This is the year to sweat your assets to build your business

  • 📰 City_Press
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The digital revolution and tanking economy threaten trade, but they also create space to optimise existing resources, writes Kevin Subramani.

South African industry may well be struggling in the current economic climate, but the time of low growth is the perfect opportunity to focus on ways of identifying how to sweat existing assets and get maximum return on investment, rather than risking greater stress on the company’s bottom line by buying new assets.

While there’s much hype about the fourth industrial revolution, truly successful use of technology doesn’t necessarily imply that everything in a business needs to be automated, computerised or handed over to artificial intelligence and machine learning. While there may well be a place to include new technology in a manufacturing or production process, achieving the best potential from current equipment may be as simple as getting everything to work better together.

BIM can also be used in more expansive environments, such as public services and infrastructure, to allow for maintenance that makes continued service delivery possible.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 7. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Business Maverick: Tencent Stock Traders Prep for Wildest Earnings Move in 11 YearsThe value of two of the largest companies on the JSE, Prosus and Naspers, are underpinned by Tencent. But Hong Kong’s equity traders haven’t been this nervous over Tencent Holdings earnings in years.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

Global stocks slide as traders keep their distance from risky assetsWild swings and discrepancies between markets worry strategists as signalling financial crisis
La source: BDliveSA - 🏆 12. / 63 Lire la suite »