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 ...

Asset management means different things to different people. But it boils down to converting raw data and observations about equipment and components into information and knowledge that is then used, ...

An application programming interface (API) allows computer programs to access a DAM, as opposed to a user interface that allows people to access DAM. Developers can use a DAM’s API to create custom ...

Jens Lungaard shares 10 tips for creating an RFP for digital asset management systems that will future-proof your organization. Every vendor that sells a digital asset management (DAM) system will ...

Asset tracking systems help businesses track the physical location, condition, and depreciation of their physical assets. While there is budget-friendly and comprehensive dedicated asset tracking ...

CommentaryAttorney Analysis from Westlaw Today, a part of Thomson Reuters. January 3, 2023 - A trade secret asset is a property asset that must be validated in litigation. There is no public ...

In my last article, I discussed the three kinds of asset performance metrics. Using this knowledge, the next step is to establish your own asset performance management process. While the scale and ...

As companies adjust to new realities in the age of COVID-19, many seek ways to minimize face-to-face work as much work as possible. For organizations whose people do their work mostly on computers at ...

Asset management and physical asset optimisation have emerged as pivotal disciplines in both the engineering and infrastructure domains, influencing economic efficiency and organisational performance ...

When the average manager, engineer and maintenance technician hear the words asset management, their typical response is less than positive. Tell them they have to go to an asset management meeting, ...

Managing assets is one of the most pressing issues facing the electric power delivery industry. Not too long ago, asset managers used simple spreadsheets to keep track of widgets the utility owned.