Management guru Peter Drucker is often quoted as having said, “You can't manage what you can't measure.” Because of this, data and analytics (D&A) provide the necessary visibility required for businesses to measure and manage their performance. Measurements like KPIs (key performance indicators) drive business behavior, results...
Enterprise Resource Planning (ERP) solutions are necessary for organizations across all sizes and industry verticals to help the decision-makers take a comprehensive look at all the aspects of the business, identify the key profitable improvements, and make more informed decisions. But an ERP implementation is not...
According to data management research by Experian, 69% of the respondent organizations believe that inaccurate data undermines their capacity to offer an excellent customer experience. Business leaders worldwide have now realized the importance of using clean data to drive their enterprises' success. To meet their expectations,...
Now more than ever, the Oil & Gas industry needs to focus on accurate data management strategies. The industry is expected to attain immense growth as the future promises new technological possibilities and an increase in demand. Already known to rely on data-driven assets, it’s...
Irrespective of the expanse of the manufacturing process, the Bill of Materials (BOM) plays a vital role in production. All companies – large or small – use the BOM as a guide and list of their final purchases. BOM is involved in every step of...
The world has become receptive to the use of data science and analytics technologies. Oil and Gas companies are no different and have been using advanced technologies for data-driven decision-making. These companies can improve production by 6-8% with the adequate use of data technologies. These...
For over two decades, organizations have been accumulating data and building systems to store, manage, and analyze it. Along the way, they've created several governance frameworks competent enough to facilitate some level of control over the data in their possession. However, as the data's sophistication...
Consider this: Businesses spend approximately $50 billion every year in unplanned maintenance Up to 30% of all manufacturing deaths are related to a maintenance activity. Because of unplanned downtime, factories lose 5% and 20% of their productive capacity. The one solution that could potentially solve all these problems is...
Due to the complexity of Enterprise Asset Management (EAM), data quality challenges are inherent in its practice. Such prevalence, however, prevents the asset managers from reflecting upon the substantive state of organizational productivity, performance, and prospective growth. For instance, some organizations' assets are not accurately defined,...
Already a hot topic in corporate boardrooms and faced with accelerating demand due to events like the COVID-19 pandemic, organizations are quickly taking their digital ambitions into reality. In 2021, Gartner estimates that USD 4 Trillion will be spent on IT initiatives worldwide as more...
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
