The NRX Blog
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...
Fall in Love with Accurate Cost Estimation: Winning More Bids & Preventing Overruns
Cost estimation doesn’t have to be a source of frustration and uncertainty. Just like in relationships, success comes down to trust, precision, and a commitment to long-term value. Organizations that embrace smarter, data-driven estimation methods can win more bids,...
Broken Budgets & Heartbreak: How Poor Cost Estimation Leads to Project Failure
One miscalculation in the world of large-scale projects can mean the difference between profit and loss or success and failure. Yet, poor cost estimation continues to plague industries, which eventually leads to budget overruns, missed deadlines, and lost...
The Power of Data Standardization: Building a Foundation for Digital Transformation
Inconsistent data may be a quiet problem, but its effects are anything but subtle. From delayed decision-making to expensive EAM migrations and stalled digital twin projects, the consequences are clear: without a standardized approach to data, organizations struggle...
The Ultimate Impact of Inconsistent Data Standardization in EAM
In enterprise asset management (EAM), data is everything. It drives decision-making, fuels operational efficiency, and lays the groundwork for digital transformation. Yet, many organizations struggle with a silent but pervasive issue: inconsistent data...
Unlocking the Potential of Legacy Diagram Digitization
In our last post, we explored the frustrations of digitizing legacy diagrams: inconsistent formats, low resolution, and the burden of manual transcription. The ultimate question is—how can these problems be solved and organizations take the leap toward seamless...
The Overlooked Struggles of Digitizing Legacy Diagrams
In the race toward digital transformation, organizations across industries are investing heavily in modern tools such as SAP Plant Maintenance and Oracle EAM to streamline operations and improve asset management. These platforms provide guaranteed efficiency,...
Optimizing P&ID to EAM/CMMS Updates: A Digital Approach
In today’s fast-paced industrial landscape, relying on manual methods to review P&IDs and update EAM or CMMS systems is no longer a viable option. The stakes are too high, and the process is too slow and error-prone. Fortunately, digital tools and automated...
The Hidden Costs of Reviewing P&IDs: Time, Effort, and Accuracy
One of the most challenging tasks for maintenance and engineering teams is to review Piping and Instrumentation Diagrams (P&IDs) to ensure maintainable items are properly recorded in an Enterprise Asset Management (EAM) or Computerized Maintenance Management...