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 ...

LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global plant asset management (PAM) system market report until 2021. This research report also lists 11 ...

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 ...

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, ...

Nowadays, a fast-paced digital environment forces organizations to adopt innovative solutions more quickly and to continually search for ways to optimize existing workflows. These tasks are ...

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 ...

A narrow product focus has isolated IT asset management from business goals and other company assets for too long. Find out how the industry is redefining the asset management value proposition. True ...

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 ...

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 ...

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 ...

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.