The PAS 55 specification and enterprise asset management
Many of ABB's clients are involved in asset-intensive industries like mining, energy, public infrastructure and transportation. A holistic, efficient and wholelife approach to the management of physical assets is vital to be able to manage costs and risk and align operations with business strategy. In addition, asset and maintenance managers are increasingly required to report on performance against key indicators such as asset utilization, risk and return on assets. These metrics are critical in understanding the overall health of an asset-intensive organization and they rely on current and accurate asset information.
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