What is asset management software?
Asset management software allows organizations to monitor, track and categorize a company's physical assets, including machines and equipment, primarily to ensure their reliability. Asset management tools may be integrated with sensors, controllers, and other automation hardware and software and instrumentation to enable predictive maintenance, the ability to anticipate when something will fail, so it can be repaired or replaced before it does.
Remote monitoring and data visualization are key to improving overall manufacturing efficiency.
Plattform Industrie 4.0 and its international partners are aiming to make progress on data economy, organization, and qualification in 2018.