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 ...

IRENA World Energy Transitions Outlook 2024 warned that fragmented data architectures risk reproducing operational ...

Corrective maintenance refers to any tasks that identify and fix faulty equipment or systems in order to restore them to working order. Incorporating it into your management strategy can keep your ...

Advanced analytics solutions empower utilities to predict asset failures before they happen so they can progress from reactive to proactive maintenance. As the digital transformation of the power ...

The company is focusing on enabling autonomous asset optimization in manufacturers through data foundations and predictive ...

It is generally understood within the asset management industry that asset ownership represents 70 to 80 percent of the total cost of an asset over its intended life. In other words, the cost of ...

Nearly everyone in manufacturing, from equipment manufacturers to processing plants, commonly face the challenge of keeping their fleet, machinery, and other assets working efficiently, while also ...

MaintainX reports that maintenance leaders in 2026 must focus on knowledge capture, reframing maintenance as a competitive ...

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 ...

Most construction firms have multiple ongoing projects simultaneously, each with its own assets, such as machinery and equipment and cash flow. This complexity can make overall management challenging ...

We all know the importance of regular scheduled maintenance to keep trucks in top operating condition. Manufacturers set recommended maintenance intervals and fleets adjust those based on their own ...

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 ...