Integrating the Analytics

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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,

CALL FOR NOMINATIONS TO BOARD OF DIRECTORS 2018

In accordance with Section 31 of its Constitution, an election is to be held for the Board of Directors of the Asset Management Council, for the term 2018 – 2021. One member of the current Board of Directors is to retire at the AMCouncil 2018 Annual General Meeting and is eligible to stand for re-election for the ensuing three-year term.

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Be Data Driven and Drive Better Results

BLOG19Discover 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).

Big Data – Better Profits

Better ProfitsToday’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’.

Read more here. (This content is available for members only, see our affordable membership options here).

Big Data – Big Benefits?

BLOG 16 imageBig 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.

Read more here. (This content is available for members only, see our affordable membership options here).

Exciting times ahead for AMC

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It was a busy time over the weekend for the AMC, where our leadership team brought together exciting ideas and suggestions for the future of the AMC. It’s looking to be a great few months ahead. If you would like to become more involved and have more of a say, please get in touch with your local chapter and ask how you can get more involved. Remember the Asset Management Council is for you – an organisation built for our members by our members.