SOLUTION OVERVIEW

Asset Monitor
Extend the benefits of OpenText Asset Intelligence and Track to monitor criticalasset performance and health. Go beyond location-based use cases to build
data-driven applications to address today’s business challenges and establish
a framework for tomorrow’s innovation.

Monitor andanalyze asset
health andperformance data,
both historical andreal-time

As an asset is used, it’s condition, health or performance may
be considered more important that its physical location. Thisis especially true in hazardous industries such as oil and gas,manufacturing, and utilities where safety is always a criticalpriority. The Asset Monitor solution delivers condition-based
maintenance and is the starting point to build the models torealize predictive and prescriptive maintenance operations.

Prioritize andoptimize asset
utilization
Eliminate up
to 70% of asset
breakdowns1

1 https://www.cirmagazine.com/cir/IoTrepresents-massive-opportunity-for-industry.
php

Every company is digitally transforming – moving to digital from paper-based or
manual entry business processes. A digitally driven business is able to reduce
costs, improve efficiency and quickly innovate to meet changing customer orregulatory requirements. This transformation has created a gap between acompany’s digital and physical assets. The Internet of Things or IoT provides
the link between the two environments and established processes. Virtually
any physical object can be transformed into an IoT device if it can be connectedto the Internet. Anything from a pill to a skyscraper can become part of an IoT
network by adding digital intelligence to a physical object that was previously
unconnected. The IoT device collects data and shares it – often in real-time –with people or automated systems to perform actions based on that data. Unlike
earlier generations of devices, such as sensors, some IoT devices are capable ofbi-directional communication that allows them to not only report on the state ofa physical item but also begin to automatically manage it. OpenText, a leader inInformation Management, has a suite of solutions to assist customers with this
digital transformation.

Services
Consulting Services
IoT Developer Trial
Professional Services
Managed Services

Monitor and analyze asset health and performance data,
both historical and real-time
As an asset is used, it’s condition, health or performance may be considered more
important that its physical location. This is especially true in hazardous industries
such as oil and gas, manufacturing, and utilities where safety is always a criticalpriority. The Asset Monitor solution delivers condition-based maintenance andis the starting point to build the models to realize predictive and prescriptive
maintenance operations.

Prioritize and optimize asset utilization
Understand how your assets are being used and build models to improve its
utilization. Perform critical condition-based or routine maintenance on establishedschedules. Remove the guesswork from your asset operations and remove
under-utilized assets from the balance sheet.

Eliminate up to 70% of asset breakdowns1
IoT-enabled asset operations deliver capabilities to help you receive and interpret
granular data on asset usage, wear and tear, inventory levels, and asset turnover.
Based on this information, the technology can provide automatic notifications
directly from the asset related to its status and condition. You can quickly andeasily see when an asset is being under-utilized or where it’s operating outside its
optimum operating conditions. With a complete view across all assets, it’s possible
to optimize asset performance at enterprise levels and switch operations toincrease productivity and extend the lifetime of the assets. In addition, the insight
into asset condition and performance allows you to make informed decisions onmaintenance, purchasing and asset retirement.

The potential for IoT-enabled asset management is enormous.
Whether pinpointing inventory, detecting changes to asset
condition, tracing lost or stolen goods or optimizing yoursupply chain, IoT-enabled asset management solutions
provide the tools to improve efficiency in a wide range ofindustries dramatically. However, achieving full success when
implementing the new generation of asset management must
be carefully planned and executed. OpenText’s IoT-enabled
asset management solutions allow you to create a digital twinof all your assets and incrementally layer capabilities to reach360-degree asset visibility at the pace and cost that suits
your business and the developing use cases.

Asset Monitor

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Resource links
The OpenText Internet ofThings Platform
Developer Trial
IoT Blogs

Taking an ‘identity-centric’ approach to IoT allows for the development of an
IoT platform that enables the rapid development and delivery of a wide range ofcomponents to drive comprehensive asset intelligence, tracking, monitoringand eventually transformational insights. Key capabilities of the OpenText IoT
platform include:
Secure device management - Protects all operating assets by automatically andsecurely provisioning, managing and retiring IoT devices across your asset base
Ecosystem integration - Integrates and delivers seamless information flow acrossindustrial enterprise systems. This enables the seamless exchange of sensor-based
information with key business systems - such as ERP, WMS and TMS – and withpeople inside and outside of the organization
Unified messaging - Aggregate information from disparate systems to obtain asingle data feed to enable any-to-any communication. This provides complete
transparency, governance and data tracking and visibility
Actionable insights - Apply artificial intelligence and machine learning to monitor
condition, boost performance and maximize availability of serviceable equipment
and assets

About OpenText
OpenText, The Information Company, enables organizations to gain insight throughmarket leading information management solutions, on-premises or in the cloud. For
more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit: opentext.com.

Connect with us:• OpenText CEO Mark Barrenechea’s blog
• Twitter | LinkedIn

opentext.com/contactCopyright © 2023 Open Text. All Rights Reserved. Trademarks owned by Open Text.
For more information, visit: https://www.opentext.com/about/copyright-information • 01.23 | 21995EN

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