Projetech, a trailblazer in enterprise asset management, has announced its strategic move to adopt IBM Maximo Application Suite's latest version for both its internal operations and forthcoming client upgrades. This decision showcases Projetech's trust in the platform's capabilities and its commitment to staying at the forefront of technological innovation in asset management.
The automotive industry has experienced rapid advancements due to the integration of edge computing and artificial intelligence (AI) in recent years. As vehicles continue developing self-driving capabilities, these technologies have become increasingly critical for effective decision-making and real-time reactions.
Nvidia, a leading technology company, recently announced a significant increase in earnings, with their revenue doubling due to the high demand for its AI chips that power new machine learning applications; teach and develop new artificial intelligence models and neural networks; and guide low-latency, real-time edge-of-network functions like Tesla's autonomous driving feature. As AI evolves, it's transforming the business landscape, touching industries like manufacturing, automotive, insurance, medicine, hospitality and even fast food.
Technology investments and initiatives play a vital role in driving business success, but innovation for its own sake is likely to be ineffective—even costly. It is crucial for tech leaders to find ways to measure the value and impact of technology investments on overall business goals. This requires a thoughtful approach that goes beyond traditional metrics.
The food and beverage industry is constantly evolving, driven by shifting consumer behaviors, technological advancements, and increasingly stringent regulations.
The information embedded in your assets is valuable. Nobody understands the importance of embracing technology to support asset management better than Projetech Inc. founder Steve Richmond. In Working SMART: Success in Maintenance, Asset Management, & Reliability through Technology (Fast Company Press, Mar. 28, 2023), Richmond examines how to take your asset management to the next level by tapping into technology.
At MRO’s recent Reducing Downtime: How Software Can Help virtual event, MRO ran a panel discussion on how maintenance software can help your bottom line.
The trucking industry is an incredibly essential sector that impacts almost every other enterprise. Regardless of the positives that it brings to our businesses and society, there are also major concerns, such as the number of harmful emissions and pollutants it generates. According to the Environmental Defense Fund, delivery trucks and trailers compose around 4% of vehicles in the U.S. but create close to half of nitrogen oxide emissions and almost 60% of fine vehicle particulates.
The global artificial intelligence (AI) market is expected to reach the trillion-dollar mark by 2030, and just as it has done with the global automotive industry, Tesla looks set to absorb a considerable amount of market share. This is all thanks to Dojo, the supercomputer set to drive the most sophisticated (and fastest) AI training machine to date.
In today’s fast-paced, asset-intensive industries, organizations need comprehensive solutions that enable streamlined operations, efficient maintenance, and proactive asset management. IBM Maximo Application Suite (MAS) stands out as a modular, flexible solution designed to support these goals by delivering robust enterprise asset management (EAM) capabilities. But beyond functionality, one of the key advantages of adopting MAS is its flexible and value-driven licensing model.
Keeping building assets at peak performance may seem like a never-ending process, but the right EAM can help alleviate the manual processes behind facility maintenance and management.
Weather can profoundly affect the functionality of energy and utility companies. With recent wildfires, mudslides, tornadoes, and hurricanes ravaging the United States, energy and utility companies are tasked with everything from local power restoration to utility and power line repairs. How do these companies prepare for natural disasters while proactively addressing the issues presented after the storm has passed?
Automated Year-End Processing is a set of automation that allows administrators to schedule and report on out-of-box year end procedures. This offering combines system properties, automation scripts, communication templates and out-of-the-box procedures to deliver a full solution. The combination of these customizations allows the client to do asset, inventory and labor zero year-to-date processes at the start of their fiscal year as a scheduled task.
