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What's New in SAP Asset Performance Management 2406

kate_dowle
Product and Topic Expert
Product and Topic Expert
‎2024 Jun 24 1:54 PM
2,979

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We're excited to share the latest news around SAP Asset Performance Management (APM). This blog explores transformative features including AI features such as anomaly detection for enhanced reliability, proactive maintenance planning integration with SAP S/4HANA, enriched asset performance analysis in SAP Analytics Cloud, and improved clarity through terminology updates in several APM applications. Let's explore how these updates empower reliability engineers and asset managers to optimize operations and maximize asset lifespan. 

*for simplicity I may refer in the following blog to SAP Asset Performance Management as APM. The blog topics are structured by APM business capability.

 

Asset Health Monitoring

Discover the Power of Anomaly Detection in SAP Asset Performance Management

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Ensuring operational continuity and minimizing downtime are critical factors in industrial asset management. However, many face the challenge of a resource crunch when it comes to implementing large-scale condition-based maintenance. 

But here's the good news - We are now introducing Anomaly Detection to SAP Asset Performance Management. This revolutionary feature will significantly change the way reliability engineers and business users harness the power of advanced AI technologies in their everyday work processes.

Our solution, which is designed with Reliability Engineers in mind, is a scalable and user-friendly tool that offers accurate asset alerts. It aids in the formulation of preemptive maintenance strategies, highlighting potential issues before they escalate. This in turn, changes raw data into actionable intelligence, which enables the optimal scheduling of maintenance.

The benefits are manifold: enhanced reliability and lifespan of the asset, effective maintenance cost management, boosted maintenance productivity, and a reduction in downtime.

Watch the video to see how to configure and use anomaly detection in this first release:

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Asset Reliability Engineering 

Create Maintenance Plans for Proactive-Type Recommendations Directly in SAP Asset Performance Management

Closed-loop integration between asset strategy and maintenance management has taken another step forward! You can now create maintenance plans for proactive-type recommendations that have assigned task lists directly in SAP Asset Performance Management in the Implement Recommendations app (proactive recommendation should be of subtype Calender or Performance). The maintenance plans are synced to SAP S/4HANA.

You can check the progress of the creation in the Job Manager application. If required you can choose Stop to abort the creation of maintenance plan. This is useful when there are multiple technical objects associated with the creation.

You can also manage the statuses of recommendations based on the master data management processes in maintenance management for SAP S/4HANA.

Watch the video:

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For more information and a step-by-step guide, see Creating a Maintenance Plan for Recommendation. 

 

Asset Performance Analysis

Enhance Strategy Insights with Integrated Assessment and Recommendation Data in SAP Analytics Cloud

With the latest 2406 feature in SAP Analytics Cloud, you can now use Risk and Criticality (RCM) Assessments, Failure Mode and Effects Analysis (FMEA) Assessments, and Strategy Assessments for Classes data, linked seamlessly with recommendation data. This upgrade solves previous challenges reported by users regarding the inability to associate assessment data with recommendation data. Now, reliability engineers and analytics administrators can conveniently visualize and analyze both assessment and recommendation data within a single dashboard. For instance, a user can now observe the assessment details, along with the count of recommendations that are part of each individual assessment.

Users can also bring in any relevant data from the recommendation side as required, enhancing the scope of information at their disposal. 

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Asset Risk Assessment

Risk & Criticality Assessment - Visibility of Action 

A new field Action is introduced in the Assignment section for different technical objects that are assigned to a risk & criticality assessment. This new field is a UX improvement to give better visibility of technical objects with actions recommended in one view. For more information on the actions, see Assessing Asset Criticality Based on the Risk Score.

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Cross-Product Capabilities

Change reference of Maintainable Items to Object Parts in Assign Maintainable Items dialog

In the Assign Maintainable Items dialog, the reference of 'Maintainable Items' has been changed to 'Object Parts' in the following apps to enhance clarity and alignment with SAP S/4HANA:

  • Manage Strategy Assessment for Classes
  • RCM (Reliability-Centered Maintenance) Assessments
  • FMEA (Failure Modes and Effects Analysis) Assessments 

Explanation: Customers define asset hierarchy levels using entities like FL, Equipment, and Object Parts. "Object Parts" now accurately describes detailed asset components (e.g., a pump’s rotor). "Maintainable Item" remains a generic term for any maintainable entity. The screen title "Assign Maintainable Items" stays unchanged, but code sections now specify "Object Parts." This update also sets the stage for future flexibility in terminology.

Example in Manage Strategy Assessment for Classes app:

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Keep in touch

Here's a quick reminder how to keep in touch with all things APM:

See you again soon for the 2407 release update!

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