Broadcasting, Forecasting, Internet of Things and Testing

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

IBM Big Data Hub

JUNE 20, 2023

Digital twins allow companies to run tests and predict performance based on simulations. By coupling asset information (thanks to the Internet of Things (IoT)) with powerful analytics capabilities, businesses can now perform cost-effective preventive maintenance, intervening before a critical asset fails and preventing costly downtime.

Strategy

Strategy Management Cost-Benefit IoT

Asset lifecycle management best practices: Building a strategy for success

IBM Big Data Hub

JULY 5, 2023

It allows the company to run tests and predict performance based on simulations. RFID tags broadcast a variety of information about an asset in addition to its location, including the temperature and humidity of its environment. A digital twin is a virtual representation of an asset that a company intends to purchase.

Strategy

Strategy Management IoT Cost-Benefit

Data Leaders Brief

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

Asset lifecycle management best practices: Building a strategy for success

Webinars

Stay Connected