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 ...

LLumin, a provider of enterprise asset management and predictive maintenance software, and eschbach, supplier of the Shiftconnector manufacturing enterprise platform, announced their partnership to ...

Key performance indicators (KPIs) are recognized by most industry practitioners as the motivator of an efficient, data driven organization. Rightly so, however KPIs are often developed arbitrarily and ...

In today’s interconnected world, industrial manufacturers face a constant battle—maximizing asset performance while minimizing downtime. The stakes are high, with every lost hour translating to ...

As India accelerates investments in infrastructure and urban development, gaps in specialised skills related to asset ...

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 ...

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 ...

In the concrete and construction sectors, leased equipment is vital to project success. From concrete mixers to cranes, leasing enables companies to leverage high-performance machinery in a much more ...

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 ...

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 ...