Intelligent automation saves millions at frigid oil refinery utilizing real-time daily instrument troubleshooting with a more predictive maintenance strategy. Figure1. Shell Chemicals, Scotford ...

Fixed assets sometimes represent the largest single investments for a business, so every business owner should take the time to develop fixed asset policies and procedures. Fixed asset policies should ...

Fixed assets are items used by businesses to help produce income and often have significant value. Fixed assets differ from other business expenses such as paper or ink because the items are used over ...

This guidance document formalizes the VPCIO Equipment Management Lifecycle and Disposition procedures. The lifecycle and disposition procedures ensure that equipment is accounted for and tracked while ...

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 ...

When you think of asset management, you likely picture large equipment or electronic devices being physically tagged and tracked by asset monitoring software. However, many of these platforms can ...

Katharine Beer is a writer, editor, and archivist based in New York. She has a broad range of experience in research and writing, having covered subjects as diverse as the history of New York City's ...

Asset lifecycle management refers to the strategies used to extend the time that an asset functions. A longer asset lifespan means a more efficient business, so lifecycle management ultimately boosts ...

PLN undertakes a distribution enterprise asset management pilot project to manage performance, cost and risk. Over the last five years, Indonesia’s economic growth has exceeded 6% annually due to ...

The asset management industry is undergoing a profound transformation driven by technological innovation, shifting investor preferences, and evolving market dynamics. To thrive in this new environment ...

IT assets are software, hardware or cloud resources that help businesses run their operations. Managing these assets efficiently is crucial for optimizing productivity, reducing costs and ensuring ...