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Nithiya Parameswaran

Nithiya Parameswaran

VP of Product Management for Asset Performance Management at Aspen Technology | Emerson

Jun 10, 2026

LeeHOST
1:49
But in the context of today's complex industrial landscape, how do you define APM?
1:55
Sure.
1:56
So, uh, APM, uh, in very simple terms, what we can say is it takes the traditional maintenance practices, like preventive maintenance, to the next level by taking data, right? So it's a data-driven strategy in transforming the existing maintenance practice to more predictive and prescriptive, and ultimately, to more an optimized, uh, maintenance plan.
2:22
So that's what APM tries to do, right? And, uh, the traditional EAM systems are more focused on, I would say, reactive and preventive, whereas APM today is using data, using AI technologies, is to take it to the highest level, which is optimized maintenance program.
2:42
[clears throat] And definitely, this, um, the goal of the APM is always to reduce your, uh, asset downtime.
2:51
You want to, uh, increase your, uh, uptime of the asset.
2:54
At the same time, you want to lower your maintenance cost.
LeeHOST
4:35
Right.

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