Asset Performance Management (APM) is a market of software tools and applications for optimizing operational assets (such as plants, equipment and infrastructure) essential to the operation of an enterprise. Organizations invest in APM tools and technologies to reduce unplanned repair work, increase asset availability, minimize maintenance costs and reduce the risk of failure for critical assets. These products can also improve an organization's ability to comply with regulations that prescribe how assets are inspected and maintained. APM uses data capture, integration, visualization and analytics to improve operations and maintenance timing, and to identify which maintenance and inspection activities to perform on mission-critical assets.
Computer-Aided Design software is used by designers, engineers, architects, and drafters across several industries to create two-dimensional and three-dimensional models. These 2D and 3D models can be used to explore design ideas, visualize concepts and simulate the physical behavior of a design in the real world. The software provides in-built templates such as flowcharts, mind maps, wireframes, network diagrams, and org charts to create quality as well as detailed design models. The software also allows for instant changes to models enabling collaborative work between team members.
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Gartner defines the operations intelligence platform as a suite of development and runtime software tools that monitor, alert and support interactive decision making by providing data and analytics about current conditions. These platforms have adapters to receive and send data; event processing logic to detect threats and opportunities; rule processing; analytics; dashboards; alerting facilities; and capabilities to trigger responses in applications, devices or workflow tools. The platforms apply to the operational aspects of a business. Business operations are activities that produce, deliver or directly enable goods, services and information products. Applications built on operations intelligence platforms work at the oversight level; they do not directly control work at a detailed level.