SmartBiz IT Research Library

Global Asset Sustainability (GAS), a new breakthrough approach that incorporates energy consumption into an asset management practice, provides the required visibility and control, and answers to eliminate this waste. In this example, Global Asset Sustainability could save the company an additional $250,000 per year in HVAC energy costs on top of the traditional EAM savings. This Global Asset Sustainability approach and resulting savings can be applied to any energy-consuming assets, such as the motors that drive production equipment.

Operational effectiveness is the price of entry for businesses today. Companies must keep costs low and revenue-generating capabilities high. Until recently, companies have held separate views of asset performance and energy consumption. This has now changed. Companies are taking a new approach to improve asset operating performance: Global Asset Sustainability. Companies that establish a strategy and global approach that incorporates this new lean practice can improve operating, financial, and environmental performance.

This white paper is a valuable asset for information on this topic.