Business

SAP Delivers Insight, Optimization with SAP Intelligent Asset Management (MESA)

SAP has introduced SAP Intelligent Asset Management, a set of solutions bringing collaborative asset intelligence, planning, prediction and simulation to equipment maintenance and operations.

Assets and equipment today are transmitting their voice through the Internet of Things (IoT) and embedded in technologies that allow them to be managed in an entirely new way. SAP is adding intelligent capabilities to help manufacturers and asset operators maximize productivity, improve operational safety and reduce maintenance costs through better planning.

“Industrial managers know that it’s no longer sufficient to be reactive when it comes to managing assets. Companies need a collection of technologies to support new services and to substantially reduce unplanned equipment downtime,” said Greg Gorbach, vice president, ARC Advisory Group. “Sensor-enabled equipment, digital twins, a common data set and machine learning–based predictive capabilities are all required. An intelligent approach is to deploy integrated technologies and enable collaboration among networked stakeholders who can access shared data in support of common business goals.”

SAP Intelligent Asset Management solutions comprise five cloud offerings that share a common central asset data foundation. They enable full digital representation of physical objects, including real-time sensor data for end-to-end visibility and real-time insight across the operating landscape of connected assets. SAP Intelligent Asset Management takes advantage of SAP Leonardo technologies, such as IoT and machine learning, to deliver sensor-enabled insights, automation and predictive maintenance. It uses digital twin technology for simulations, 3D visualizations and predictive engineering insights. SAP Intelligent Asset Management solutions complement SAP S/4HANA and ERP solutions.