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Optimized Asset Management: What It Looks Like in Practice

Reactive maintenance remains a costly problem across sectors, even at organizations investing in sensors and predictive technology. When left unaddressed, it creates a measurable drag on organizational performance. This translates to unplanned downtime, inefficient resource allocation and compounding operational disruptions, resulting in higher operating costs, lower asset utilization and reduced profit margins.  

But there’s growing recognition that improved asset management can reverse this drag. In part one of our blog series, we introduced how combining Enterprise Asset Management (EAM) and Asset Performance Management (APM) can drive measurable performance improvements.

In this blog, we go a step further to explore how these solutions work together to drive results. What does “better” really look like in practice? Let’s examine the value streams organizations can expect from an integrated approach.

   

Moving from Theory to Action

Moving from reactive maintenance to proactive asset management begins with unifying EAM and APM. When brought together, EAM’s strength in execution and APM’s strength in intelligence enable organizations to operate with greater clarity, agility and control.

This unified approach allows for better-enabled workflows, more informed planning and improved visibility into asset risk, cost and performance—leading to more effective asset lifecycle execution.

   

How Unified Systems Drive Asset Success

Hexagon offers HxGN EAM and HxGN APM: two first-class solutions to deliver improved asset management performance by combining transactional data with asset risk, cost and performance objectives. HxGN EAM provides the tools to plan, schedule and execute maintenance tasks efficiently. Meanwhile, HxGN APM complements this with the ability to monitor strategy effectiveness, contain risk and support smarter decisions across the asset lifecycle.  

Here are six ways these solutions work together to deliver real-world value:

Quantitative Identification: Use historical work order data in combination with analytics to identify underperforming or high-risk assets. These insights point directly to the greatest opportunities for performance or reliability improvement.

Continuous Evaluation: Centralize and automate the evaluation process by integrating preventive maintenance records, condition monitoring and advanced analytics. This continuous feedback loop supports more effective asset strategies that adapt in real time.

Act on Threats-: Gain early warnings about asset health using predictive models. Then, convert those signals into prioritized actions, automating inspection or maintenance work orders before failure occurs.

Asset Benchmarking-: Use operational data to compare asset performance across facilities or against peers. These insights guide optimization of maintenance plans and help avoid unnecessary cost or risk.

Maintenance Execution: With clearer visibility into condition and risk, teams can better prioritize inspections and repair tasks, reducing unplanned downtime and eliminating wasteful over-maintenance.

Functional Alignment: Cross-functional collaboration improves when multiple departments—engineering, reliability, operations—share access to the same asset insights. This alignment leads to faster decision-making and more cohesive asset strategies.

Together, HxGN EAM and HxGN APM provide a comprehensive, data-driven approach to asset management that improves maintenance work efficiency, asset reliability and operational resilience and agility.  

    

The Business Value Across Industries

Organizations are increasingly refusing to accept equipment failure and downtime as legitimate business costs. That shift is being driven not only by frontline teams but also by executive recognition that poor asset performance can directly impact revenue, customer satisfaction and safety.

Let’s explore how this unified approach benefits specific industries:

  • Oil and Gas: Companies can assess asset risk against regulatory standards and operational benchmarks, reducing uncertainty and increasing confidence in maintaining uptime and compliance. 
  • Food and Beverage: Capacity constraints and demand surges put intense pressure on uptime. EAM and APM help ensure predictable production at the lowest sustainable cost by preventing unnecessary shutdowns and supporting optimal facility utilization.
  • Water Utilities: Public utilities can improve service reliability and safety by moving from reactive maintenance to more strategic asset planning—reducing emergency repairs and better aligning with infrastructure investment strategies.

    

For organizations caught in a cycle of reactive maintenance, the combined value of HxGN EAM and HxGN APM is clear: better planning, earlier risk detection and smarter execution across the board.

Watch our on-demand webinar to explore more of how HxGN EAM and HxGN APM work better together by maximizing work execution and monitoring asset strategy effectiveness.