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Use Cases 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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Cisco Connected Real Estate for Healthcare
Cisco Connected Real Estate for Healthcare
Today’s healthcare executives encounter new challenges to providing quality healthcare within their budgets. The world's growing population is increasingly moving back into cities. And governments around the globe are mandating energy savings. This impacts healthcare facilities disproportionately because healthcare buildings use three to four times the energy of a typical building with the high consumption of clinical and business equipment running around the clock. At the same time, the cost of care is rising, a result of advances in the tools, treatments, and techniques used to prevent and cure disease. And yet the financial resources available for health services are limited, even in the richest nations. Hospital administrators must therefore grapple with the need to maintain or increase care levels without increasing budgets. This requires new ways of working, using labor-saving technology and more efficient workflows, and better ways to get the most out of facilities investments.
IT Simplification to Improve the Healthcare Computing Environment
IT Simplification to Improve the Healthcare Computing Environment
Increasingly sophisticated malware attacks can leave healthcare providers in a vulnerable position as they confront the critical need to improve security while also keeping IT costs under control. Concord Hospital has worked hard to cultivate a reputation for clinical and patient service excellence.As an example of its progressive approach to automating health service delivery, Hospitals & Health Networks magazine has named Concord one of the United States’ “Most Wired Hospitals” for several consecutive years. In order to maintain this level of operational excellence, Concord Hospital needed a solution to save time and resources while also improving results for software licensing, patch management, asset inventory and security configuration.
Managing Asset Performance
Managing Asset Performance
Obtaining a single, unified view of overall Asset Health, Status and Performance is challenging:Data Disparity: Data is isolated across islands of information with no common understanding.Data Aggregation: Aggregating disparate data usually results in data swamps with little consistency and reference-ability across assets, operations and processes.Data Organization: Organizing data into canonical forms and standards is manual, time consuming and usually fit for purpose.Data Analysis and Visualization: Nounified view – single pane of glass - to visualize and present the variety of data.Data relevancy: Identifying important and relevant data is usually ad-hoc, reactive and resource intensive.Data Availability: Assets with out sensors or online condition monitoring – difficult to collect health and condition information – manual tasks.

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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