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...

Poor Data: Stop The Virus

Many asset-intensive organizations depend on the data in their EAM or CMMS systems to drive the maintenance practices that keep their business running efficiently. When you have poor data quality that is incomplete and inaccurate it affects your company as a whole....

Stop struggling with equipment tags

Managing huge numbers of equipment tags to identify and track assets can be a lot of work. That’s why so many companies struggle with their equipment tag management. Unfortunately, some of the processes used by companies today have resulted in inconsistent, duplicate,...