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 ...

For sectors that rely on expensive machinery, having good asset visibility can significantly affect your bottom line.

In recent years, the Kashima Plant of Mitsubishi Chemical Corporation (Ibaraki, Japan, Fig1) began using Field Device Tool (FDT), a standardized interface specification, to collect information online ...

Management of an organization’s construction equipment fleet helps to ensure that projects are completed on time and within budget. In addition to keeping track of equipment, asset management can also ...

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 ...

AUSTIN, Texas--(BUSINESS WIRE)--Accruent, the world’s leading provider of physical resource management solutions, has launched an asset information management platform that assists manufacturers with ...

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 ...

The autonomy and sophistication of assets continue to evolve as technology advances. That, and stiff competition, leaves no room for error in asset management ...