by Lauren Stone | Nov 6, 2024
In today’s fast-paced industrial environment, managing assets—whether it’s machinery, equipment, or extensive piping networks—is a top priority. Reliable maintenance schedules are essential, but knowing the exact location of each component within a plant can make all... 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 30, 2024
Risk analysis in asset management is crucial for industries like energy, manufacturing, and infrastructure, where balancing performance, safety, and cost is key. While it may not be the first thing companies think of, risk analysis plays a central role in keeping... by Ria Ghuman | Sep 12, 2024
Given the high stakes, relying on manual data extraction is no longer practical. AI and machine learning, are revolutionizing how data is extracted and interpreted from industrial diagrams. These technologies offer significant benefits, such as cutting extraction time... by Ria Ghuman | Aug 27, 2024
Extracting data from scanned images and paper drawings is a major challenge for industries that rely on technical diagrams. These formats make it difficult to access information, requiring engineers to manually search through non-searchable documents to find specific...