The NRX Blog
Digital Transformation Could Solve the Helium Shortage
Helium is a necessary raw material for global industries such as medicine, aerospace and technology. It is expensive to produce, and difficult to extract from natural sources. With rising demand in industry, suppliers of helium are rationing their stock,...
Digital Transformation
Over the last two weeks, we discussed the steps leading up to digital transformation. Digitization, Digitalization and the value it brings to your business. To read those blogs, click the button below. DIGITAL TRANSFORMATION is the last step, which comes...
The Business Value of Digitalization
After reading Tuesday’s blog, you should have a better understanding of what the term Digitalization means and how it differs from Digitization. If you didn’t get to read Tuesday’s blog, click the button below. Referring to the previous blog,...
Digitalization V.S. Digitization
DIGITIZATION and DIGITALIZATION are closely associated. They are often interchangeable but are two very different things. Digitalization is the process of leveraging digitization to improve business processes. Essentially, digitalization means using digitized...
Improving Productivity through Digitization
Years ago, and sometimes still today, business processes were analog. All customer files, manuals, repair handbooks were hard copies. Digitization is the process of converting something from analog to digital form. Digitization is the first step into...
It’s Time for Equipment Intelligence
Why using an intelligent staging area to fix equipment, asset maintenance and parts book records is always the best, first step for making an EAM useful. In many asset-intensive businesses, critical asset data is missing. Equipment and asset hierarchies need changes...
Reorganizing Asset Hierarchies
Although you may hate reorganizing, it may be necessary to improve yourself or your company. Corporate reorganizations may be prompted by failures now and then, but more often they are essential elements of success. Even with advancements in technology and a focus on...
Bad Data Causing Unexpected Downtime
Unexpected downtime is a major issue that keeps professionals up at night and is inevitable in asset intensive industries. Unexpected downtime is becoming more frequent in organizations and causes production (and more importantly revenue) to come to a halt. How can...
How to Prepare for IIoT
The digital transformation to Industrial Internet of Things (IIoT) requires more than adopting new technologies. It requires changes to people, processes and information management. Without an effective system to manage asset information, you will not be successful in...
Basic Principles of Preventive Maintenance
Preventive Maintenance can be very useful for your company to help reduce maintenance costs and repairs. Why should your company perform preventive maintenance? Legal Standards Required: It is important that you maintain and inspect your technical system regularly,...