Enterprise resource planning is the integrated management of main business processes, often in real-time and mediated by software and technology.
Master data management
In business, master data management (MDM) is a method used to define and manage the critical data of an organization to provide, with data integration, a single point of reference.
Asset management refers to systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets and to intangible assets
Predictive maintenance techniques are designed to help determine the condition of in-service equipment in order to estimate when maintenance should be performed. This approach promises cost savings over routine or time-based preventive maintenance.