The importance of having a spatial view of your assets

Figure 1 train-born LIDAR image, courtesy of SSI

Asset management systems that don’t store spatial data, in my view, can cause significant hindrance to your organisation.

 

Whatever your assets, there are many spatial-based techniques to capture data about assets:

  • Drones or planes capturing LIDAR data (a laser scanning technique that captures point cloud data);
  • Aerial imagery; and
  • Various other remote condition monitoring techniques which have a spatial representation.

But if your asset register can’t store spatial data, it is still very hard to “join” or “align” this captured data to the asset record. So why does this matter? (more…)

The benefits of improving data quality

Typically, if we can improve the quality of data, then we will have better information to support decision making. Better decisions will lead to better outcomes/results and will in turn be likely to have better quality data arising from them. As the diagram illustrates, this becomes a virtuous circle where better data ultimately leads to better business results.

For most medium and large organisations, the effective management of data and systems can present significant challenges. Organisations may be unaware that their poor data and bad practices leads to inefficiencies and problems and are, therefore, an avoidable cost to an organisation. Data can, in many circumstances, outlive the software that stores it and the processes and users that created it.

To paraphrase a quality management guru, Philip Crosby:

Data quality is free. It’s not a gift, but it’s free. What costs money are the unquality things – all the actions that involve not getting data quality right the first time and all the actions to correct these data quality issues

So, what are the benefits of improving data quality? (more…)

“Data is an asset” White Paper now available

You may have heard the term “treat data like an asset”, but have wondered what this really means. We have now written a free White Paper titled “Data is an asset” to explain:

  • The nature of the data asset
  • The challenges in managing this fragile asset
  • The benefits that can arise from better management of data quality
  • High profile examples of the problems caused by poor data

Visit our Data and Systems page to request a free download.

How complete is your asset inventory?

Photo from www.webbaviation.co.uk

For infrastructure, transport and utilities organisations, the asset inventory is the central list of all the assets of interest to the organisation. This is a critical enabler for most asset management activities. If an asset does not appear in an organisation’s asset inventory, then it is highly likely that it is not receiving the correct maintenance. This in turn will ultimately lead to asset and service failures, potentially putting customers and employees at risk. In the worst cases, this may affect the survivability of the organisation.

So, how does this problem arise? How can it be prevented?

(more…)

“Manage your data quality” training course now available

Since we have been running our data quality course for some time, we decided that it was time for a full update and refresh of the course. This has now been completed and we have just ‘road-tested’ the new exercises with the help of D-Coded Insights. Adrianne Carter from D-Coded stated that “the way the exercises build up is a really good way to help ensure that delegates understand the content of the course”. 

This one-day course is aimed at people responsible for data management within an organisation, data stewards and data analysts. The course covers:

  • The nature of enterprise data
  • Explores why data is difficult to manage and the generic types of data quality problem
  • Explains the key elements of ISO 8000 Part 150 and related data management techniques
  • Uses our unique Data Zoo concept to explore attitudes towards data
  • Provides tools and techniques to implement a coherent data governance approach

The course enables delegates to develop pragmatic, effective and sustainable approaches to data quality management and data governance that can expand as organisational capabilities improve

Manage your data quality – Flyer

Get in contact if you are interested in finding out more….

 

What are your data beliefs?

speaker180This year’s Institute of Asset Management lecture was given by cognitive psychologist and specialist in leadership performance, behavioural change and culture, Javier Bajer. Javier explained in a very engaging manner three fallacies about change and I thought the final one makes a good trigger for this blog post, namely, the view that changing behaviours and culture takes time, particularly if the beliefs that generate behaviours are not changed. (more…)

The Line of Sight Between Data, Safety and Performance

Line of sight
Line of sight

The safety of an organisation’s people is always of paramount importance. A number of industries place people in environments that carry risk in their everyday jobs. But the importance of data in the drive towards enhanced safety is often overlooked and many professionals can struggle understanding the relationship between data, safety and business performance. It might be difficult to get real engagement from all stakeholders, without a clear line of sight describing the relationship between data, data-driven safety planning and, therefore, data-driven performance enhancement. (more…)

Does your data give you a Bloomer or sliced granary loaf?

bread-2

I guess it depends on what you want; both would be acceptable as a piece of bread. However, the occasion and its intended use will be the likely leading deciding factors. For example, a roll may be more appropriate for a dinner party, a bloomer with a bowl of soup, a sliced loaf for a sandwich, etc. Unless you specify ‘what’ you require from your delivery or your shopper then they may bring to you the wrong kind, and spoil the occasion or the experience you were hoping for. The same is true for data…. (more…)

Can you do effective Business Analysis without Data Analysis?

Image result for business data analysisA colleague and I attended a well respected Business Analysis conference this week. One of things that we both noticed was that, whilst there was much talk of lean/agile approaches and customer engagement, there was precious little talk about data analysis. With the rare exception of a ‘green field’ situation, all technology developments will need to consider legacy data. So, can you do effective Business Analysis without Data Analysis?

(more…)