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Why effective asset visibility starts at the digital twin

Blog: OpenText

The cost of poor asset visibility is potentially enormous. Estimates suggest companies are losing almost $25 billion each year in the UK alone. Yet many manufacturers still rely on manual, spreadsheet-based processes to track their inventory of assets. Asset tracking based on the Internet of Things (IoT) can lower costs and risk while boosting performance …

The post Why effective asset visibility starts at the digital twin appeared first on OpenText Blogs.

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