Assets are material goods that have value in themselves or produce value for an organization. The definition of asset, for the purposes of this article, will be restricted to tangible assets, i.e., material goods that comprise the physical production structure of industries, such as machinery. Asset management involves the optimal management of their life cycle,… Continue reading Industrial Assets Life Cycle
Tag: asset life cycle
Dealing with the life cycle cost of industrial assets
Learn how to calculate the life cost and the life cycle of industrial asset monitored with Dynamox vibration sensors.
Corrective Maintenance: Ally or Villain?
Learn about the advantages and disadvantages of relying on corrective maintenance and how the Dynamox solution contributes to maintenance.
Reliability Engineering: Preventing Asset Losses
Looking for reliability, availability and predictability for your industrial assets? Get to know predictive maintenance engineering.
Understanding the Life Cycle of Industrial Assets
Knowing the stages of industrial processes impacts the asset life cycle, bringing benefits to maintenance management.