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How Digital Immaturity Surges Gas Prices

In the last blog, we talked about the rising cost of compliance issues. But how is an everyday consumer affected by the expensive compliance issues? According to CTV, summer 2018 fuel prices may reach a 10-year high. While the article outlines a key reason behind the...

Maximizing Maintenance Management Effectivity

Today most asset-intensive companies organize maintenance documents through cabinets full of binders, overflowing data in USB or hard-drives. Some might even have a Document Management System (DMS) that requires thorough searching each time you need a document. While...

Poor Quality Data Costing Trillions

$3.1 trillion. That is how much IBM estimates the yearly cost of poor quality data. This is despite companies spending billions already to maintain their data. According to the Harvard Business Review, what makes up that mammoth figure is the “Hidden Data Factory” in...

Mastering Asset Master Data

Although it sounds easy, tracking equipment maintenance is not easy. Maintenance becomes very daunting when you have poor quality EAM/CMMS asset master data. Poor data makes it very hard for maintenance personnel to do their job as well.  Every year, companies spend...

Excel? Great For Crunching Numbers!

MS Excel is a great tool for crunching numbers. But you shouldn’t be using it for asset management. Most of the time, standard spreadsheet formats are used as a way to load key data into operational EAM systems. Although standard spreadsheet formats are great at...