According to ABB, Genix APM can provide AI-based predictive maintenance, asset monitoring and reliability, and life cycle analysis support. The company reports Genix APM enables the prioritization of maintenance activites based on predictions informed by AI.
 
“Poor asset availability and reliability is a major problem that results in unplanned downtime and unexpected maintenance costs, and also impedes strategic planning and procurement,” said Rajesh Ramachandran, chief digital officer at ABB Process Automation.
 
“It’s not that industrial customers lack data; it’s that many lack effective ways to use their data to improve operational and business performance.”