If funds were unlimited, digital technology could be utilized in countless ways to improve plant performance and reduce downtime. But costs do matter, so taking a graded approach to managing risks and ...

Brightly Software, a Siemens company and the global leader in intelligent facilities asset management solutions, today announced it has completed its transition into the Siemens brand as Asset ...

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 ...

In the first category, measuring asset performance is intended to answer the question: Are the assets meeting their purpose(s), currently and in the near future? In all cases, the purpose of an asset ...

Industries that are traditionally asset-heavy, such as utilities, have an extra challenge facing them: performing successful asset performance management on an ongoing basis to ensure those assets are ...

Utilities that have invested in digitizing their grid have positioned themselves to reap significant rewards as a result. As expected, a digitized grid offers radically improved visibility for ...

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced it has been recognized as a Leader in the 2022 Verdantix Green Quadrant®: ...

In today’s complex commercial real estate market, owning a property is only the first step in creating long-term value. Success depends on a clear strategy, strong execution and the ability to adapt ...

Electricity grids globally are becoming more complex due to several converging factors. Grids are receiving more renewable energy, which is produced at different times in highly varying amounts, ...

IBM said it is rolling out a series of analytics and Internet of things tools to better target asset heavy industries such as manufacturers, oil and gas and utilities. Also: What is the IoT?

Forbes contributors publish independent expert analyses and insights. I cover the impact of AI and Machine Learning on the supply chain. The reality is stark: Even billion-dollar enterprises with ...