The NRX Blog
Having Trouble Getting Started? JUST FIX IT!
Whether it’s writing a report, or cleansing your data, the hardest part is getting started. Like the snowball effect. Creating a small snowball may be hard, but once you make it and then start rolling, it builds upon itself. Similar to getting up in the morning, it...
Stocks can be Risky, Invest in your Company
Stocks are just one of the many possible ways to invest your money. You can invest in bonds, rare coins, mutual funds, savings accounts and more. So why choose stocks? Knowing that investing in stocks is risky, why do people do it? The main reason people choose to...
The Evolution of Technology
In today’s society, technology controls our lives. No one seems to be able to function without their smartphone, computer or tablet. Technological advancements boomed in the market in a short amount of time, and now people cannot imagine a life without it. Brian...
Behind the Scenes with Data Cleansing
Did you ever take a minute to think about all the hard work and time it takes to produce a movie or put on a show? We, the audience only see the final piece displayed in front of us, and mainly give credit and praise to those we see perform. Although the actors and...
Human Error in Manufacturing
Small mistakes can lead to big disasters. Just ask the engineers who were working on the Mars Climate Orbiter. A $327.6 million USD spacecraft was destroyed because of an error converting between units of measurement. Or ask any manufacturer about how they had to shut...
Out with the Old and in with the New
It’s 2019 and we are now burdened with the threat of knowledge loss as our workforce ages and industry experts move towards retirement. But is this a blessing in disguise? New technology can solve a lot of the issues we currently experience in supply chain,...
Trends to Watch 2019: Blockchain for Asset Management
With the rise and fall of cryptocurrencies such as Bitcoin, the technology known as blockchain is now being researched by many. It has the potential to be used for vast applications and companies are racing to invest and develop custom solutions that would set them...
The Future Begins with Data – Key Features of Industry 4.0
It’s no big secret that Industry 4.0 is on the rise. Manufacturing industries are adopting technologies that promote automation, as well as other key features of the “smart factory”. As the cost of these developments go down and scalability increases, more businesses...
Branch Out Your Asset Hierarchies
As the Christmas season fast approaches, you may find yourself dashing through the snow in search of a tree to decorate with your family. It’s picturesque; loved ones huddled around the fire as it sparks in the background. In many ways, the way your EAM data is...
Cyber Security Starts in the Cloud
High-level data breaches happen more often than you might think. Just this past weekend, Marriott Hotels suffered an information breach, exposing the personal information of over 500 million guests. These events can be catastrophic to your business, leading to...