The AI Roadmap for Asset Management: Navigating the E2O Journey
How is AI transforming asset management? AI in asset management is evolving from a concept to a key operational driver within the engineer-to-operate (E2O) framework. Organizations are adopting AI in three stages: Generative AI for easier access to knowledge, use-case driven AI for asset performance management (APM), and custom AI Python framework for creating customized […]
Holistic Asset Management is a Bi-Directional Dialogue
What is Holistic Asset Management? Holistic asset management sets up a two-way communication loop between physical industrial assets, buildings, and human decision-makers. By using digital twins, merging information and operational technologies IT/OT, and integrating SCADA, organizations create a real-time feedback loop. This lets assets regularly report their health through HxGN EAM/HxGN APM integration, while humans […]
Asset Downtime is a Cultural Challenge, Not Just a Technical One
What impact does asset downtime have on an organization? Asset downtime affects more than just production and business operations; it also impacts the qualitative and quantitative well-being of a company. Maintenance deals with burnout and stress. Operations face safety risks and lost yield. Finance manages eroded margins and lost opportunities. IT deals with the pressure […]