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SAP Intelligent Asset Management: Maintenance in the Smart Factory

SAP Asset Lifecycle Management
  • SAP
  • SAP APM
  • SAP Asset Lifecycle Management
Bernd Frey

June 28, 2023

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The digitalization of manufacturing has been a pressing concern for years and is now gaining momentum in many companies. While ideas like flying drones and fully autonomous systems remain mostly speculative or limited to pilot projects, a more practical version of the smart factory is already becoming a reality. Increasingly, machines, systems, tools, and vehicles are outfitted with sensors and connected to an IT framework. These elements record, transmit, and analyze data, offering significant advantages to production processes by making them more efficient, flexible, and resilient.

Maintenance and asset management also stand to gain from these technological advancements, though many companies remain hesitant. This makes SAP’s integration of four asset management tools under the umbrella of SAP Intelligent Asset Management particularly timely. By consolidating several solutions that were previously available separately, SAP underscores the importance of maintenance. The approach also simplifies the establishment of end-to-end processes for businesses.

What is SAP Intelligent Asset Management?

SAP Intelligent Asset Management is a suite of four cloud-based applications designed to address various facets of maintenance and asset management. Each of these tools accesses a shared database and can be seamlessly integrated with the others. This flexibility allows companies to comprehensively structure their maintenance strategies end-to-end.

SAP Intelligent Asset Management consists of:

SAP Business Network (SAP BNAC)

This tool provides essential features for the digital management and networking of assets:

  • connects operators, manufacturers, and service providers
  • offers applications for managing assets and exchanging documents
  • provides standardized content for defining documents, models, and assets
  • enables the mapping of digital twins of machines and systems

SAP Asset Strategy and Performance Management (SAP ASPM)

This application focuses on strategy development and performance evaluation of maintenance activities:

  • asset data management
  • execution of risk and criticality analyses based on collected information
  • implementation of maintenance strategies, incl. monitoring of results

SAP Predictive Asset Insights (SAP PAI)

This tool allows data-driven condition monitoring and predictive maintenance:

  • provides performance analyses for all assets
  • includes AI-supported deviation analyses for early fault detection
  • visualizes the condition of all assets (either as a comprehensive overview or in detail)
  • integrates into maintenance and service processes
  • creates digital twins of machines and systems, continuously enriched with sensor data
  • offers 3D visualization of digital twins with status data
  • conducts real-time analyses using standard technical procedures for calculating forces, loads, and material fatigue
  • integrates into core business processes

SAP Service und Asset Manager (SAP SSAM)

This mobile application optimizes on-site maintenance processes:

  • facilitates data exchange between mobile devices and central IT systems
  • mobilizes work order management
  • enables guided maintenance
  • provides information accessible both online and offline

What benefits can be realized with SAP Intelligent Asset Management?

SAP Intelligent Asset Management offers a comprehensive suite that enables total digitalization of asset management.

Each of the four solutions delivers significant value on its own. However, when combined, their benefits multiply, efficiently facilitating end-to-end maintenance strategies.

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Want to find out more about SAP Intelligent Asset Management?

Our experts are happy to provide personalized advice on how you can digitalize and boost the efficiency of your maintenance processes with SAP Intelligent Asset Management.

Schedule a non-binding discovery call! Schedule a non-binding discovery call!

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