
Predictive maintenance in asset management
Asset maintenance is necessary for all asset owners to keep the operations going and lengthen the asset’s life cycle. Naturally, there are costs to doing it, but there are ways to minimise the costs and increase Return on Assets (ROA). It is important to base the maintenance decisions on facts and gather data that is easy to use for planning and executing maintenance effectively. This can improve the competitiveness of your business in different ways.