The NRX Blog
Why Asset Hierarchy is the Foundation of Effective Industrial AI
Reports have found that data issues impact 60% of AI implementation efforts in asset-heavy industries, and this shows how data quality remains one of the biggest barriers to success. The value of industrial AI lies not just in algorithms but in the data those...
Building a Smart Asset Hierarchy: Best Practices for Industrial AI Integration
Nearly 70% of industrial companies say data quality and structure are the biggest obstacles to successful AI initiatives. In industrial operations, data drives insight. Yet, without the right structure, even vast amounts of asset data lead to inefficiency. An...
How Data Extraction Enhances Asset Verification Accuracy in Plant Walkdowns
According to Deloitte, 40% of an industrial asset’s total cost of ownership is influenced by data quality and lifecycle information. Reliable data extraction during plant walkdowns improves asset verification and helps teams maintain accurate and current asset...
The Ultimate Guide to Plant Walkdowns: Streamlining Asset Verification Through Field Inspections
According to McKinsey, up to 30% of data in industrial operations is inaccurate, incomplete, or outdated, which can cause substantial inefficiencies and safety risks in return. Plant walkdowns are critical in addressing these data gaps. These structured field...
Why APM is Critical in MAS9 and How It Transforms Asset Management
According to McKinsey, predictive maintenance powered by APM can reduce maintenance costs by 15 to 30% and unplanned downtime by up to 50%. These results demonstrate why APM (Asset Performance Management) is no longer optional in modern EAM strategies, especially...
What’s New in MAS9? Key Benefits for Asset Managers and Why Data Quality Matters More Than Ever
The global EAM market is projected to reach $13.69 billion by 2032, driven by the growing demand for cloud-based CMMS tools and digital twin capabilities. In this evolving landscape, IBM’s MAS9 positions asset managers to better control lifecycle costs, improve asset...
Understanding RDS-PP and RDS-PS: A Modern Approach to Plant Standardization
A study by McKinsey shows that standardized engineering practices can reduce project costs by up to 15% and cut errors by 50%. In this context, reference designation systems such as RDS-PP and RDS-PS are transforming how industrial plants manage complexity, especially...
How KKS Enhances Asset Management in Industrial Plants
Equipment failures account for 42% of unplanned downtime in industrial manufacturing. This single data point underscores the importance of structured asset identification and maintenance planning. At the heart of these improvements lies the Kraftwerk-Kennzeichensystem...
How Digital Twins and RBI Enhance Safety-Critical Maintenance
Gartner predicted that more than 50% of large industrial companies will use digital twins, which would lead to a 10% improvement in effectiveness across maintenance strategies. This growing integration of digital twins and Risk-Based Inspection (RBI) is reshaping how...
The Role of Criticality in Risk-Based Inspection Programs
According to Deloitte, asset-intensive industries lose up to 20% of their productive capacity due to unplanned downtime each year. This substantial loss underscores the urgent need for smarter maintenance strategies. Risk-Based Inspection (RBI), which prioritizes...