by Lauren Stone | Nov 1, 2024
Proactive risk management is transforming asset management, enabling companies to maintain and optimize equipment before issues arise. In industries where unexpected downtime and equipment failures can be costly, moving from reactive to proactive asset management is... by Lauren Stone | Oct 23, 2024
Introduction to Greenfield and Brownfield Projects in Asset Management In asset and data management, particularly within industrial settings, projects generally fall into two main categories: Greenfield and Brownfield. These terms are more than just industry jargon;... by Lauren Stone | Oct 16, 2024
What is an Effective Asset Register, and Why Does it Matter? In today’s competitive business environment, especially for companies in asset-intensive industries such as manufacturing, utilities, or oil and gas, building effective asset registers is crucial. An asset... by Lauren Stone | Oct 11, 2024
In the world of asset management, transitioning from traditional paper-based systems to modern digital platforms is a necessary yet complex process. Digitizing legacy documents like P&IDs, equipment datasheets, and electrical schematics comes with its challenges.... 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...