In my last article, I discussed the three kinds of asset performance metrics. Using this knowledge, the next step is to establish your own asset performance management process. While the scale and ...

If funds were unlimited, digital technology could be utilized in countless ways to improve plant performance and reduce downtime. But costs do matter, so taking a graded approach to managing risks and ...

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 ...

Utilities that have invested in digitizing their grid have positioned themselves to reap significant rewards as a result. As expected, a digitized grid offers radically improved visibility for ...

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced it has been recognized as a Leader in the 2022 Verdantix Green Quadrant®: ...

IBM said it is rolling out a series of analytics and Internet of things tools to better target asset heavy industries such as manufacturers, oil and gas and utilities. Also: What is the IoT?

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The oil and gas industry, characterized by its asset-intensive nature and complex operations, has historically grappled with the challenges of managing high-value assets efficiently. The SAP ...

Power company leaders face mounting challenges in asset management—keeping aging equipment reliable, integrating diverse assets from renewables to baseload units, and meeting strict reliability ...

Forbes contributors publish independent expert analyses and insights. I cover the impact of AI and Machine Learning on the supply chain. The reality is stark: Even billion-dollar enterprises with ...

Celebrated for driving the future of industrial reliability through digital transformation and predictive intelligence ...