A method and a system for managing one or more industrial robots used by an enterprise over one or more of the phases of the asset lifecycle. Monitored data from the robot(s) is used to determine the occurrence of an event that affects the robot operation. The monitored data is transferred either regularly or upon the occurrence of a robot affecting event. The remote location estimates from the transferred data an optimized maintenance interval for the robot(s) and analyzes that data to provide a prediction of needed maintenance on the robot(s). The remote location can use the transferred monitored data to benchmark different features and functions of the robots for a particular robot or against a robot that performs the same function or can benchmark one of the robots against a robot in another enterprise.