by Lauren Stone | Oct 3, 2024
In the world of industrial asset management, accurate asset models are the foundation for efficient operations and maintenance. These models, which organize data for equipment, components, and maintenance tasks, are essential for Enterprise Asset Management (EAM) and... by Lauren Stone | Oct 1, 2024
When dealing with industrial asset management, building an accurate asset model is essential for organizing equipment, improving maintenance processes, and ensuring reliability across the entire operation. However, creating these models manually can be a painstaking... by Lauren Stone | Sep 26, 2024
Inaccurate cost estimation doesn’t just cause headaches—it can derail entire projects. By moving away from historical benchmarks and adopting data-driven methods, organizations can improve the accuracy of their forecasts, reduce the risk of overruns, and maximize... by Lauren Stone | Sep 24, 2024
Cost estimation plays a pivotal role in determining the success of any industrial project. In each step of the process, accurately forecasting necessary budgets ensures that projects remain on track and on schedule. However, many organizations still rely on historical...