The NRX Blog
The Importance of Data Standardization
Is inconsistent data holding you back? As a business, data is one of the most important assets you hold. Data is key to decision making and should be used to create more value where possible. Data can either empower your business to reach new goals, or it...
A Quick Guide to Successful MDM Implementation
In one of our latest blog “6 Benefits of Master Data Management”, we looked at the benefits of Master Data Management (MDM) for asset-intensive businesses. For this blog, we will discuss the important steps to execute a successful MDM implementation. To start, your...
Information Overload? How to Make Sense of Big Data
Data is growing faster than ever before and it’s doubling in size every year. By 2020, our accumulated digital universe of data will reach 44 zettabytes, or 44 trillion gigabytes. This data can also be referred to as big data. Big data describes a large...
Optimize Your Asset Hierarchy
Is your business’ asset hierarchy out of order? Asset hierarchy structure is a way to organize all equipment and machines that are located in one or more locations. Often times, asset-intensive companies may find that their asset hierarchy structures are...
6 Benefits of Master Data Management
Is your asset and maintenance master data accurate and fit for purpose? Based on our experience, most executives at asset intensive companies are unaware of the poor state of their asset and maintenance master data and the negative effects on their...
Ways to Break Down Data Silos
Are you storing your data in a silo where it doesn’t belong? Data silos are just like farm silos in the way that these grains are stored, in stand-alone towers. A data silo is defined as a set or source of data that can only be accessed or edited by only...
How Data Visualization Can Help You See More Than Just the Tip of the Iceberg
Like Titanic, we may often only notice just the tip of the iceberg. While it is easy to overlook seemingly small problems (root causes), the rest of the iceberg could be much bigger and more complex. Are you an asset-intensive company that struggles with seeing the...
The Goldilocks of Maintenance: PM Optimization
Too much maintenance is expensive, too little maintenance can result in stopped production, and PM Optimization (just like Goldilocks) is only a fairytale, right? PM Optimization can seem like a long shot for most businesses. Daily routines are packed...
Optimizing Spare Parts Management
Effective spare parts management can save asset intensive businesses money. Yet, many asset-intensive organizations may find themselves struggling to find and order spare parts efficiently. This often results in inefficient rushed orders where parts...
How AIoT Connects with Preventive Maintenance
Many asset intensive companies may find that they struggle with getting preventive maintenance (PM) right. Too little scheduled PMs may result into more problems, but too many may result into wasted resources, data management challenges and so forth. There is no doubt...