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Digitalization Drives Maintenance

Digitalization Drives Maintenance

Performance-based maintenance (PbM) uses results-oriented contracts, digitalization, and KPI-driven monitoring to ensure consistent equipment performance, predictive maintenance, energy efficiency, and cost optimization, with contractors accountable for outcomes verified by third parties.

November 11, 2019 8 min read Utilities
Digitalization Drives Maintenance

What is Performance based maintenance, and why is it important to understand?

How do you ensure your approach to building maintenance is not putting your business at risk? Your facility – and your business – rely on complex equipment. These assets are expensive to own and can pose a real risk to your success if they stop working properly. Imagine an approach to maintenance that doesn’t put your business at risk.

Performance based maintenance is a method of contracting where a building operator or facility manager defines the results they are seeking, rather than the process by which those results are to be attained. Also, included are the standards against which contractor performance will be measured, and positive and/or negative incentives.

We talk about bringing KPI based digitalization, herewith what you will get:

1. Central Monitoring Station: A data driven portfolio view extended up to individual equipment view; Wherein Siemens shall also keep monitoring the performance at our ASC (Advance Service Center), Singapore; – 3rdeye of experts keep monitoring your system and keep sharing Insights with individual malls operations team.

2. Chiller plants optimization: Expect at least 15% of energy reductions at the portfolio level

3. Performance based…

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