In today’s fast-paced industrial landscape, the effective use of data has become a game-changer for facility management. Data-driven insights are not just about improving efficiency. They’re pivotal ...

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 ...

There’s a lot of pressure for organizations to deliver an AI strategy. Yet, just 1% of executives describe their AI rollouts as “mature,” and only 25% have a well-defined AI adoption roadmap, ...

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 ...

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’ ...

Over the last decade, manufacturing has entered an era defined by rapid technological change and enhanced data generation. While data is abundant, the true power of information lies not just in ...

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 ...