The NRX Blog
Shifting the Gears to Success: The Benefits of KPIs in your EAM data
Key Performance Indicators (KPIs) are a crucial tool in evaluating the progress of goals set by businesses. They provide objective evidence that aids in decision making and planning for future projects. Ranging from measuring efficiency, to quality and resource...
One Size Does Not Fit All
Picking the right software for your company is a complicated task. This process is extremely bureaucratic due to the number of people that need to agree upon and approve of the software purchase. Often, the team that chooses or approves the software works separately...
Fixing 10% can make 90% of the Difference
Why is it so tempting to put off doing a corporate data cleanse? Partially, the huge upfront cost. Companies would much rather spend on something that is tangible like brand new equipment, or larger facilities. Then there is the manpower required to efficiently run a...
Data Quality Trust Issues
Your job requires data that has been compiled by numerous different sources and so a certain amount of trust in the work of others is required. What if you find persisting errors riddled in the data that you require to do your job? Are you still able to trust any of...
Culture eats Strategy for Breakfast
Where are you now, and where do you want to be? Plan, idealize, break down each process. Strategize. Make a business report, have it approved. But wait, all of this will be worthless if you cannot inspire your team to carry out your vision. Schedule a Meeting Perhaps...
Execute an Efficient Data Cleansing Project
Today we live in a world where data is a necessary asset at any part of any profitable organization. However, without a proper routine in place to keep data clean, insights and value cannot be fully realized. Before knowing how to execute an efficient data cleansing...
3 Benefits of Smart Factories
Manufacturing units are becoming more and more automated, generating a huge amount of data. In this ever-growing industrial market, data plays a big role in creating incredible value for businesses. It gives companies the insight to eliminate expensive breakdowns in...
ISO 5500X Series Breakdown
Last week our blog focused on the overview of ISO 5500X series. This week we’ll go more in-depth on the 3 standards that make up the series. To give a quick recap of what ISO 5500X is, it guides companies on how to merge asset management, corporate financial and...
The ISO 5500X Series
How do you maximize asset life and improve service quality while balancing costs, risks, and compliance? ISO 5500X compliance series holds the answer. It provides a roadmap for taking control of your asset management operation and creating value on a sustainable...
Investing in your data for the long road
Companies in asset-intensive industries, such as utilities, oil and gas, airlines, industrials, and automotive, can spend hundreds of millions of dollars annually to ensure that their major assets are functioning and providing the level of service needed to execute...