Articles Tagged: asset management

3 Ways to Maximize Return on Assets with Risk-Based Maintenance

Organizations in asset-intensive industries are constantly challenged to deliver maximum return on assets (ROA) while working with minimal budgets, data integrity challenges and lack of insight into the factors driving… Read more »

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Top 5 Questions from the “Maximizing Asset Reliability and OEE” Webinar

Dan Miklovic is a Research Fellow with LNS Research; he primarily focuses on industrial operations, asset management, and energy management, with collaborate coverage across the Industrial Internet of Things (IIoT),… Read more »

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How You Can Optimize Your Maintenance Today with the IoT

Plant operations and maintenance professionals today work in a challenging environment. Operators and engineers across multiple industries are being pushed to reduce maintenance costs, extend the asset lifecycle and increase… Read more »

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5 Steps for Efficient Motor Management Design

Efficient motor management can bring you to an optimal design of your motor and electrical installation. There is a simple approach that you can apply to every application. It will… Read more »

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3 Steps to Optimizing Your APM Strategy

When a global industrial company wanted to optimize asset performance and reliability, they started with an Asset Performance Management (APM) Assessment. The APM Assessment enabled the manufacturer to use actual… Read more »

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How to Improve Food Manufacturing Safety by Increasing Asset Reliability

Dan Miklovic joined LNS Research in May of 2014 and is now a Research Fellow, his primary focus is research and development in the Asset and Energy Management practices. Dan has… Read more »

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Discover the Future of Digital Transformation

No matter the vertical market, industrial companies today operate under multiple constraints – an aging workforce, increasing regulatory burdens and tighter margins. In order to maintain profitability under these circumstances,… Read more »

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Nuclear Plants Can Boost Reliability with Predictive Maintenance

The rapid growth in electricity demand combined with movements to curtail emissions has created an opportunity for nuclear energy as a zero carbon emission energy source. However, in an industry… Read more »

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Reduce Time to Market With Digital Recipe Management

I’ve written before in this space about the challenges food and beverage companies face, as well as the benefits digital transformation offers. Of all the difficulties manufacturers face – shrinking… Read more »

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Increase Asset Availability, Reliability and Performance with APM 4.0

There is a revolution happening in asset performance management (APM). The intersection of Industry 4.0, the Industrial Internet of Things (IIoT) and technologies such as predictive maintenance, cloud, big data and… Read more »

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Three Ways to Extract Value from IIoT in Food and Beverage

The food and beverage industry is building up an appetite for the Industrial Internet of Things (IIoT). Cloud, mobility, big data, predictive maintenance, Smart Manufacturing and Industrie 4.0 are more… Read more »

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Asset Management Solutions in the Age of IoT

Utilities were once able to ensure grid security and reliability using a minimal amount of asset information from substations, RTUs, relays, transformers, meters, and lines. They relied on an overdesigned… Read more »

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Achieve Operational Excellence with Enterprise Asset Performance Management

Organizations today are focused on improving efficiency throughout every area of the business. From an asset management perspective, they’re leveraging the Industrial Internet of Things and analytics to keep equipment… Read more »

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The Internet of… People?

If you’re like me, you probably have been trying to make sense of IoT. How real is it? What products and services will it impact and when? What do I… Read more »

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Increase Nuclear Equipment Reliability with Predictive Analytics

In an industry that faces much speculation, skepticism and criticism, near perfect performance and operation is critical. Nuclear power plant personnel are expected to run every unit at maximum capacity… Read more »

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What Keeps Facilities Managers up at Night: And How You Can Avoid Counting Sheep Yourself

When we talk to facility managers and C-level site managers, we always try to understand what their pain points are and see how we might be able to help. What’s… Read more »

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Reduce Maintenance Costs with the IIoT and Predictive Asset Analytics

Industrial organizations across multiple sectors are under pressure from shareholders, regulators and customers to increase performance and reliability while keeping costs low. These conditions mean it’s more important than ever… Read more »

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“Predictive” Asset Management Tools: Well Worth the Investment for Utilities

The utility industry is in a state of flux as renewable energy farms share more and more of the grid with traditional energy generating plants. Distributed generation growth and the… Read more »

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Outsourcing data center operations for increased confidence and peace of mind

The ground-level expectation of outsourcing multi-vendor service contracts and optimizing data center operations is that your infrastructure will receive the care and expertise needed to operate efficiently and with minimum… Read more »

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Earning the Role of Trusted Advisor for Data Centers and Energy Management

In my days as a CIO, I viewed some of the best-known technology vendors not as product vendors in the usual sense, but as my trusted advisors. For example, when… Read more »

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Increase Nuclear Equipment Reliability with Predictive Analytics

In an industry that faces much speculation, skepticism and criticism, near perfect performance and operation is critical. Nuclear power plant personnel are expected to run every unit at maximum capacity… Read more »

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BPM software enables business transformation in asset intensive organizations

In the current scheme of things, the dominant global players in the Operational technology (OT) space are all looking at growth by expanding their software capabilities – specifically to address… Read more »

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Unlocking Insights on Energy Efficiency & Asset Management Through Field Devices

Industrial energy use accounts for one-third of the world’s total energy demand. Rising concerns about climate change further heightened the importance of energy efficiency. Policymakers ticked energy efficiency as the… Read more »

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The Digital Twin: Foundation for Fleet Socialization to Optimize Operations

The industry is buzzing right now about the “digital twin” – ARC, Gartner and LNS have all recognized the technology’s potential to transform asset design, construction, operations and maintenance. Applying the digital twin to… Read more »

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How to Improve Food Manufacturing Safety by Increasing Asset Reliability

Dan Miklovic joined LNS Research in May of 2014 and is now a Research Fellow, his primary focus is research and development in the Asset and Energy Management practices. Dan has… Read more »

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Asset Performance Monitoring Saves $1 Million in Potential Transformer Losses

The recent growth of non-traditional Internet-connected devices is often referred to as the “Internet of Things” (IoT) revolution. In the realm of power distribution, IoT plays an important role by… Read more »

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EAM for the IIoT Age

With the growth of asset-related data available through the Industrial Internet of Things (IIoT) and the complexity that comes with sifting through that data, organizations are faced with new operational… Read more »

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Sharing healthcare security fundamentals in Sweden

I recently attended a Swedish Healthcare Security and Safety Director’s conference in Gothenburg on April 25th and April 26th, where over 60 healthcare security leaders from 30+ hospitals across the… Read more »

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Reduce Maintenance Costs with the IIoT and Predictive Asset Analytics

Industrial organizations across multiple sectors are under pressure from shareholders, regulators and customers to increase performance and reliability while keeping costs low. These conditions mean it’s more important than ever… Read more »

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Utilities Squeeze Assets with Predictive Analytics

There are big changes in the utilities industry and they’re coming from all directions: government regulations at both a country and global level are altering how utilities do business, competition… Read more »

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