#digital factory

Rimsys introduces Rimsys Intel, a community-driven platform offering free access to global regulatory intelligence data, aligning with its mission of broadening access to life-changing medical technologies. CEO James Gianoutsos emphasizes Rimsys' commitment to empowerment, enabling medtech teams to make informed market access decisions swiftly. To ensure the accuracy of Rimsys Intel amidst evolving regulations, Rimsys collaborates with RAPS Regulatory Affairs Certificate (RAC) holders, providing them opportunities to earn recertification credits while contributing to data quality. This partnership fosters a symbiotic relationship, empowering the medtech community with validated regulatory insights and supporting the professional growth of RAC holders. Rimsys Intel aims to democratize access to regulatory intelligence, catering to stakeholders ranging from individual entrepreneurs to large-scale medtech enterprises. While currently in beta, interested users can join the waitlist for early access, with plans for full availability later this year.

The next generation of asset management systems, designed to be intelligent, automated, and cost-effective, is now being driven by the digital transformation of industrial processes. However, transitioning from present paradigms to Industry 4.0 compliant, fully digital asset management approaches is incredibly difficult to implement.

It requires adjustments to industrial enterprises' business management, asset management procedures, and technological infrastructure. Therefore, understanding the difficulties and finding potential solutions across all these directions is essential for a smooth transition to Intelligent Asset Management.

For most businesses out there, successful asset management is essential for growth. It would make sense that companies would need to work on managing and improving their assets continuously, especially given how quickly-paced today's industrial marketplaces are. However, when considered in the context of Industry 4.0, asset management, remote monitoring, predictive maintenance, and the total optimisation of assets present both difficulties and opportunities. In this blog, we will check out the influence of manufacturing 4.0 technologies in asset management.

Why does manufacturing asset management software matter to process manufacturing plants?

As the sector gets more competitive and customer demand and market conditions change more frequently, manufacturing businesses need every advantage they can get. Some of them are mentioned below: 

Meet rigorous safety regulations

Comply with an increasing amount of environmental impact laws and regulations.

Quickly adjust to shifting customer needs

Adapt to changing energy costs

Improve maintenance planning to reduce maintenance expenditures.

Streamline production procedures to increase the effectiveness

Monitor and control the location, use, and inventory of the equipment

Calculate and plan for anticipated future asset purchases and expiry dates

Improved reporting will make auditing, budgeting, and compliance processes go more smoothly.

Adapt to the lack of technical skills and the workforce shortage

Predictive maintenance in Industry 4.0

Digital asset management software has a crucial role to play in Industry 4.0. Particularly in asset maintenance, this has made it possible for managers to switch from reactive (responding when equipment breaks down) and preventative (monitoring at regular intervals) to more intelligent, predictive maintenance.