data Capture: Captures essential process parameters like production rates, downtime & quality metrics.

Data Transfer

PLC-to-PLC: Data is transferred between PLCs on the plant floor.
PLC-to-SCADA: Data is sent to the overarching SCADA platform for real-time monitoring and analysis.

Data Analysis

OEE Calculation: The system automatically calculates Overall Equipment Effectiveness (OEE) based on the collected data.
Fault Analysis: Total bad parts and fault code reasons are tracked and analyzed.

Visualization and Reporting

Dashboards: Key performance indicators (KPIs) are presented in easy-to-understand dashboards.
Reports: Detailed reports can be generated for further analysis and decision-making.

APM is a powerful tool that captures and analyzes real-time process data through a centralized platform, enhancing oversight and coordination, allowing managers to track performance trends, allocate resources more effectively, and improve overall operational performance.

Redefine Asset Management with Real-Time Insights and Predictive Analytics

APM asset performance management enables you to:

Gain a Competitive Edge with APM in Manufacturing

How NeoMatrix APM Works

Focus on what matters—maximizing asset utilization and improving overall operational efficiency.