Plant assets and equipment usually represent a large portion of a company's total assets. The cost to maintain and depreciate fixed assets can also be a big line item expense on the income statement.

Asset management means different things to different people. But it boils down to converting raw data and observations about equipment and components into information and knowledge that is then used, ...

Asset data is crucial in the power generation industry. Without it, utilities are forced to speculate about how long their assets will last, when they will need repair, and which strategies will ...

The last area where plants tend to give up manual monitoring and take up automation is asset health management. Here’s why operations and maintenance teams must take this critical step. In the ...

Dublin, Jan. 28, 2026 (GLOBE NEWSWIRE) -- The "Plant Asset Management Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031" has been added to ResearchAndMarkets.com's ...

A factory and its machinery are examples of plant assets. Broadly speaking, an asset is anything that has value and can be owned or used to produce value, and can theoretically be converted to cash.

The asset management of solar plants has come under increasing focus in recent years as installations age and maintenance activities are needed, especially for plants that were not designed with ...

The staff of most every power plant believes that their plant is “good” or at least “above average,” with the exception being those plants that have suffered with problems for so long that it has ...

The last area where plants tend to give up manual monitoring and take up automation is asset health management. Here’s why operations and maintenance teams must take this critical step. In the ...

AMHERST, N.Y.--(BUSINESS WIRE)--Amidst a global move towards renewable energy sources, decarbonization and net zero emissions, EtaPRO LLC, a Toshiba Group Company, has installed its asset condition ...