New Tech Driving Asset Performance Monitoring

Cloud-based machine learning and augmented reality are among the new tools.


Schneider Electric (Andover, MA) recently announced some new developments around their Asset Performance Management solutions – a component of the company’s Industrial Software Platform. According to the company:

  • Cloud-based machine learning and advanced pattern recognition helps improve predictive and proactive maintenance strategies by improving reliability, reducing costs and enhancing safety.
  • Augmented Reality (AR) provides safer and more efficient training. An integrated digital asset model also allows for capturing legacy experience and expertise.
  • Expanded APM consulting and Risk-based Maintenance capabilities help evaluate asset reliability and digital transformation strategy.