🚀 Exciting news from Virtualitics! 🚀 Virtualitics today unveiled Maintenance Decision Intelligence (MDI), our latest AI-powered application, designed to transform maintenance operations for asset-intensive industries. 🌟 Key Benefits: 🔧 Enhance efficiency of the scheduling process by over 30% ⚙️ Proactively respond to anticipated failures 📈 Improve asset availability and operational efficiency Built with Explainable AI (XAI) at its core, MDI empowers maintenance teams to predict asset failures, optimize resource allocation, and significantly reduce unplanned downtime. Originally developed for the US Department of Defense, MDI is now ready to deliver impactful results in commercial enterprises. 🛠️ Plus, our innovative Pathfinder feature simplifies data analysis for all users, ensuring that everyone can make confident, data-driven decisions. Join us in revolutionizing asset and supply chain management with AI-powered intelligence! #AI #MachineLearning #AssetManagement #Maintenance #DataScience #Innovation #Virtualitics
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IT infrastructure lifecycle can be hard - fragmented data, limited spending insight, tech debt, manual processes, and compliance. In order to become data-driven, organizations must approach lifecycle management differently. They need to optimize, become more efficient, and make financial decisions based on a combination of asset information, financial metrics, and telemetry data. Enterprises should drive towards real-time IT infrastructure asset tracking, as well as sophisticated budget and resource planning tools. In addition, a strong foundation is what makes possible advanced AI, clear visibility into the environment, and therefore increased control over investments. WWT's approach includes deploying Asset360 (link below for more info). Asset360 enables all the above and includes the benefits of: - Enhanced decision making powered by in-depth data analytics - Substantial cost reductions from optimized asset utilization - Operational efficiency through streamlined processes https://lnkd.in/g9GG9wGz
The Imperative for Intelligent Asset Management in the Digital Era
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Enhance your organizational efficiency with IFS’ Asset Management module. Seamlessly integrate asset lifecycles, enabling comprehensive tracking from procurement to disposal. Benefit from advanced maintenance scheduling, regulatory compliance tools, and real-time insights for informed decision-making. In other words: 🔸 You’ll know where all your assets are. 🔸 You’ll know how long they’ve been there. 🔸 You’ll be able to track any child assets, within the parent asset. 🔸 You’ll be able to plan your spare part supply chain, based on the maintenance plan. 🔸 And my personal favorite: you’ll be able to proactively suggest preventative maintenance of customer assets, decreasing their downtime, and increasing your company income (and margin!). And btw, we have experience implementing this with clients a few times too 😉 www.getifshelp.com
Asset-intensive industries have faced numerous challenges last year. However, with advances in Enterprise Asset Management (#EAM) including AI, organizations are well-positioned to enhance their operational efficiency in 2024. In his 2024 predictions, Jon Mortensen EAM evangelist, discusses three trends that will fuel the adoption of EAM in asset-intensive industries. From ISO 55000 certifications to #AI commodification and maintenance tech screen time, 2024 is looking to be a year of advances. Read the top 3 EAM prediction here:
IFS Predictions 2024: Enterprise Asset Management
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Virtualitics' new Maintenance Decision Intelligence (MDI) application delivers AI-powered intelligence and recommendations to guide enterprise maintenance organizations in proactively responding to anticipated failures. This drives significant improvements in asset availability, efficiency, and decision-making. Learn more about the transformative power of MDI in Supply & Demand Chain Executive 👉 https://lnkd.in/dzJm4fmr #AssetManagement #SupplyChain #ResourcePlanning #MaintenanceOperations #AI #ExplainableAI #DataAnalysis
Maintenance Decision Intelligence AI Transforms Enterprise Asset Management
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Enterprise Architecture | Master Problem Solver | Media Workflows and Infrastructure | Founder at 1303 Systems
Are you and your team ready for the future of digital asset management? The blending of AI and DAM is already here, and it's time to get ahead of the curve. Prepare your data for AI integration to improve your digital asset management processes. Here's why it's necessary: 1. Identify crucial metadata fields 2. Ensure data quality and consistency 3. Enrich metadata with contextual and descriptive information 4. Define a governance model and align it with your AI strategy 5. Prepare training data and ensure quality assurance 6. Foster cross-functional collaboration and create a feedback loop Don't fall behind in optimizing your digital asset management processes. Start preparing your data for AI integration today. #AIIntegration #MAM #DataQuality #CrossFunctionalCollaboration https://lnkd.in/gXRYzfHg
The opportunities for AI in digital asset management | MarTech
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In the IFS Enterprise Asset Management (EAM) Predictions for 2024, we foresaw that a record number of enterprises will directly access and use artificial intelligence (AI) in the year ahead 🚀. Once the domain of companies able to supply the requisite resources and infrastructure to support #AI, rapid commoditization has made the technology accessible to enterprises of all sizes. AI is fast becoming just one more tool to solve business problems 🛠️. Learn more about AI in 2024 and beyond:
Democratizing Access to Artificial Intelligence for all Enterprises
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Unlocking the Potential of AI in Enterprise Asset Management 🚀 #Xitricon #IFS #EAM #AI #Predictions2024 #EnterpriseTechnology #DigitalTransformation #BusinessInnovation #ArtificialIntelligence #TechTrends #BusinessSolutions
In the IFS Enterprise Asset Management (EAM) Predictions for 2024, we foresaw that a record number of enterprises will directly access and use artificial intelligence (AI) in the year ahead 🚀. Once the domain of companies able to supply the requisite resources and infrastructure to support #AI, rapid commoditization has made the technology accessible to enterprises of all sizes. AI is fast becoming just one more tool to solve business problems 🛠️. Learn more about AI in 2024 and beyond:
Democratizing Access to Artificial Intelligence for all Enterprises
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In the IFS Enterprise Asset Management (EAM) Predictions for 2024, we foresaw that a record number of enterprises will directly access and use artificial intelligence (AI) in the year ahead 🚀. Once the domain of companies able to supply the requisite resources and infrastructure to support #AI, rapid commoditization has made the technology accessible to enterprises of all sizes. AI is fast becoming just one more tool to solve business problems 🛠️. Learn more about AI in 2024 and beyond:
Democratizing Access to Artificial Intelligence for all Enterprises
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Enterprise Executive IT Sales Champion with over 14 years of experience building lasting client relationships, and negotiating amicable contracts in both the Commercial and Federal space.
In the IFS Enterprise Asset Management (EAM) Predictions for 2024, we foresaw that a record number of enterprises will directly access and use artificial intelligence (AI) in the year ahead 🚀. Once the domain of companies able to supply the requisite resources and infrastructure to support #AI, rapid commoditization has made the technology accessible to enterprises of all sizes. AI is fast becoming just one more tool to solve business problems 🛠️. Learn more about AI in 2024 and beyond:
Democratizing Access to Artificial Intelligence for all Enterprises
blog.ifs.com
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