In today’s fast-paced industrial landscape, the effective use of data has become a game-changer for facility management. Data-driven insights are not just about improving efficiency. They’re pivotal ...

A sound patent strategy, and effective execution of such a strategy, are essential ingredients for a technology company’s road to success. While many, if not most, enterprises have instituted or are ...

Competitive maintenance uses an analytical process and condition-monitoring tools to select the optimum maintenance strategy for each plant system. For example, the optimum strategy for the plant’s ...

Let’s assume the asset management plan you use currently is fine. Your machines are always up and running, and you only ever spend a fraction of the maintenance budget on replacing parts. But ‘fine’ ...

Asset maintenance is a component of asset monitoring designed to increase the lifespan of a company’s machinery, devices, and equipment. The process is important for any business serious about keeping ...

Building and maintaining a strong intellectual property portfolio requires more than filing patents and trademarks—it demands a strategic approach that aligns with business goals, manages risk, and ...

Daniel Penn Associates recently asked members of LinkedIn’s Association of Asset Management Professionals Group “What is the maintenance strategy that you use the most with your organization?” The ...

Growth brings plenty of opportunities to a business, but it can also magnify inefficiency. A maintenance process that works for one location or just a handful of assets will eventually fail as you ...