As of April, General Motors had about 25% of its 30,000 factory robots connected to the cloud, boosting the automaker's ability to detect and prevent downtime before it occurs. Robots at work are a ...

Asset data is crucial in the power generation industry. Without it, utilities are forced to speculate about how long their assets will last, when they will need repair, and which strategies will ...

Asset management can have a significant impact on the profitability of an asset-intensive organization, so it has become a hot topic in recent years. Poor equipment reliability leads to damaged ...

As part of this ongoing process, we recently surveyed the manufacturing community about applications they have implemented and their plans for acquiring additional functionality over the next three ...

In my last article, I discussed the three kinds of asset performance metrics. Using this knowledge, the next step is to establish your own asset performance management process. While the scale and ...

Understanding why the journey toward digitalization and AI-driven reliability begins with data integrity and matures through awareness, predictability and optimization. Move from manual to automated ...

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 ...

Asset lifecycle management refers to the strategies used to extend the time that an asset functions. A longer asset lifespan means a more efficient business, so lifecycle management ultimately boosts ...

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 ...

Stephanie Trovato is an experienced journalist with a focus on tech and small business. She has written for national web publications like Hubspot, SmallBizClub, and Investopedia. You can find her at ...

Asset management is a pivotal process for any organization. Yet, in its present state, the asset management industry itself is rife with issues such as forgery, multiple versions of the same document, ...