IBM Predictive Maintenance and Optimization (PMO) enables asset-intensive organizations to apply machine learning and analytics to improve maintenance strategies while minimizing the cost of maintenance management.
IBM PMO focuses on the needs of the reliability engineer to identify and manage equipment reliability risks, that could adversely affect plant or business operations, to make industrial manufacturing, production processes, and products more efficient and dependable.
Improve asset health and performance through monitoring, maintaining, and optimization of assets for better availability, utilization and performance.
Optimize maintenance schedules with access to multiple data sources in real time to help predict asset failure or quality issues and minimize unnecessary maintenance.
Reduce excess maintenance costs through avoiding costly downtime with improved maintenance schedules, get early warnings on asset failure, plan maintenance with higher efficiency and reduce costs.
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From helping businesses gather data to get real-time information on the assets, the Internet of Things or IoT is extremely beneficial for fleet asset management. The IoT technology can be incorporated in various sectors, starting from agriculture to logistics, and many others. Read this blog to know all about the Internet of Things and its benefits in asset management.
Computerized Maintenance Management Systems are many a time used interchangeably with Enterprise Asset Management system, which are two different solutions. While CMMS and EAM systems do include similarities, they are fundamentally designed to be different from one another, to focus on different functionalities.
Asset management is a comprehensive strategy to maximise the life cycle of your assets, from conception to use, decommissioning and disposal. You may put measures in place to reduce the consequences of these five major risks to successful asset management by identifying and paying attention to them.
An EAM system provides several benefits to a company, particularly those that deploy a large number of assets. Furthermore, did you know that EAM software can help businesses get organised? EAM has shown to be quite effective in enterprises for optimising. It is expected to grow in power in the future.
To help business managers maintain and manage their business assets in a simpler and convenient manner, asset management consultants are offering management software that comes with many advanced features and benefits. Read this blog to know the top 5 reasons why companies should opt for asset management software.
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