Why are some businesses ill-equipped for digital transformation?

Posted by Katie Mowery on December 27, 2018

As we approach the end of 2018, we’ve seen many conversations go back to this concept of digital transformation. How can you know if you’re really transforming your business, or even more so, doing it well? As millions of dollars are being invested by organizations in programs to evolve and change to face market, consumer or industry demands, it’s imperative to know if what you’re doing is setting you up for success. This depends on a foundation beyond just the infrastructure that can enable your transformation – it’s beneath that, at the very core… your data.

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IIoT Integrated ERP Systems... Are We There Yet?

Posted by Tom Martin on December 13, 2018

Enterprise Resource Planning (ERP) systems are at the heart of business. Across the entire organizational value chain, ERPs are rapidly consuming, aggregating and disseminating data. From the shop floor to the to the top floor, ERPs have made us smarter, more efficient, more accurate and ultimately, more profitable.

Most large, asset intensive companies have had ERPs in place for some time now. And yet, capturing, aggregating and distilling accurate data is still is a top pain point. Recent studies by KPMG and Gartner have found that 56% of CEOs are concerned about the quality of their data and that only 3% of company data meets a minimum threshold for data quality.

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Strengthen Your Asset Master Data with Data Governance

Posted by Katie Mowery on December 12, 2018

When talking about building an intelligent enterprise, you hear words like IoT, smart devices, digital transformation. In reality, it's usually taking “dumb” infrastructure and making things “smarter,” by adding technologies like sensors, transmitters, digital meters and so on, without actually changing the infrastructure itself.

But even the smartest technology is not useful if it cannot help predict assets’ maintenance needs, reliability, and how they should function in conjunction with other equipment. That means that master data loaded into any system of record as a digital representation of those physical assets needs to be reliable, real-time and integrated across every system that maintains a digital twin of that asset.  

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