by Kai | Dec 19, 2017 | Data in Asset Management News
Capturing data is all well and good, but converting it into meaningful information that informs key decision making, in a timely way, can be a real challenge. Discover the core barriers to effectively gathering, cleansing and then analysing data so you can improve you data management and ultimately, make better business decisions.
Read more here. (This content is available for members only, see our affordable membership options here).
#bigdata, #assetmanagement, #analytics, #lifecyclecost, #performancemanagement, #assethealthmanagement,
by Kai | Dec 12, 2017 | Data in Asset Management News
Discover how an Australian utilities company used big data-driven insights to optimise lifecycle planning, budgeting and strategic management. The solution was easy to use and easy to understand, enabling the organisation to proactively identify problematic or costly assets prior to asset failure and to use predicted future costs to inform annual maintenance activity. Discover how the intelligent allocation of limited resources and the accurate forecasting of future asset costs provide huge benefits.
Read more here. (This content is available for members only, see our affordable membership options here).
by Kai | Nov 29, 2017 | Data in Asset Management News
Today’s tough financial climate and market competition requires organisations to improve their productivity and asset performance with less resources and capital. Discover how Asset Performance Management (APM) strives to use the increasingly large amounts of data to help asset management professionals make better decisions for their businesses.
For many decades, asset intensive organisations have been collecting data to improve asset performance. Over the last few years, the term ‘Big Data’ has been referred to repeatedly by executives, practitioners, and vendors across industry forums, online blogs, and social media. Recently, the level of interest has shifted from simply understanding ‘what Big Data is’ and more towards ‘How can we use Big Data to improve asset performance and revenue’.
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by Kai | Nov 23, 2017 | Data in Asset Management News
Big Data is a hot topic – there’s an increasing trend to focus on the value that data analytics can bring to business. But despite the buzz, there is very little attention being paid to the quality of all this data. Discover just how important quality is when it comes to your data and learn about a simple four step solution to improving data quality.
With so many new tools and software being developed to provide ‘silver bullet’ solutions, from advanced dashboard and reporting to graphic visualisation and predictive capabilities, it’s important to keep in mind the challenges to managing all this information, and the dangers that inaccurate or poor quality data can pose to your business. Here’s how to avoid potential losses and incorrect decisions being made due to dodgy data.
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by Kai | Oct 31, 2017 | Data in Asset Management News
The Auburn Stabling project involves the construction of a new train stabling facility in Sydney’s north-west, with the aim of catering for the expected increase in train services in Sydney’s inner-west and south-west. Discover how a smarter use of data would prove critical to the project’s success.
Arup were engaged to deliver an Asset Management model for use during maintenance and improvement works. Through the use of leading software integration solution FME, Arup’s team provided a solution which allowed for seamless transferring of features between disciplines regardless of the native format of the design software being used.
Read more here. (This content is available for members only, see our affordable membership options here.)
by Kai | May 31, 2017 | Data in Asset Management News
Using existing data can help you gain early wins with your team. This article outlines two kinds of approaches for quick wins: better visualization and analysis of existing data or deploying an IoT sensor network to collect more relevant information. Read more here http://viewer.epageview.com/Viewer.aspx?docid=b8698ccb-973f-45a7-9d3f-a76200c09b41#?page=20
