Kris lewis

AI in asset management is changing how organizations actually run their operations, and the shift is less about technology enthusiasm than about money. Equipment failures are expensive. Unplanned downtime is worse. And the old model of scheduling maintenance by calendar, regardless of what the equipment is actually doing, stops making financial sense once you've run the numbers on what a surprise breakdown costs. Companies are moving toward platforms that monitor assets continuously and flag problems before they become failures, and adoption of enterprise asset management software has picked up noticeably, including in markets like India where the pressure to squeeze more value out of physical infrastructure is particularly acute. What is asset management? The process of organizing, running, maintaining, and finally retiring assets to maximize their worth while controlling expenses is known as asset management. That covers a wide range: manufacturing equipment, IT infrastructure, v...