There are three major methods that are used to determine the pricing of machinery and equipment. These methods include cost approach, sales comparison approach and income approach. This article will focus primarily on the sales comparison approach […]
Coronavirus is also known as COVID-19. Its emergence in China was like child play that many thought it will only affect the public health sector. Little did we know that it will become the world’s biggest challenge. […]
One of the most common subjects frequently discussed whenever there is a need to value or appraise the cost of a piece of machinery price is the concept of the principle of substitution. For this reason, it […]
Definition of Appraisal An appraisal is a process or an act of estimating what the value of an asset will be. An appraisal may also be used to assess the market value, insurable value, or investment value […]
Exapro is partner with Neuron Soundware, a smart solution for preventive maintenance monitoring machines using sound. Today, we are happy to announce a new basic package allowing the digitalisation of common machines: the nShield. Powered by Neuron […]
As part of a very global market, the process of buying and selling used industrial equipment can be complex to navigate. Industrial Auction News is the only resource of its kind, giving prospective buyers an up-to-date view […]
For companies wanting to implement IoT in manufacturing, a perfect starting point is IoT-enabled condition monitoring as it drives value immediately and can be driven iteratively. The key role of condition monitoring enabled by IoT is to […]
Neuron Soundware, a progressive Czech start-up, has raised an additional 5.75 million Euros when Lead Ventures and Inven Capital decided to expand into industry 4.0 by investing in the company. Neuron Soundware is a leader in acoustic […]
The Internet of Things is currently a hot topic and there are many articles available on the subject and how it affects our daily lives. In this article, we’ll have a look at some of the important […]
Modern-day research experts and industrialists unanimously agree that the fourth industrial revolution will massively impact the growth, efficiency, and productivity of manufacturing industries all over the world. If the events that led to the previous three industrial […]
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From all the team, happy reading!
