Asset data from a new perspective

Excel. You may use it, you may not. It is relatively easy, convenient, and cost-effective from the start. However, as your business and assets grow you will quickly leave those benefits behind. Continuing with Excel to manage your growing business will cost you more...

Big data and what to do with it.

Big data. It is not a new term but you may have heard it a lot lately. What is it, and more importantly what should you be doing with it, is our topic for today. The amount of data that is being created and stored on a global level is almost inconceivable, and it just...

Improve your ROI when you’ve hit the wall.

You may have heard the term ‘hitting the wall’ stemming from the running community, which is the equivalent to bonking for cycling. It’s a feeling of sudden fatigue and loss of energy, usually caused by the depletion of glycogen stores in your body and it doesn’t feel...

Getting Practical on Managing Spare Parts

With better methods for managing spare parts, you can achieve savings of at least 10% in ongoing maintenance and operations. Effective spare parts management can help reduce costs while keeping operations running smoothly. But the first step in solving any problem is...

Excel? Great For Crunching Numbers!

MS Excel is a great tool for crunching numbers. But you shouldn’t be using it for asset management. Most of the time, standard spreadsheet formats are used as a way to load key data into operational EAM systems. Although standard spreadsheet formats are great at...