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Enterprise Asset Management (EAM)

The tracking, management and utilization of anything tangible that is owned by a company or individual that is held for business use.

RFID for Rapid Physical Audit Inventory

RFID for Rapid Physical Audit Inventory Customized asset inspections for any process refer to the ability to tailor and adapt asset inspection procedures to specific requirements and workflows using the SmartX HUB platform. With SmartX HUB, users can define and configure inspection checklists, criteria, and procedures that align with their unique processes. This customization allows organizations to effectively manage and monitor the condition, maintenance, and compliance of their assets. By… Read More »RFID for Rapid Physical Audit Inventory

Why Asset management is important for Hospitality Business?

Why Asset management is important for Hospitality Business? In this dynamic industry, asset management plays a pivotal role in ensuring the seamless operation of hotels, resorts, restaurants, and other hospitality establishments. Asset management is not just about managing physical assets; it is about maximizing their value, optimizing performance, and delivering unforgettable experiences to your guests. From the moment they step foot onto your property to the time they check out,… Read More »Why Asset management is important for Hospitality Business?

What is Asset Performance Management and KPIs in Oil and Gas?

What is the Definition of Asset Performance Management in Oil and Gas? Asset Performance Management (APM) refers to the process of monitoring, analyzing, and optimizing the performance and maintenance of assets within an organization using advanced technologies and data-driven insights. It is a comprehensive approach that enables businesses to maximize the value, efficiency, and reliability of their assets throughout their lifecycle. SmartX HUB APM utilizes a combination of Internet of… Read More »What is Asset Performance Management and KPIs in Oil and Gas?

How Asset Management helps ESG ?

How Asset Management helps ESG ? ESG stands for Environmental, Social, and Governance. It is a framework that assesses the sustainability and ethical impact of a company or investment based on these three key factors. Environmental: The environmental aspect of ESG focuses on a company’s impact on the environment and how it manages its ecological footprint. It includes considerations such as carbon emissions, energy and resource efficiency, waste management, pollution… Read More »How Asset Management helps ESG ?

RFID for Rapid Physical Audit Inventory

RFID for Rapid Physical Audit Inventory Asset audits are crucial for organizations as part of their enterprise asset management strategy and compliance requirements. However, manual audits can be expensive, tedious, disruptive, and error-prone. The traditional approach of crawling under desks and scanning asset barcodes or reading serial numbers is inefficient and infrequent. Yearly audits provide an incomplete picture of asset location and status, leading to outdated asset management databases. This… Read More »RFID for Rapid Physical Audit Inventory

IoT: The Internet of Things in Asset Management.

IoT: The Internet of Things in Asset Management. The Internet of Things (IoT) has arrived The Internet of Things (IoT) has arrived to innovate the service market and its production chains. This terminology falls within the scope of the innovations brought by Industry 4.0 and takes advantage of technology to automatically and intelligently collect data through sensors and programs. This technology can be applied in many locations or objects to… Read More »IoT: The Internet of Things in Asset Management.

How EAM Software Helps Boost Profits

How EAM Software with RFID Helps Boost Profits Enterprise asset management (EAM) software is one of the most important tools for growth-oriented enterprises According to a market research report by MarketsandMarkets, the global EAM software market size was valued at USD 5.1 billion in 2020 and is projected to reach USD 8.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 9.9% during the forecast period from 2020… Read More »How EAM Software Helps Boost Profits

RFID Solutions in the Oil & Gas Industry

RFID Solutions in the Oil & Gas Industry What RFID can help in Oil and gas business? Today, oil and gas companies are deploying new technologies that promise greater efficiencies, and management is putting pressure on engineering and maintenance to reduce budget, labor, and operating costs while increasing production levels. There is also a greater exposure to risks in health, safety, and the environment as operators face new challenges in… Read More »RFID Solutions in the Oil & Gas Industry

What is RFID Asset Management?

What is RFID Asset Management? What is an RFID Asset Management System? It’s never been more cost-effective or so easy to automate asset management processes and ensure you have accurate and timely inventory information at your fingertips using RFID technology. Radio frequency identification (RFID) technology is a domain in the field of computerized recognition that has been gaining traction over the past decade and is now considered a primary means… Read More »What is RFID Asset Management?

Why Automating the Management of IT Assets is Beneficial

Why Automating the Management of IT Assets is Beneficial RFID for Better IT Asset Management RFID uses While preventing IT asset theft or loss of data may be the most compelling reason to invest in a solution designed to automatically manage and track assets, there are other factors prompting companies to explore and invest in asset tracking technology. They include: Inventory Processing Organizations that conduct inventory manually and log their… Read More »Why Automating the Management of IT Assets is Beneficial

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