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 | 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... by Ria Ghuman | Sep 17, 2024
AI-driven data extraction technologies hold immense potential to transform industries by reducing manual work and improving accuracy. However, if these tools are difficult to use, their effectiveness is greatly diminished. This is where user-centered design becomes... by Ria Ghuman | Aug 1, 2024
Engineering projects are often plagued by cost overruns, delayed schedules, and scope creep. These issues can derail even the most well-planned projects. In this blog, we will discuss the root causes of these challenges and strategies to mitigate them. Cost overruns,...