by Lauren Stone | Nov 13, 2024
The challenges of extracting table data from technical documents are significant in industrial environments, where critical information is often embedded within dense, tightly packed tables. These tables may include parts lists, equipment specifications, material... 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 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 | 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 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...