Asset maintenance is a component of asset monitoring designed to increase the lifespan of a company’s machinery, devices, and equipment. The process is important for any business serious about keeping ...

IT asset management is the process of accounting for the location and condition of all business assets. The goal is to optimize asset use, so that all asset lifecycles are as long as possible and the ...

Industries that are traditionally asset-heavy, such as utilities, have an extra challenge facing them: performing successful asset performance management on an ongoing basis to ensure those assets are ...

Effective IT asset management (ITAM) is crucial for organizations striving to optimize resources, maintain compliance, and reduce costs. The right IT asset management software can automate processes, ...

IT assets are software, hardware or cloud resources that help businesses run their operations. Managing these assets efficiently is crucial for optimizing productivity, reducing costs and ensuring ...

Automation suppliers and analysts have been touting for years that asset management and maintenance processes, aided by software, can significantly improve production and save bottom-line dollars.

Predictive maintenance is no longer "asset maintenance excellence." It's supply chain resilience engineered into the physical layer of business operations. When critical assets fail unexpectedly, the ...

Manufacturers talk a lot about preventative and predictive maintenance strategies for efficient asset utilization and for preventing equipment failure. Yet, there are cases in which a run-to-failure ...

Monday, October 19, 2020, started out as a typical Monday covering industrial automation technology news—until just before noon eastern time. Then, within a period of two minutes, I received two ...

The objective for asset information handover is for an airport organization to receive from the design and construction team(s) the data and information necessary to effectively operate a newly ...