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Utopia, Inc. is a global strategy and services consulting firm focused on Enterprise Data Lifecycle Management (EDLM). EDLM is the combination of processes, strategies and applied technologies
to manage and improve the lifecycle of data / information across an enterprise. Utopia helps its clients develop an enterprise data strategy and roadmap to manage data as a key asset. Utopia’s services span the entire lifecycle from creation to migration to data governance to archiving.
COMPLIMENTARY EAM WHITE PAPER
The Devil is in the Data
This white paper explores the findings and insights gained at the conclusion of an EAM Data Analysis for a global oil and gas company. On the outset, the client sought to optimize their EAM processes, reduce inventory and improve plant maintenance and operations. They found that key business processes were compromised as a result of incomplete and inaccurate data in the company’s production ERP systems. The knowledge gained provided opportunities for process and business optimization as well as unforeseen benefits related to business insight and decision making.
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Although there is little debate that consistent, accurate
and reliable data provides the foundation for making informed business
decisions, many companies are hamstrung by poor structured and unstructured data quality
and lack well developed business processes that allow them to manage data across the enterprise. Even the most advanced organizations, powered by sophisticated
enterprise software packages, find themselves making substandard decisions
as their view of the "truth" about their organization is often
incomplete, or worse, incorrect.
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