How AI becomes mission critical in Enterprise Asset Management
The efficient and successful management of the physical assets required to deliver telecommunications services is known as Enterprise Asset Management (EAM) in the telecoms sector. These resources consist of fiber-optic cables, cell towers, and other voice and data transmission infrastructure. It is not surprising that EAM is being used in the telecommunications business given the growing usage of artificial intelligence (AI) in many other industries.
Automating repetitive operations is one of the key advantages of employing AI in EAM. This covers activities like keeping track of and maintaining assets, spotting possible problems, and planning maintenance. AI-powered solutions, for instance, may be used to evaluate data from asset sensors to spot possible issues before they arise. This might lessen downtime and increase the asset lifespan. AI may also be used to improve maintenance scheduling, guaranteeing that assets are maintained at the ideal time and minimizing the impact on operations.
Enhancing decision-making is another advantage of employing AI in EAM. AI-powered systems can uncover insights via the analysis of vast volumes of data that would be challenging or impossible for humans to find. AI can, for instance, be used to spot trends in data that point to a certain asset’s propensity to fail. Using this data, maintenance and repair tasks may be prioritised so that the most important assets are taken care of first. AI may also be used to optimise the placement of resources, such as choosing the ideal site for a new cell tower.
AI has the potential to increase EAM’s effectiveness. AI-powered solutions can free up time for human personnel to concentrate on more complicated and strategic duties by automating repetitive operations and offering insights. By reducing downtime and extending the lifespan of assets, AI may also assist in lowering the cost of EAM.
Predictive maintenance is one particular use of AI in EAM in the telecoms sector. Utilizing data and analytics to anticipate when equipment is likely to malfunction and plan maintenance appropriately is known as predictive maintenance. This method can assist in reducing unplanned downtime and extending the life of equipment. By using sensors on equipment to collect data and AI algorithms to evaluate the data and spot possible issues, predictive maintenance may be accomplished.
Network optimization is a particular area where AI in EAM is being used in the telecommunications sector. In order to boost performance and cut expenses, the network setup must be optimised using AI. For instance, AI may be used to analyse network data to spot bottlenecks and improve data routing to cut down on delays. In order to assure the highest coverage and capacity, AI may also be used to deploy assets like cell towers in the best possible locations.
In conclusion, EAM in the telecoms sector has the potential to become much more effective and efficient thanks to AI. AI-powered solutions may assist in lowering downtime, extending the lifespan of assets, and enhancing network performance by automating repetitive operations, enhancing decision-making, and optimising the deployment of assets. Future uses of AI in EAM in the telecoms sector are probably going to increase as technology develops further.
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Sandeep is responsible for Product Marketing of Subex’s Analytics portfolio. In addition to this role, he also looks after Public Relations and Analyst Relations for the company. He comes in with 9 years’ experience in the Marketing domain.
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