Enterprise asset management (EAM) represents a complex feat, requiring coordinated labor resources and inventory systems to keep assets in good working condition. Traditional paper work orders, spreadsheets and other manual processes simply don't make the cut any longer. Among other issues, they can be time-consuming, error-prone and lead to incomplete information. The scale of industrial data management has utterly changed, too — research from Ericsson shows that the average smart factory now generates 1 petabyte (1,000 gigabytes) of data daily. Adopting a digital asset management strategy can lower equipment downtime, increase labor utilization and reduce inventory needs. Assets are an important and expensive part of an enterprise's balance sheet. With mobilized asset management, businesses gain the real-time data and insights necessary to lower equipment downtime, increase labor utilization and reduce inventory needs. Ultimately, they ensure that their assets are managed properly to maximize their investments. Read this infographic to learn six benefits of mobilizing your production asset management strategy.