A common problem for Engineering teams is to measure – and report – on the duration of equipment breakdowns. This deceptively simple metric leads directly into calculations of overall equipment effectiveness (O...
What is Asset Intelligence? Asset Intelligence is a software tool that allows an organization to draw insights from different data sources at once, integrating them into a detailed set of analytics in a sing...
A large part of keeping a company running efficiently and profitably is ensuring that all equipment and machinery is operating optimally. To do so, preventive maintenance needs to be conducted. When small maint...
An Enterprise Asset Management system – Otherwise known as an EAM – offers significant benefits for organizations, it is crucial for success that it is implemented effectively if its benefits are to be fully re...
When it comes to maintaining industrial equipment efficiently, it’s important that you always prioritize those assets that are the most critical for the operation of your business. This will ensure that you max...
There is great value to be realized from an organisation successfully maintaining and managing its fixed assets. Significant financial outlay is required to purchase new equipment and, all too often, businesses...
ISO 55000 is a set of international standards focusing on Asset Management, and originating from the British Standards Institute’s ‘Publicly Available Specification 55’ (PAS 55). The ISO Standard which was rele...