Use Cases Automotive Asset Health Management (AHM)

Asset Health Management (AHM)

Asset Health Management refers to the process of analyzing the health of an asset as determined by operational requirements. The health of an asset in itself relates to the asset's utility, its need to be replaced, and its need for maintenance. It can be broken down into three key components: 1) Monitoring: Tracking the current operating status of the asset. 2) Diagnostic Analysis: Comparing real-time data to historical data in order to detect anomalies. 3) Prognostic Analysis: Identifying and prioritizing specific actions to maximize the remaining useful life of the asset based on analysis of real-time and historical data.
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3M Gains Real-Time Insight with Cloud Solution
3M Gains Real-Time Insight with Cloud Solution
The company has a long track record of innovative technology solutions. For example, 3M helps its customers optimize parking operations by automating fee collection and other processes. To improve support for this rapidly expanding segment, 3M needed to automate its own data collection and reporting. The company had recently purchased the assets of parking, tolling, and automatic license plate reader businesses, and required better insight into these acquisitions. Chad Reed, Global Business Manager for 3M Parking Systems, says, “With thousands of installations across the world, we couldn’t keep track of our software and hardware deployments, which made it difficult to understand our market penetration.” 3M wanted a tracking application that sales staff could use to get real-time information about the type and location of 3M products in parking lots and garages. So that it could be used on-site with potential customers, the solution would have to provide access to data anytime, anywhere, and from an array of mobile devices. Jason Fox, Mobile Application Architect at 3M, upped the ante by volunteering to deliver the new app in one weekend. For Fox and his team, these requirements meant turning to the cloud instead of an on-premises datacenter. “My first thought was to go directly to the cloud because we needed to provide access not only to our salespeople, but to resellers who didn’t have access to our internal network,” says Fox. “The cloud just seemed like a logical choice.”
Marathon Petroleum Develops Collaborative Strategy for Optimizing APM
Marathon Petroleum Develops Collaborative Strategy for Optimizing APM
Since 1999, Marathon has been utilizing Asset Performance Management (APM) from Meridium (now acquired by GE Digital) for its day-to-day reliability needs across a number of its business units, and currently has over 1,300 APM users. After implementing SAP, Marathon found that the modules were deeply customized and difficult to adapt to the existing reliability program. As a result, Marathon began looking into how to improve its overall operational support
Bellagio Fountains Dance with Echelon Technology
Bellagio Fountains Dance with Echelon Technology
The Bellagio Hotel needed a fast, accurate system to detect problems and alert maintenance employees to a malfunctioning fountain. The fountains are a contributor to the hotels revenues, and a failure can cost the hotel millions in sales and repairs.

From 2013 to 2022, the market for overall asset efficiency improvements potentially accumulates to USD 2.5 trillion.

Source: Cisco

Erik Walenza-Slabe
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