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Asset Management
The term Asset Management comes from the world of economics, and designates dealings with a company's
capital and liquid assets. These include the production facilities and their plant components, such as
devices, machines, piping/ducting, etc., and the equipment and devices for their automation. These
are referred to as assets.
In conjunction with industrial production, asset management includes all activities and measures which
serve the purpose of maintaining or increasing the value of a technical facility, plant or location. |
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