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Thursday, May 09, 2019

Siemens Asset Performance Management (APM) for Power Plants Named as Winner of 2019 Solution Award for Excellence in Asset Management

Bentley Systems and Siemens’ joint solution, Siemens APM for Power Plants, has been named as the winner of the Solution Award for Excellence in Asset Management. The Solution Awards competition is held annually in conjunction with The Reliability Conference and the Maintenance 4.0 Digitalization Forum, recognizing innovative products, software, training, and services for reliability and asset management.

Mark Confer, director of business model development, digital industries at Siemens, said, “It’s an honor for Siemens to be recognized for the work we are doing in the power generation industry. The partnership with Bentley Systems to use of their software as the foundation of our asset performance management solution is the perfect marriage of technology and expertise to advance digitalization in power plants toward higher levels of reliability, availability and ultimately, profitability.”

Siemens’ asset performance management (APM) solution covers the entire power plant, including turbines, generators, pumps, motors, transformers, valves, switchgears, and other equipment that affects plant reliability and performance. Using intelligent models paired with predictive analytics, the solution takes data from multiple sources, applies domain and analytical expertise, and seamlessly integrates the data into a customer’s existing Computerized Maintenance Management System (CMMS)/Enterprise Asset Management (EAM) environment to provide insights, which help to improve maintenance planning, reduce outages, and optimize performance.

“Bentley is delighted to receive this award in recognition of our strong partnership with Siemens and our mutual dedication to advancing infrastructure,” said Mark Biagi, director, digital co-ventures, Bentley Systems. “Many thanks to ReliabilityWeb for recognizing the innovations from Siemens and Bentley to drive asset performance improvement in the global power industry.”

The Solution Awards were judged by Uptime Magazine and Reliabilityweb.com and a jury of independent experts in the reliability and asset management community within the Association of Maintenance Professionals (AMP). The awards were announced at a ceremony during The Reliability Conference in Seattle on Tuesday, May 7.

To view the original press release, please click here.

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