Remove Cost-Benefit Remove Internet of Things Remove Metrics Remove ROI
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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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12 considerations when choosing MES software

IBM Big Data Hub

Gathering data from machines, sensors, operators and other Industrial Internet of Things (IIoT) devices, they provide accurate and up-to-date insights into the status of production activities. They also support the measurement of overall equipment effectiveness (OEE) , a significant metric used to gauge manufacturing efficiency.

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Interview with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity

Corinium

Life insurance needs accurate data on consumer health, age and other metrics of risk. And more recently, we have also seen innovation with IOT (Internet Of Things). What do you recommend to organizations to harness this but also show a solid ROI? How fast are the advances you’re seeing in AI at the moment?

Insurance 150
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CMMS vs. EAM: Two asset management tools that work great together

IBM Big Data Hub

Machinery, equipment, facilities and vehicles provide economic value or benefit operations. Organizations can’t work effectively if they don’t invest to keep their assets running cost-effectively throughout their lifecycle. Most organizations can’t run without physical assets. Let’s explore these in more depth.

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How to Build a Customer Centric Business: The Complete Guide

Alation

To enjoy the benefits of customer centricity, start by implementing the right habits such as these outlined by Gartner. What Are The Benefits Of Customer Centricity? Explore some additional benefits that a customer centric approach can unlock: Customer Acquisition. Reduce customer acquisition costs. What can we learn?