Spending on Digital Transformation is expected to Reach $2.3 Trillion in 2023, More Than Half of All ICT Spending.Ideally IT spending is driven by the need to meet business requirements.The digital asset management services provider perform digital transformation that can be defined as the acceleration of business activities, processes, competencies and models to fully leverage the changes and opportunities of digital technologies and their impact in a strategic and priority based way.
Plant and maintenance heads continuously look forward to, reduced breakdown maintenance, maintenance cost, rework, and increased uptime, asset productivity, technician wrench time and maximised lifetime value of assets. Today’s technology provides several opportunities to the maintenance teams to achieve these objectives.Several asset intensive organisations are seeing lucrative ROIs by investing in solutions for asset maintenance.
Organisations are adopting various tools and technologies to realise the true value of their assets and are at various stages of the adoption curve. IOT, Machine learning, drones for inspection, mobile solutions for field workers and seamless maintenance solutions are some of these.
As an option, several organisations choose their journey in digital transformation, step by step. In this endeavour, a few low hanging fruits could help organisations move towards complete digital transformation and increase the benefits step by step.
One of the first changes that the organisations could adapt at the early stages is to bring smart mobile solutions for technicians that would help organisations in increasing the wrench time of technicians significantly and sometimes even by more than twice. This could be an easier success story which shall encourage in adopting other solutions.
Another quick success solution could be adoption of cloud based analytics which would provide asset insights and help in defining maintenance strategies. A further advanced solution could be Predictive maintenance can help in ensuring higher uptime of the assets.A right consulting partner and experienced team will surely bring the expected ROI.
