Asset Management Excellence: Optimizing Equipment Life-Cycle Decisions (Mechanical Engineering)

This is the third edition of Asset Management Excellence: Optimizing Equipment Life-Cycle Decisions. This edition acknowledges and introduces the many changes to the Asset Management business while continuing to explain the supporting fundamentals.Since the second edition, there have been many influences of change in asset management, society’s expectations, and supporting technologies. In this edition, the contributors have revisited the content and have updated and added insights and information based on the emerging influences in thinking and the continued evolution of applied technologies since the prior editions. New in the Third Edition:Updates across each of the second edition chapters to align with today’s insightsUpdates on technologies now available to support Asset Management, including related software packaging, the Internet of Things (IoT), Machine Learning, and Artificial IntelligenceInsights on how Information Technology can step up to help an asset-intensive organizati