Data in Asset Management

AMCouncil Data in Asset Management (DiAM) special interest group (SIG) e-news out now, packed with all the latest and greatest data news. Check your inboxes to read all the latest or view it here. Not aligned with the Data SIG? Update your profile here. A quick tick...

Data has changed the world. How we live our lives, and certainly how we work. In asset management, there is no doubt that data can transform maintenance practices, extend the life of an asset, and through these features alone can bring in greater value for the...

With data becoming increasingly more critical in every aspect of our lives, it makes sense to leverage its transformational power. Data is the core capability that ought to underpin every organisation’s business objectives and asset management plans. However, the...

Working with data is a must. In our technical world, we can’t avoid data. Within asset management, data can help businesses build value. This can be achieved via data mining, which is the extraction of patterns within large data sets, and as there is almost always...

Connected assets are not new. Already, we have connected assets: in our schools, hospitals, businesses, media and politics. Laptops, smart phones, tablets and other IoT devices mean that more than ever, we can connect with people all around the world. But what if we...

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There is no doubt that COVID-19 has brought challenges to every aspect of our lives. In the professional arena, many of us are now working from remotely and for those employed in the asset management sector, this fact can usher in a set of unique circumstances when...

The coronavirus has caused an explosion in the use of social media platforms, and particularly software programs that have a videoconferencing option. As more and more of us are remaining indoors, following advice to #stayhome, the way we connect with our work...

Today’s financial market requires businesses to improve productivity and asset performance with less resources and capital. This will come as no surprise to anyone in the business world, and it’s fair to say that this understanding is universal. The problem of...

In our fourth instalment on data this month, we have a look at how data quality can build trust. You may remember the previous article on data related to Google and the case brought against them by ACCC, who alleges the digital powerhouse has been less than honest...