What OEMs must get right in Asset Management: 23 Lessons – by Michael Provost
Part 1: WHAT IT’S ALL ABOUT It’s what an asset does, not what it is,...
Read More
Category: Asset Management
Urban Myth or Reality: Servitisation is only for Complex Equipment
Is it really true that Servitisation business models only really work for companies with complex engineering products such as jet engines, trains and wind turbines? My own experience is that it is not the complexity of the...
Read MorePrognostics: Improving decisions in asset management through data-driven strategies – by Moritz von Plate
Condition Monitoring is a good basis for asset management – but it’s only the beginning Every day people make decisions: We choose to make an appointment at the dentist on Monday or to have our car inspected on...
Read MoreImplementing an Industrial Internet of Things Solution for Asset Performance Management – A Practical Approach
Before You Start Industrial Internet of Things (IIoT) aims to take advantage of remote connectivity, large amounts of data (or Big Data) generated by factories, predictive analytics and expert know-how to develop applications...
Read MorePart 5: Looking after Planes, Trains, Clean Energy and Human Health; Concluding thoughts and case studies
In his final & 5th Blog of the series ’23 lessons to World Class Asset management’, Dr Mike Provosts summarises his thoughts on how to achieve World Class Asset Management. Other blogs in the series are: Part 1:...
Read MorePart 4: Looking after Planes, Trains, Clean Energy and Human Health; The hard stuff that comes from experience
In his 4th Blog of 23 lessons to World Class Asset management, Dr Mike Provosts reviews insights that can only really be learned the hard way; Doing the Job!. In particular ‘cost is not a measure value’, ‘Do...
Read More