There’s a lot of pressure for organizations to deliver an AI strategy. Yet, just 1% of executives describe their AI rollouts as “mature,” and only 25% have a well-defined AI adoption roadmap, ...
Let’s assume the asset management plan you use currently is fine. Your machines are always up and running, and you only ever spend a fraction of the maintenance budget on replacing parts. But ‘fine’ ...
Rohit Prakash is cofounder and CEO of Coast, a leading CMMS/EAM software designed to help businesses manage maintenance their way. Most of today’s asset management teams are stuck in a cycle of ...
Relationships between asset data utilization and maintenance strategies often get complicated, especially in cases where data collection practices are designed to merely follow and not build ...
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 ...
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.
The autonomy and sophistication of assets continue to evolve as technology advances. That, and stiff competition, leaves no room for error in asset management ...
The process of continually tracking equipment and asset health gives operations a foundation for establishing predictive maintenance strategies by enabling early detection of potential issues before ...
Over the last decade, manufacturing has entered an era defined by rapid technological change and enhanced data generation. While data is abundant, the true power of information lies not just in ...
Growth brings plenty of opportunities to a business, but it can also magnify inefficiency. A maintenance process that works for one location or just a handful of assets will eventually fail as you ...