The NRX Blog
Digital Twins and AI: A Powerful Combination for Smarter Asset Management
Did you know that nearly 75% of companies that have adopted digital twin technology combined with AI report lower maintenance costs and improved operational efficiency? This game-changing duo is revolutionizing EAM by creating virtual replicas of physical assets,...
AI vs. Traditional Maintenance: Transforming Enterprise Asset Management
As EAM continues to evolve, organizations face a critical choice: stick with traditional maintenance methods or embrace AI-driven solutions. With the growing need to boost efficiency and reduce downtime, selecting the right approach is more important than ever....
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)...