Jens Lungaard shares 10 tips for creating an RFP for digital asset management systems that will future-proof your organization. Every vendor that sells a digital asset management (DAM) system will ...

In recent years, the Kashima Plant of Mitsubishi Chemical Corporation (Ibaraki, Japan, Fig1) began using Field Device Tool (FDT), a standardized interface specification, to collect information online ...

An application programming interface (API) allows computer programs to access a DAM, as opposed to a user interface that allows people to access DAM. Developers can use a DAM’s API to create custom ...

When you think of asset management, you likely picture large equipment or electronic devices being physically tagged and tracked by asset monitoring software. However, many of these platforms can ...

Just like intelligent management of a datacentre’s hardware assets is critical to see IT deliver business value, managing software assets is vital in order to maintain a highly flexible and up-to-date ...

Asset management means different things to different people. But it boils down to converting raw data and observations about equipment and components into information and knowledge that is then used, ...

Asset tracking systems help businesses track the physical location, condition, and depreciation of their physical assets. While there is budget-friendly and comprehensive dedicated asset tracking ...

In my last article, I discussed the three kinds of asset performance metrics. Using this knowledge, the next step is to establish your own asset performance management process. While the scale and ...

Key performance indicators (KPIs) are recognized by most industry practitioners as the motivator of an efficient, data driven organization. Rightly so, however KPIs are often developed arbitrarily and ...

Suggested Citation: "3 Federal Facility Asset Management Systems." National Academies of Sciences, Engineering, and Medicine. 2023. Strategies to Renew Federal Facilities. Washington, DC: The National ...

Managing assets is one of the most pressing issues facing the electric power delivery industry. Not too long ago, asset managers used simple spreadsheets to keep track of widgets the utility owned.