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Asset lifecycle management strategy: What’s the best approach for your business?

IBM Big Data Hub

The following are the six stages of asset lifecycle management: Planning: In the first stage of the asset lifecycle, stakeholders assess the need for the asset, its projected value to the organization and its overall cost. Reduced maintenance costs and downtime: Monitor assets in real time, regardless of complexity.

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CDW to Acquire Sirius Computer Solutions for $2.5 billion

CDW Research Hub

Delivering Compelling Strategic and Financial Benefits and Strong Cultural Fit. Optimal use of capital, maintaining disciplined capital allocation prioritization. These statements relate to analyses and other information, which are based on forecasts of future results or events and estimates of amounts not yet determinable.

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Asset management vs. parts inventory management: What’s the difference?

IBM Big Data Hub

Here are some of the benefits of effective asset management software: Centralized asset information: Maintenance workers need to know where an asset is and how it’s performing at all times. In order to do this, many use a computerized maintenance management system (CMMS) as part of their overall EAM approach.

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Asset lifecycle management best practices: Building a strategy for success

IBM Big Data Hub

Planning In the first stage of the asset lifecycle, stakeholders assess the need for a new asset, its projected value to the organization and its overall cost. Read this blog post to explore how digital twins can help you optimize your asset performance. The four stages of ALM 1.