5 Biggest Challenges Facing Cities with Bad Quality Data

Posted by Katie Mowery on July 24, 2018

Even the smartest IoT technology available is not useful if it cannot be used to help predict assets’ maintenance needs, reliability, and how they should function in conjunction with other pieces of equipment in the larger ecosystem. That means the master data loaded into any system of record as a digital representation of those physical assets needs to be flawless – or your city/state/government will run into some major issues (and costly expenses).

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The Devil is in the Data: One Oil & Gas Company's EAM Realization

Posted by Katie Mowery on July 18, 2018

Enterprise asset management (EAM) is a strategy to provide an optimal approach for the management of an organization’s physical assets to maximize value. It covers items such as the design, construction, commissioning, operations, maintenance and decommissioning/replacement of equipment and facilities.  By managing assets across the facility, organizations can improve utilization and performance, reduce capital cost, reduce asset-related operating cost, extend asset life and subsequently improve return on assets (ROA).

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What Are the "Things" in IoT?

Posted by Katie Mowery on July 28, 2017

Remember WAY back when “technology” was the hot buzzword? Companies quickly jumped to incorporate it into their messaging, commercials, websites.

REAL PRODUCT DESCRIPTION:

The [company name withheld] Towel is made from a proprietary performance fabric that instantly cools when soaked with water, wrung out, and then snapped in the air to activate the cooling properties. The proprietary technology works by absorbing moisture and perspiration into the fabric core.

But seriously… It’s a towel. Not a smart towel which send data back to your phone, or records your body temperature so you can ensure you’re not overheated. Just a towel.

Quickly, the term technology evolved to a broader definition – “anything involving the application of scientific knowledge for practical purposes.” – Thanks Google.

But in the last few years, we (as creators, consumers, managers of technology), have found our new hot phrase. IoT… The Internet of Things.

WHAT IS THE INTERNET OF THINGS?

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Legacy Effect: The Biggest Risks of Unreliable Data

Posted by Katie Mowery on June 27, 2017

When you get a group of a data-minded people together – we talk about, well… data. We can’t help but live and breathe it, because it’s everywhere. As consumers of data, we have all come to expect organizations to use it to enhance our experiences with them or to improve their own efficiency and processes. Unfortunately, due to our heightened sense of awareness, it’s painfully obvious when that data is wrong, out-of-date or just plain bad.

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3 Hot Topics from SAP-Centric EAM 2017

Posted by Katie Mowery on March 9, 2017

This week, Utopia headed to Huntington Beach, CA for SAP-Centric EAM. Here is a few of the most talked-about topics of the week:

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Data Governance – Not Just a Buzzword

Posted by Katie Mowery on March 3, 2017

It all started at ABC Company's Monday morning management meeting…

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Operational Excellence in Heavy Asset Industries

Posted by Utopia Marketing on October 22, 2014

Life as a plant manager can be a daily challenge. You are responsible for a smooth running operation which includes uptime, periodic maintenance, flawless production, operational efficiencies, and regulatory and safety compliance. In addition to trying to maintain the integrity of reporting and decision support systems at the same time. No wonder it takes a special kind of talent to run a multi-million dollar plant. This special talent remains hostage to accurate asset information.

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Why Data is the Lifeblood of Your Business

Posted by Utopia Marketing on January 3, 2013

Contrary to perception, data does not sit static in a data repository. Data flows through an organization like blood in the circulatory system, and each day, each hour there are a myriad of touches to that “static” data. To the modern business, data is the crucial fluid that carries nutrients (information) to those business functions that consume it.

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