The advancements concerning the development of ICT systemsincluding Internet of Things (IoT), big data, cloud computing and NoSQLdatabases provide new opportunities and challenges for industrial asset management.The use of NoSQL databases has emerged due to the limitations of therelational databases, in particular, the inability to scale-up horizontally and tomanage the data that is constantly generated by industry. The current workhighlights the key aspects of both relational and NoSQL databases. The paperprovides a review of the database technologies mentioned above. In this context,in order to demonstrate the effectiveness and adequacy of NoSQL databases, areal industrial case study is presented. The authors also discuss the differentdatabase technologies and their suitability in the domain of interest.