
Nithiya Parameswaran
VP of Product Management for Asset Performance Management at Aspen Technology | Emerson
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Jun 10, 2026
How industrial AI Is transforming asset performance management
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1:49LeeHOST
But in the context of today's complex industrial landscape, how do you define APM?

Nithiya ParameswaranGUEST
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.

Nithiya ParameswaranGUEST
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.

Nithiya ParameswaranGUEST
[clears throat] And definitely, this, um, the goal of the APM is always to reduce your, uh, asset downtime.
L
4:35LeeHOST
Right.