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Asset Management

Machine Learning in Prescriptive Maintenance

January 22, 2021 tavleen

What is prescriptive maintenance? Predictive maintenance is a method that uses software and methods for data analysis to locate irregularities in the system and potential device and process faults so that you can repair them before they fail. Ideally, predictive

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Importance of KPI in Asset Management

January 22, 2021 tavleen

What is KPI – Key Performance Indicator? A select number of key measures that enable performance to be monitored against targets. Purpose of KPIs The KPI will indicate how well the facility or an asset is doing at attaining its goals, design intent or standards. KPIs help

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Establishing a Predictive Maintenance Program

January 22, 2021 tavleen

Predictive maintenance is a method that uses software and methods for data analysis to locate irregularities in the system and potential device and process faults so that you can repair them before they fail. Ideally, predictive maintenance enables the maintenance

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What are the Best Practices of Asset Lifecycle Management?

January 22, 2021March 1, 2021 tavleen

What is Asset Lifecycle Management? Asset Lifecycle Management (ALM) is the mechanism during the lifecycle to maximize the value created from the properties. Comprehensive management of the asset pool, systematic implementation of programs, and reliable and effective asset management activities

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