Using Analytics to Build Value

Using Analytics

You can’t be in the contemporary world and be unaware of data: its volume, its importance, and its pitfalls. Whenever we download an app, or buy something online, or even just sign up to a newsletter, we are giving the business our personal data. That business then has the opportunity to leverage that data to its own benefit.

Take Google, for example. The powerhouse began as a simple search engine in the late 1990s, but has woven its way into knowing every aspect of our lives: job searching to dating, where we travel and what we buy. The data—to say nothing about the huge breach in privacy currently being investigated by the ACCC—held by Google is beyond anything we can possibly imagine.

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Predictive Maintenance

Predictive Maintenance

Welcome to the first of four in a series of predictive maintenance. Throughout the month of December, we’ll be taking a closer look at predictive maintenance. In this article, though, we’re going to start at the very beginning, because according to Rodgers and Hammerstein, it’s a ‘very good place to start’. The first paver on the road to incorporating predictive maintenance, and the journey to building value from your assets, lies in understanding:

What is predictive maintenance?

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Historical assets

Airport

On November 12th 1919, two Adelaide brothers, Keith and Ross Smith, made history when they flew from London to Darwin in the Great Air Race, in a Vickers Vimy WWI Bomber. Telegrams sent at each stop seized the interest of the nation; the excitement sorely needed to balm the woes of the recent Great War. The Smith brothers won the race, arriving in Darwin on December 10, 1919, to cheers from a crowd of over 1500 people.

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Climate Emergency and Asset Management

ClimateThere is a lot in the news at the moment regarding climate change and the state of emergency the world is in. The effects of greenhouse gases (GHG) already emitted are considered wholly irreversible, and unless there is a targeted, collective approach to lowering carbon emissions, the world is doomed. Exactly how the world is doomed is unclear: no scientist or futurist is able to give a definitive forecast of how the earth will look if the advice to lower carbon emissions remains unheeded.

But to do nothing is to risk everything.

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