As sensors become cheaper and easier to install, the whole process of maintaining equipment and assets is starting to shift from just scrambling to fix problems to getting a hold of issues before they ...

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 ...

Preventative maintenance refers to tasks that maintain assets on a regular basis to optimize performance and prevent unexpected breakdowns that could push up asset tracking costs. Depending on the ...

This article covers some of the leading asset management strategies that help drive efficiencies across plant operations and ...

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 ...

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.

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 ...

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 ...

Electricity grids globally are becoming more complex due to several converging factors. Grids are receiving more renewable energy, which is produced at different times in highly varying amounts, ...

Jennifer Simonson is a business journalist with a decade of experience covering entrepreneurship and small business. Drawing on her background as a founder of multiple startups, she writes for Forbes ...