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Schneider Electric Extends Enterprise APM Offering through New Partnership with MaxGrip

Collaboration of domain and OT/IT expertise to help customers define and execute APM strategies for maximum return on assets

SAN ANTONIO, Texas – Oct. 4, 2017 Schneider Electric, the leader in digital transformation of energy management and automation, today announced a new partnership with MaxGrip that will enable a more comprehensive asset lifecycle management offering that includes assessment services and risk-based maintenance capabilities. This expanded offering will be available as part of Schneider Electric’s Enterprise Asset Performance Management (APM) solution.

“Conflicting priorities can hamper an organization’s asset management efforts. A successful asset performance management program requires a disciplined approach to technology implementation, effective work processes, and an empowered workforce,” stated Paula Hollywood, Senior Analyst, ARC Advisory Group. “A fact-based risk assessment by an impartial third party can mitigate any conflicts to ensure appropriate technology selection, and to develop work processes based on industry best practices that empowers people to make decisions that deliver value in support of organizational goals and objectives.”

Schneider Electric’s expanded APM assessment delivers a comprehensive view of asset health as a first step of an asset reliability strategy that takes into account business context to benchmark current performance and identify areas for improvement. Expert consultants will address a number of key areas of evaluation such as HSE (health, safety and environment), cost control, resource allocation, use of OT/IT systems and asset utilization. These insights will be translated into a pragmatic action plan to optimize production and improve margins while ensuring regulatory compliance.

“APM assessments are derived from our extensive consulting experience and software offerings. Our services focus on defining and executing risk-based APM strategies using industry best practices.” said Ronald de Kok, Vice President of Marketing and Sales at MaxGrip, “Our partnership enables the use of OT and IT systems in order to improve asset performance and to increase levels of confidence.”

As a result of this partnership, Schneider Electric can offer enhanced APM capabilities that allow customers to better strategize and optimize maintenance execution according to asset criticality for optimal business results. Risk analysis, what if analysis and asset management strategic review can provide detailed insight into asset reliability and performance, facilitating long-term strategic planning. Users can optimize operations by eliminating reoccurring incidents with root cause analysis, inventory management and strategy simulations to identify hidden inefficiency and drive value across the enterprise. An extensive library of asset reliability data and templates allows up to 90% faster time to deployment. 

“Adding risk-based reliability to our Enterprise APM portfolio lets us deliver a more comprehensive offering where the impact can be seen not just at the plant level, but at the highest levels of the enterprise,” said Rob McGreevy, Vice President of Information, Asset Management and Operations at Schneider Electric. “With this addition to our Enterprise APM portfolio, we have the most comprehensive platform, technology and industry expertise to help our customers maximize their return on assets and investment.”

Learn more about Schneider Electric’s Enterprise APM solutions here: http://software.schneider-electric.com/eapm.

About MaxGrip

MaxGrip takes the lead in the area of Asset Performance Management. We are a global software house and a consultancy firm. We create and deploy smart solutions for companies dealing with capital-intensive assets. Our software and services resolve challenges concerning availability, safety, efficiency and reliability. We ensure that companies obtain and maintain full control over assets and future performance, whilst being fully compliant.  MaxGrip was founded in 1997 in The Netherlands and today, MaxGrip has offices and representations in The Netherlands, USA, Malaysia, Singapore and Australia, plus a large global partner network. Clients operate in sectors like Food and Beverage, Oil and Gas, Chemicals, Infrastructure, Utilities, Power Generation and Distribution and Metals.  At MaxGrip we believe it's our business to make the world a safer place and help our clients to focus and be successful in their core business.

www.maxgrip.com

Download this announcement in PDF format.

About Schneider Electric 

Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries.

With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software.

In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency.

We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.

www.schneider-electric.com

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