Insights
Inability to utilise GIS data A common problem faced by most field service companies is not properly utilising technician-sourced data, including Geographic Information Systems data (GIS data). In the field service industry, GIS data allows organizations to view all of their assets and infrastructure on a map-like interface for tracking and maintenance. While this concept […]
Read more »
Tagged
Opportunity, not a problem One major change in thought process should be to view risk management as less of an uncertainty but more of an opportunity. While some risks may seem unavoidable, many can be carefully avoided as long as the proper precautions are in place. For this reason, you should definitely invest heavily in […]
Catch early warning signs Predictive maintenance tools utilise data analytics methods to determine when an instrument or set of instruments is likely to breakdown. Let’s say you have some machinery that undergoes severe load on a daily basis. The chances of this machinery breaking down can be quite high. Predictive maintenance tools can use data […]
Conduct Periodic Business Process Reviews Field service operation teams need to undergo period reviews for the business to identify specific functional and technical requirements mandated by EAMs. This is a pivotal step that requires constant revisiting, especially if the original implementation plan was conducted without on-going, end-user involvement. You should also revisit any current processes […]
The Future GIS can be defined as a system that captures, stores, analyses, manipulates and manages spatial geographic data. It refers to a number of different technologies, processes and methods that can use this data in a constructive manner, with applications in engineering planning, logistics, transport, insurance, telecommunication and of course, property management. But how […]
The phrase ‘knowledge is power’ seems to have proven itself time and again. The modern world lives by it in an age of digital information. There are several ways an organisation can better itself, one of them is by segregating and utilising data relevant to the goals set out. The right information can solve almost […]
The rise of automation in the service industry has been a game changer. Industrial automation in the 70s saw a considerable increase in not just the efficiency of manufacturing and maintenance processes but also a marked improvement in reliability. The concept of automation has also begun to seep into fields like asset management, and this […]
In any organisation, the term ‘asset’ may have several implications; monetary assets, employees, software tools, hardware equipment… What we like to define as an asset is every single piece of equipment, building, property or machinery that you possess and that are being used. No matter what the type of assets and how many you own […]
One of the largest sectors to be hit by the digital space in recent times is Asset Management. Its digitisation was inevitable, moving away from an analogous and manual model to a more automated and digitized one. The need arose when it was noticed that a lot of time was wasted in being a reactive […]
Last week’s article highlighted the importance of having an organised and well-structured asset management process. It is from this process that businesses are able to collect an accurate set of data and have a faultless knowledge of their assets. Making strategic decisions and organising the growth of a business then becomes very straightforward. There are […]
As Albert Einstein used to say:“The measure of intelligence is the ability to change” and you, where are you at in terms of changes and management of your assets? Any transformations in the way you operate since the invention of the excel spreadsheet? Driven by governance, risk management and compliance requirements; asset management has always […]
