Improving Asset Performance Management With Data Analytics

Industries that are traditionally asset-heavy, such as utilities, have an extra challenge facing them: performing successful asset performance management on an ongoing basis to ensure those assets are generating revenue, not costing money due to underperformance or an unexpected stoppage. While much is being made of data analytics these days, perhaps one of its most powerful capabilities is its ability to keep your current assets performing at the most productive level possible. – (Ofori-Boateng, 2020) Forbes.

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