Our Blog

10 May 2018

Millions of Assets, One Location

May 10, 2018Blog

When established asset-intensive intensive companies are looking to improve their data, a common issue that many face is having their assets on multiple legacy systems but not in one central location. Multiple legacy systems can create duplicated material, causing a multiplication effect in not only time but cost as well. Small companies may be able to get away with it for a while but companies that deal with thousands, if not millions of assets will struggle. Their data accuracy will take a dip and can add up to being a massive headache. Even just having a couple of legacy systems with a few thousands of assets can bombard your team if anything ever goes wrong and in turn, makes it harder to fix the issue. Poor data integrity will cause large communication gaps between departments, leading to poor or wrong decisions made by employees. This makes it almost impossible to make real-time decisions, leading to a loss of revenue and competitive edge due to the mismanagement issues that were never addressed.

Having high-quality maintenance data for all your assets, where everything is stored in one location, results in data that is organized in a functional way. Looking for information in multiple locations only to find out that the data you possess is outdated, is frustrating and time-consuming. Just one copy of data, with the most up to date version, results in workers making fewer mistakes on the job, increased wrench time, and decreased expenses.

What can you do to combine multiple legacy systems?

NRX AssetHub provides businesses with a single tool to automate the loading of all legacy data. From each unique system including data from a spreadsheet, text files or other solutions. Some of these solutions would include software such as SAP EAM, IBM Maximo and Ventyx AssetSuite. Providing a central view of all assets, increases ease of use and provides useful functionality when maintenance professionals are doing their work. Thus, allowing assets to integrate fluidly into one another, removing any duplicates and ordering files in a hierarchal path. This helps our customers evaluate the completeness and quality of the asset and maintenance data in their EAM systems. After combining your data, conduct a data quality report to identify missing data based on a predefined set of criteria to measure the entirety of the data. The report should highlight gaps in every object type, providing customers with the information and tools needed to enact repairs.

Want to learn more?

NRX AssetHub provides maintenance and reliability professionals at asset-intensive businesses. With world-class software solutions for analyzing, visualizing, building, editing, organizing, approving, and sustaining high-quality Asset and Maintenance Data for the Enterprise Asset Management (EAM) and Computerized Maintenance Management (CMMS) systems. We help our customers get their CMMS data right. To learn more about how NRX AssetHub can help your organization, check out our data migration brochure or contact us at 1-877-603-4679.

 

Share this article

Facebooktwittergoogle_plusredditpinterestlinkedinmailFacebooktwittergoogle_plusredditpinterestlinkedinmail