Asset Performance Technologies Announces new Rapid Results services offering and the release of Preventance APM Version 2.6 with new Asset Strategy Library content

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For Immediate Release

Asset Performance Technologies Announces new Rapid Results services offering and the release of Preventance APM Version 2.6 with new Asset Strategy Library content

Release adds user requested functionality to accelerate analysis in Preventance APM as well as adding new equipment classes and failure data to the Asset Strategy Library

2/20/2018 Albuquerque, NM – Asset Performance Technologies, Inc. (APT) announces Rapid Results- a new services offering designed to accelerate preventative maintenance optimization and resulting cost savings. APT is also announcing the release Version 2.6 of the Preventance APM™ cloud-based software platform that combines dynamic strategy optimization and analytics with the Asset Strategy Library™ (ASL) content to rapidly optimize any preventive maintenance (PM) program. APT’s Preventance APM software leverages the information in the ASL along with user economic inputs to determine the most cost-effective maintenance strategy for any given component. The outcome is a simple and easily implemented strategy for improving operational uptime and reliability performance.

APT’s Rapid Results program is a one-week onsite engagement designed to assist clients in evaluating the potential benefits of our Preventance APM software platform and consulting services. We spend up to 5 days working side by side with a small number of your team utilizing Preventance APM and with your basic maintenance and cost data, jointly perform an optimization on a subset of your assets. The optimized preventative maintenance (PM) strategies are ready to deploy by the end of the week.

“Our Winter 2018 release delivers new functionality and an improved user experience as requested by the APT User Community. We also continue to expand the Asset Strategy Library with significant additions of commonly found plant components with the associated data on how this equipment fails and how to prevent it” said Asset Performance Technologies CEO, Mark Benak.

Enhancements contained in Version 2.6 of Preventance APM include:

  • the ability to attach related documents to any analysis performed in Preventance APM
  • Quick View pop up of a Task Objective and Scope can now be viewed by clicking anywhere on the Task pane

Asset Strategy Library Release 22.1 increases the Asset Strategy Library equipment count to 783 components, with:

  • 4,941 PM Tasks and Intervals (PM Templates) (6 per type)
  • 56,686 Degradation Mechanisms (FMEA rows) (73 per type)
  • 172,878 As-Found Reportable Condition Statements (219 per type)

The APT Asset Strategy Library is the world’s largest library of failure modes and preventive maintenance (PM) recommendations for equipment in heavy industries. The ASL delivers the most comprehensive database of how equipment fails (FMEA tables) and how to prevent such failures (PM Templates).

About Asset Performance Technologies

Asset Performance Technologies, Inc. (APT) Asset Performance Technologies, Inc. is the company that Plant Managers, CFOs, and maintenance professionals count on to achieve world class asset performance and make the most of their PM dollars. Our revolutionary cloud based Preventance APM software platform combines unique optimization and analytics capability with the APT Asset Strategy Library (ASL) content to rapidly optimize any PM program. Preventance APM sets the standard for PM optimization by dynamically adjusting to changing operating conditions, plant requirements, and market economics.


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