Asset Performance refers to a company’s capacity to manage operational resources to generate profitable returns. Asset performance is often used to compare a business’s performance over time or against...
Inventory can be a burden or an asset, depending on how the organisation manages it. That is why a sound warehouse management system is vital to an organisation. An...
Fixed assets are required by some asset-intensive organisations, such as energy, transportation, and infrastructure firms. Capital expenditure is an essential risk for these organisations because it is a vital...
Road Asset Management is a systematic approach to maintaining, improving, and managing the infrastructure that incorporates engineering principles as well as strong business practices and economic logic. In fact,...
Smart and integrated technologies that empower water utility service providers enable a range of digital technologies that are now altering the industry. Companies are using digital technologies to construct...
The manufacturing industry has recently adopted a more data-oriented process since the dawn of industry 4.0. manufacturing machines produce data at an astonishing speed. The amount of data the...
We are now witnessing the advent of the industry 4.0 era, where intelligent digital technologies are overtaking traditional industrial technology suites. Industrial experts are frequently probing the advantages of...
‘Trial and Error’ error is no longer an efficient mode of analytics for data-centric organisations of the new age. This is why they cannot afford to react to data...
The use of IoT (Internet of Things) to optimise the industrial world is a trending topic that we come across every day. Did you know that this technology can...
A digital twin is a digital copy of an object in real life. It can also be a process or even a service. Like the physical factor, the digital...