Announcing AssetWise APM v7.3

We are pleased to announce the release of AssetWise APM v7.3. This enhanced version of Bentley’s asset performance management (APM) software – an all-in-one analysis and information management platform for asset reliability and asset integrity – now also manages integrity of safety instrumented systems and hazardous processes.

Some of the key new features include:

  • Safety management – APM users can now manage the integrity of safety instrumented systems and hazardous processes, thereby preventing failures and catastrophic incidents and keeping people, assets, and the environment safer. Capabilities include safety instrumented function (SIF) analysis, safety instrumented systems (SIS), safety integrity level (SIL) and safety provisions, overrides, and incidents. The enhancements include version control and approval, the analysis of loss of containment scenarios, and the identification and assessment of risks at the system level, as well as for related assets (risk matrix).

    Spatial navigation  ̶  Maintenance, reliability, or integrity engineers can quickly identify assets in early warning alarm and/or work that needs attention by asset type or type of problem in a particular geographic area. Flashing alarms and asset health scores displayed on the map provide at-a-glance notification of the severity of the asset problems. Actions can be taken directly from the map, including viewing the asset’s i-model to understand the design basis and compare against the current condition.

  • Production loss accounting  ̶  Users can quickly get started improving assets having a significant impact on production and maintenance costs. In addition, reliability leaders can easily identify “bad actor” assets, prioritizing asset improvement projects and reducing risk.

  • Atmospheric storage tank (AST) analysis  ̶  Risk-based inspections have been extended to include support for AST analysis. Probability and consequence severity evaluations, confidence evaluations, remnant life, and next inspection date now support AST.

  • Root cause analysis (RCA) diagrams  ̶  Expanded RCA capabilities include diagrams that aid in assessing root cause and accurately identifying and correcting the root causes of specific asset failures, as opposed to simply addressing their symptoms.

    To the full list of new capabilities, see the What’s New document below:

What’s New in APM v7.3 document as posted on the Bentley Community for APM:

APM Product Collateral:

AssetWise APM Strategy Development

AssetWise APM Asset Health Monitoring

AssetWise APM Online Data Collection Connector

AssetWise APM EAM Connectors

APM Product Family Brochure


            APM Product Web Pages:

Want to learn more?

Watch for Bentley’s announcement on upcoming online (live) training for APM v7.3 and mark your calendar for the webinar Advancements in APM – What’s New in v7.3. to be held on April 23 (invitation/registration to be send in separate email). If you have a LEARN subscription you can view detailed R7.3 delta training on demand via the LEARNServer (coming soon in 2015). If you have any questions or comments regarding APM v7.3, please reach out to

Senior Director, APM Development Rob Churchman

Director, Application Marketing, Asset Management & Operations: Sandra DiMatteo