Mechanical engineering asset management encompasses the systematic planning, operation, maintenance, upgrade, and eventual decommissioning of physical assets to maximise their value over their entire ...

According to a 2024 report from McKinsey & Company: "While significant progress has been made in the nine years since the landmark Paris Agreement, the global energy transition is entering a new phase ...

Power company leaders face mounting challenges in asset management—keeping aging equipment reliable, integrating diverse assets from renewables to baseload units, and meeting strict reliability ...