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All Glossary Terms

Ranking Index for Maintenance Expenditures (RIME)

Maintenance definition:

RIME is a prioritization tool used to optimize maintenance expenditures by ranking maintenance activities based on their importance and impact on operations. It helps organizations allocate their maintenance budget more effectively, focusing resources on the most critical tasks that contribute to operational reliability and efficiency. RIME considers factors such as equipment criticality, failure consequences, and cost-benefit analysis.

Our 30-day, risk free trial is only $199.

AssetWatch customers save on average 8x in ROI. That means for every $1 you give us, we give $8 back to you.

Includes professional installation of up to 200 sensors (a $10k+ value)

24/7 monitoring and a dedicated CME for your site

AssetWatch cloud-based software with unlimited licenses

No CapEx, Engineering or IT integration required