big data

  • 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).

  • Big Data Analytics for a Strategic Approach to Asset Management

    AnalyticsAsset-owning organisations seek to optimise lifecycle planning, budgeting and strategic management. To read about a case study that used Big Data Analytics to provide a large Australian utilities company with data-driven insights that help them to achieve these key objectives for their geographically-diverse high-value asset portfolio, please visit here.

  • Big Data Case Study - Big Data Analytics Deliver Effective Asset Management Solutions

    Anil Jaiswal, Strategy Manager, Servicing & Asset Strategy, Sydney Water (NSW)

    Since 2009, Sydney Water has progressively invested in a state-of-the-art enterprise data warehousing (EDW) and business intelligence (BI) technology. EDW gathers data from various disparate operational data sources such as maintenance management system, control and monitoring system (SCADA), finance, HR etc. BI provides advanced data mining and analytics capability.

  • Big Data Case Study - Feeding an AMP, Sewer Reticulation Pipes in Metropolitan Perth

    John Nazimek, Senior Asset Management Engineer, Water Corporation (WA)

    As first steps in creating an ISO 55000-compliant asset management plan, an academic exercise was undertaken by a Perth Region Allice staff member to analyse a sample set of approximately 3,000 known pipe blockages.

  • Big Data Case Study - Using PCMS (Plant Management and Control System) data to improve Asset Management

    Philip Vincent, Asset Engineer - Clem Jones Tunnel, Brisbane Motorway Services, Leighton Contractors (QLD)

    At the CLEM7 tunnel we use Maximo to help us manage maintenance and record the condition of assets.

  • Big Data Case Study -Vehicle Health and Usage Monitoring Systems program (VIC)

    Michael Bray, Program Manager, Vehicle Health and Usage Monitoring Systems, Department of Defence (VIC)

    The aim of the Vehicle Health and Usage Monitoring System (VHUMS) Program is to provide equipment managers with quality information to enable timely decisions making that will realise effective sustainment of Land vehicle fleets.

  • Big data is a big deal in the world

    Big Data

    We are all connected: to each other, to our devices, and to a vast number of systems within the government and private sectors. This is quite obviously due to the arrival of the Internet of Things (IoT), those wearable and portable devices that connect us to the internet. Such gadgets yield copious amounts data, and present both huge challenges and fabulous ways to build value. Known as big data, it has totally revolutionised the way many businesses and organisations operate.

  • Brisbane talks Data Use in Asset Management

    Image 4Wednesday 22nd May saw 60 delegates attend the Brisbane Chapter technical session on Data Use in Asset Management. Daniel Osbourne, Graham Heiner and Wayne Holtham provided a wide variety of thoughts and examples on how data can be captured and utilised within organisations to inform decision making, and even discussed how decisions can be made with apparently no data. 

    You can view the presentation shared during the session at the following link: (Content available for members only. To see our affordable membership options, visit here).

    - "Do you hope, or do you know?" Data Use for Asset Management

    - Evolution of Asset Management - Using Data and Information

    - Data Driven Decision Making

  • Cyber Threats to Infrastructure

    Cyber ThreatsEvery society depends on infrastructure: energy, roads and transport, supply chains, water, and communications. The computerised connectedness of all critical infrastructure, along with our dependence on its reliability, means it is exposed to cyber-attacks and functioning societies are therefore at risk of significant disruption.

  • Data and Decision-making

    Data is a critical asset that can determine a business’s success, when integrated with asset management frameworks and appropriate tools.  

    Given the amount of data available, it is easy for some organisations to feel overwhelmed. The challenges presented by data, particularly when attempting to move it from an afterthought to a critical facet of operations can be paralysing. The various tools available to assist in extracting data can sometimes only add to the sense of paralysis.

  • Data Newsletter out now


    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 of the 'data' box makes sure you're on the mailing list for all maintenance news tailored just for you.

  • Data Rich, Intelligence Rich!

    Data RichMany businesses can find themselves overwhelmed with data. Asset managers can also feel inundated with data. Collating vast amounts of data into asset registers or folders is one way to store and protect the valuable information. But without linking into an asset management strategy that supports long-term business goals, your business will only leak value and increase risks. Too much data and incorrect use makes the business data rich, but intelligence poor.

  • Digital Engineering – Transforming Transport for NSW

    data tra

    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 ability to capture, store and leverage data in almost every business and organisation is ad-hoc. Data storage systems are organic, a game of catch-and-grab, mainly due to the three Vs of data: verocity, volume and variety. This shambolic method often results in information silos, making asset management strategies increasingly difficult.

  • Drone Data – The Challenges, The Opportunities

    What might it feel like, I wonder, to step outside your front door and be followed by a drone. Every step you take, every move you make, it’ll be watching you - is the tune by The Police buzzing around your head - recording you, collecting data about you. Imagine the sky filled with drones, all of them targeting numerous individuals at once.

  • EoI sought for web based publication 'An Interactive Guide to Asset Data Management'

    Expressions of Interest sought. Be part of the web based publication - An Interactive Guide to Asset Data Management - Closes Friday 9th April

    The Data in Asset Management special interest group is writing an interactive guidance document to support asset data management aligning to the Asset Management Capability Delivery Model and Asset Management System Model.  

    The document is to be written by members for members capturing experiences and sharing stories, tips and tricks to assist practitioners around 10 key themes.

  • Improving Profits Using Data

    Imrproving Profits Using DataAsset-intensive industries continually strive to improve profitability while at the same time reducing business risk and expenditure. Today's financial climate and market competition require organisations to improve productivity and asset performance with less resources and capital. A recent study indicated that around 47% of organisations associated the inability to achieve asset management goals with the 'lack of visibility into actual asset condition and performances'. To read the rest of the article co-written by Mustapha El Hayek and Ian Gordon from Meridium, please visit here.

  • Integrating the Analytics

    BLOG 20

    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,

  • Make profits great again with data


    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 implementing it as an asset management strategy is another story altogether.

    Many organisations don’t associate the inability to achieve asset management goals with a clear, whole-of-business understanding of asset condition and performance. Asset management connects assets, strategies, people and information to enable a clear view of operations, maintenance, perceived risk, and future condition of physical assets.