Digitalization as Key Enabler for Asset Management (DIGEST)

The DIGEST project takes an engineering-focused approach to asset management by integrating asset descriptions, operational models, and data management. Its primary objective is to dynamically include operations that affect an asset’s status, particularly in maintenance decision-making. By incorporating service and production scheduling tools, the project aims to optimize asset lifespan while balancing costs such as maintenance, production losses, and opportunity costs.

Through advanced forecasting and “what-if” analysis, managers can prioritize actions, choose between repair or replacement, and determine optimal timing for maintenance. DIGEST’s framework blends industrial quality solutions, production activities, and human-centered principles in line with Industry 5.0, ultimately enhancing digitalization to reduce costs, increase transparency, and create more efficient, complex business models.

The project emphasizes the importance of integrating human factors, technological innovations, and operational efficiencies to enhance system performance. By analyzing and adapting to changing conditions, DIGEST fosters proactive decision-making that extends asset lifecycles and drives sustainability within industrial ecosystems. This holistic approach aims to improve both economic and social outcomes, supporting sectors like health and education while promoting digital transformation across industries. DIGEST lays the foundation for smarter, more resilient industrial practices in the future.

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