asset management Archives | Page 2 of 51

Asad Malik with Fluke Reliability

Industrial Talk is onsite at SMRP 2025 and talking to Asad Malik, Senior Manager at Fluke Reliability about “AI enabled asset management solutions and insights”.

Scott MacKenzie and Asad Malik discuss the transformative impact of AI on maintenance and reliability in the industrial sector. Asad shares his background in mechanical engineering and his role at Fluke Reliability, emphasizing the importance of AI in enhancing efficiency and work enjoyment. A report by Microsoft and LinkedIn revealed that 75% of AI users are self-reliant, and AI tools have significantly improved efficiency. Asad highlights the evolution from reactive to proactive maintenance strategies, leveraging AI to analyze vast data sets. He advocates for hybrid systems combining AI with human expertise to optimize maintenance processes and predictive capabilities.

Sabira Lakhani and Jack Reinke with Sparetech

Industrial Talk is onsite at SMRP 2026 and talking to Sabira Lakhani and Jack Reinke with Sparetech about “Insights and transparency on inventory”.

Scott MacKenzie hosts the Industrial Talk podcast, sponsored by CAP Logistics, celebrating industry professionals. At the SMRP event in Fort Worth, he interviews Sabira Lakhani and Jack Reinke from Sparetech. Sabira, VP of Product, discusses their technology for reusing commercial furniture and lab equipment, aiming to reduce waste and costs. Jack, an account executive, highlights their software for managing spare parts, reducing downtime by providing transparency on inventory. They discuss the importance of innovation, overcoming tribal knowledge barriers, and the role of AI in future industry solutions. Spirit Tech’s software can be deployed in weeks, offering significant savings through data consolidation and improved efficiency.

Manpreet Singh with Nanoprecise

Industrial Talk is onsite at SMRP 2025 and talking to Manpreet Singh, CEO/CTO at Nanoprecise about “Energy Centered Maintenance”.

Scott Mackenzie interviews Manpreet Singh, CEO of Nanoprecise, about their energy-centric maintenance technology. Nanoprecise’s “Machine Doctor” uses sensors to diagnose and prescribe maintenance for machines, linking mechanical issues to energy consumption. Singh highlights that 75% of a machine’s life cycle cost is electricity, and even minor faults can increase energy consumption by 5%. The platform integrates with existing systems like CMMS and uses AI algorithms to improve efficiency and reduce energy waste. Singh emphasizes the importance of augmenting maintenance professionals’ skills to address the industry’s talent crunch.

Dan Anderson with SMRP and ReliabilityX

Industrial Talk is onsite at SMRP 2026 and talking to Dan Anderson, Chairman of the Board of SMRP and Director of Business Development at ReliabilityX about “The Future of SMRP”.

Scott Mackenzie and Dan Anderson discuss the importance of the SMRP conference for maintenance, reliability, and asset management professionals. Dan, now the president of SMRP, highlights the need to revamp the body of knowledge and make it more accessible through micro-learning series. They emphasize the significance of human interaction in the field, despite the advancements in AI and technology. Dan shares his career journey, from early CMMS software to his current role at Reliability X. They also stress the importance of inspiring the next generation and the synergies between SMRP and the Institute of Asset Management (IAM).

Michael DeMaria with Fluke Reliability

Industrial Talk is onsite at Xcelerate 2025 and talking to Michael DeMaria, Director, Product Management at Fluke Reliability about “Prepare, Predict, Prevail”.

Scott Mackenzie and Michael DeMaria discuss the industrial trends and innovations at the Xcelerate 2025 event in Austin, Texas. Michael, a product manager at Fluke Reliability, highlights the importance of collaboration and learning from each other in the industry. He outlines the “Prepare, Predict, Prevail” theme, emphasizing the need for data-driven insights and automation to manage work orders effectively. Michael also addresses the generational gap in the workforce, stressing the importance of technology and communication to bridge this divide. The conversation underscores the role of Industry 5.0 in integrating human expertise with advanced technology.

The world is changing fast! Industrial businesses are juggling every facet of business maintenance and growth, ranging from technological/digital media adaptations to cash flow management and operational efficiency challenges. How do industrial business leaders stay current while managing growth and casting vision for the future? The answers could be found in a learning environment, but never before has there been a place for continuing education in the industrial business arena. UNTIL NOW…

The INDUSTRIAL ACADEMY IS HERE. Finally there is a clearinghouse for all things industrial to assist the business leader. Course offerings provide up-to-date applicable information in business development, technology, finance, operations and leadership presented in an engaging, movement-oriented manner by those in the know. These professionals don’t just talk the talk. They walk the walk with purpose and passion for building not just the industrial business but also the people who make things happen.

The Industrial Talk Podcast family looks forward to learning and growing with you!

When I was in elementary school, our teacher would show us films of industrial professionals making our lives better. For me, these films instilled the passion for industry.

Today, industry has come along way from when I was a boy. It is innovative and focused on solving problems. In short, it’s really cool and exciting.

We need to teach children, around the world, and bring back the “Cool” and “Exciting” and why industry is a wonderful profession. That means we need industrial professionals to re-instill this industrial passion.

This is the Purpose of Industrial Pop. It is an online learning management platform (LMP) dedicated to educating our youth in the ever expanding and innovative world of industry. We also provide this LMP for our teachers to share with their class.

These are very exciting times for industry and we must begin educating our future and it starts with you. If you are interested, please contact me at: https://industrialtalk.com/contact/ and just let me know that you are interested in positively impacting our future industry leaders.