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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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Asset Management helps NASCAR Drive Down Costs
Asset Management helps NASCAR Drive Down Costs
Hendrick Motorsports wanted to coordinate information across 6 warehouses, track usage of approximately 150 components on each car and get the system up and running within four months.
 Transcode Creates a Vehicle Fleet Management solution with Intel IoT Gateway
Transcode Creates a Vehicle Fleet Management solution with Intel IoT Gateway
Problem: Inefficient vehicle fleet management hinders business efficiency, employee productivity, and revenue growth opportunities. - Difficult to manage fleet operations, particularly in tracking their daily activities- Challenge for business owners to monitor their drivers’ behavior and daily productivity. Business owners need to ensure that their drivers are following business rules and policies. 
Field Device Asset Management For Chemical Company in China
Field Device Asset Management For Chemical Company in China
Chinese chemical subsidiary of multinational corporation serves customers throughout the world. Sales offices and research and technology centers are strategically located to provide rapid response to customer requests. Just two workers were assigned to maintain thousands of intelligent instruments in three production units, so they could do little more than react to device issues as they appeared. This costly maintenance method inevitably led to unexpected downtime when a critical instrument failed. Plant management recognized the need to change from reactive to predictive maintenance for all assets, including instruments and control valves, but help was needed in implementing such a technology-based initiative.

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

Source: Cisco

Erik Walenza-Slabe
CEO
Adapt-N
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