Physical asset management definition A physical asset is any tangible item a company owns and utilizes to generate value. These assets include infrastructure, buildings, equipment, vehicles, and...
If you’re standing still, you’re falling behind. We know that’s true for our customers who want to be on the leading edge of their industries. And it’s true for us here at Real Time Networks, too....
Welcome to Industry 4.0, where manufacturing and production processes are transformed by a new generation of network technology, data-driven decision-making, and real-time optimization. This article...
What is asset maintenance management? Asset maintenance is the business practice of preserving a company's assets. Those assets could be anything from equipment and facilities to machinery and...
As your organization grows, keeping track of tools, equipment, handheld electronics, and other assets becomes increasingly time-consuming and labor-intensive. That is why so many organizations look...
Today’s volatile economy makes it difficult to plan equipment budgets. So it is no surprise that many organizations are actively seeking any new methods to make their equipment costs more...
