Asset Optimization Solutions Market: Overview of Key Market Forces Propelling and Restraining Market Growth
Asset optimization (AO) is a methodology that helps to improve business operations by identifying, defining, planning, and implementing initiatives that will help to increase the potential and value of the current asset Capital-intensive assets, such as those usually deployed for power generation and in oil and gas comprise rapid and high return-on-asset investment return from businesses. A single second of unscheduled asset downtime can cost millions to end-customers, along with damaging an OEM's credentials. In the current IoT era, inadequate...
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