Intelligent automation saves millions at frigid oil refinery utilizing real-time daily instrument troubleshooting with a more predictive maintenance strategy. Figure1. Shell Chemicals, Scotford ...

Fixed assets are items used by businesses to help produce income and often have significant value. Fixed assets differ from other business expenses such as paper or ink because the items are used over ...

This guidance document formalizes the VPCIO Equipment Management Lifecycle and Disposition procedures. The lifecycle and disposition procedures ensure that equipment is accounted for and tracked while ...

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 ...

Asset management means different things to different people. But it boils down to converting raw data and observations about equipment and components into information and knowledge that is then used, ...

LONDON, Jan. 23, 2020 /PRNewswire/ -- For any organisation, having an accurate and robust asset register that shows the location, value and condition of assets can help ensure that resources are ...

A technician measures low-voltage load on a medium-voltage/low-voltage distribution transformer. Over the last five years, Indonesia’s economic growth has exceeded ...

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 ...

The Role of AI in Asset Management Key Trends Shaping AI in Asset Management Challenges and Considerations of AI in Asset Management The Future of AI in Asset Management The AI Bottom Line Artificial ...