The NRX Blog
Unlocking the Power of AI in EAM with NRX AssetHub
Effective Enterprise Asset Management (EAM) relies on accurate and structured data. However, many organizations struggle with incomplete, inconsistent, and bad EAM data. Bad EAM data leads to maintenance inefficiencies, increased downtime, and lost opportunities for...
How AI Can Solve the Skilled Labour Shortage in Industrial Sectors
The industrial sector is facing a massive challenge: a growing shortage of skilled labour. By 2030, an estimated 2.1 million industrial jobs will remain unfilled, potentially costing the global economy more than $1 trillion in lost productivity. In 2022 alone, the...
AI-Powered Workflows: How Intelligent Automation is Enhancing Industrial Productivity
In the industrial world, efficiency isn’t just a goal—it’s a necessity. To stay competitive, companies are turning to AI-powered workflows to streamline operations, minimize downtime, and accelerate maintenance responses. By automating repetitive tasks and leveraging...
From Raw Data to Actionable Insights: How AI is Transforming Industrial Data Analytics
Every second, industries generate massive amounts of data—but shockingly, only 20% of it is ever used for decision-making. This means 80% of valuable data remains untapped, which represents a major lost opportunity for efficiency and cost savings. AI-powered...
What’s Next for AI in Enterprise Asset Management? Emerging Technologies and Innovations
Artificial intelligence is revolutionizing Enterprise Asset Management, which enables organizations to optimize their maintenance strategies, reduce downtime, and extend asset life cycles in turn. By 2027, thousands of companies will integrate AI-driven asset...
Maximize Your EAM System: Enhance Data Quality, Sync, and Reporting with NRX AssetHub
Enterprise Asset Management (EAM), systems like SAP and IBM Maximo are critica; for overseeing complex asset infrastructures. However, the effectiveness of these systems relies on the quality and organization of the data they manage. NRX AssetHub is a powerful...
How AI-Powered Digital Twins Create Virtual Models for Real-World Operations
Artificial Intelligence is redefining digital twin technology, allowing industries to create highly accurate virtual models of their physical assets. As companies focus on digitalization and migration strategies, AI-powered digital twins are becoming essential in EAM,...
Why Do Industries Use Digital Twins? Understanding Their Role in Efficiency and Asset Management
The Digital Twin market is projected to reach $73.5 billion by 2027, with industries increasingly adopting this technology for predictive maintenance, operational efficiency, and asset lifecycle management. With the integration of Enterprise Asset Management (EAM)...
AI and Asset Management: How Machine Learning is Changing the Way We Maintain Equipment
The rise of AI in asset management is transforming the way industries approach maintenance, efficiency, and cost reduction. Traditional maintenance strategies, such as corrective and preventive maintenance, often lead to unplanned downtime, excessive costs, and...
The Costly Impact of Manual Asset Model Creation
Enterprise Asset Management (EAM) and Computerized Maintenance Management Systems (CMMS) are essential for modern industries, as they ensure efficient operations, maintenance planning, and asset longevity. However, a major challenge in implementing these systems is...