Asset Performance Management
An operational discipline using real-time sensor data, predictive analytics, and digital twin models to monitor the health and performance of physical assets, predict maintenance needs, and optimize availability and efficiency.
Why it matters
APM is the primary business driver for operational digital twins in asset-intensive industries. It creates the ROI case that justifies the PLM integration and IoT infrastructure investment required to scale digital twins beyond engineering prototypes.
External References
This term appears in
Cite this definition
Finocchiaro, Michael. “Asset Performance Management.” DemystifyingPLM PLM Glossary, 2026, https://www.demystifyingplm.com/glossary/asset-performance-management