Asset management is the systematic process of tracking and managing an organization’s physical assets throughout their lifecycle, from acquisition to disposal. This includes equipment, machinery, and infrastructure. Effective asset management is essential for optimizing asset utilization, minimizing downtime, and reducing…
In recent years, the utility industry has experienced a notable transition towards implementing artificial intelligence (AI) technologies for predictive maintenance purposes. These advanced tools have transformed infrastructure management practices, enabling more efficient and cost-effective maintenance strategies. AI-powered systems allow utility…
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