Seasoned manufacturing professionals know the assets that make their products – the assembly robots, CNC machines, and conveyor belts – are just as important as the final products themselves. These ...

Daniel Penn Associates recently asked members of LinkedIn’s Association of Asset Management Professionals Group “What is the maintenance strategy that you use the most with your organization?” The ...

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 ...

Rohit Prakash is cofounder and CEO of Coast, a leading CMMS/EAM software designed to help businesses manage maintenance their way. Most of today’s asset management teams are stuck in a cycle of ...

Artificial intelligence (AI)-enabled predictive maintenance is now becoming a key component in the pursuit of enhanced reliability and cost-effectiveness in the power industry, and as it continues to ...

Let’s assume the asset management plan you use currently is fine. Your machines are always up and running, and you only ever spend a fraction of the maintenance budget on replacing parts. But ‘fine’ ...