Governing data at the point of creation is challenging. Data governance involves deploying active controls to ensure data is complete, meets corporate standards, and follows defined business rules. Data governance ensures strategic data is proactively managed across key data domains such as customer, supplier, finance, materials, assets, etc.
Utopia can assist with Data Governance by:
with Utopia’s data cleansing and enrichment services backed by 18 years of industry-leading experience and powered by state-of-the-art machine learning capabilities.
with SAP Master Data Governance solution extensions by Utopia.
In the current business climate, many organizations find their IT initiatives, like S/4HANA, being pushed out or placed on hold. You need to find creative ways to prepare your organization for the move to S/4HANA, de-risk the project, and demonstrate immediate business value with underlying data readiness.
Utopia enables the acceleration of business value prior to and during your S/4HANA project by understanding and immediately improving your data. Most organizations concentrate on the capabilities and cool stuff in their new S/4 system while neglecting the underlying data. Understanding, cleansing, and ultimately migrating data is often the make-or-break factor for the success of any S/4 program.
Even if you haven’t begun your S/4HANA transformation program or have been forced to hit “pause,” Utopia can help you improve your data now, hands-free. Better data will help your organization today and prepare you for a successful S/4 program when the time comes. Understanding and improving your data now, and deploying a small MDG instance is a No Regrets Step that you can begin today.
Utopia has helped many global asset-intensive companies do exactly that by ensuring their maintainers are working on the right equipment at the right place, with the right spare parts. In addition, this will lead to increased wrench time by at least 25%, first call resolution improvements in a similar amount and increase equipment uptime by 10%.
From our analysis of actual customer data, we have found that only 8% of equipment records contain make/model, only 4% of those have a BoM attached, and less than 10% of required spares are available. Utopia allows you to achieve the 25%/25%/10% improvement by working to ensure all of your field assets are properly represented in your Plant Maintenance system. We then make sure it’s in the right functional location, with a complete spare parts Bill of Materials (BoM). Finally, we ensure all maintenance plans & task lists are aligned and available.