Big data, machine learning and the many manifestations that artificial intelligence (AI) is now able to take, are making a big difference to the asset management landscape. Asset management is only just beginning to truly recognise the value that these advanced technologies and developments can offer. In a new and often confusing world full of solutions with futuristic capabilities and the revolutionary promises to match, it can be difficult to know what new things to adopt, and what’s best to keep ‘as-is’.
Asset management as a discipline remains full of slow and tiresome manual processes which are in dire need of optimisation. Huge volumes of data in different formats and of varying quality, flood teams and existing IT systems which creak under the pressure. This data is then often required to be stored in multiple databases to be called upon at a later date in order to inform maintenance regimes or improvement plans. With all of these complex transactions happening on a constant basis, good and proper management of asset data is an incredibly difficult task. When you consider that asset management processes remain far too reliant on manual methods, it’s not difficult to see how time and resource is so quickly consumed.
Embrace the now
By embracing new technologies with ETL, machine learning and/or AI functionality, operational efficiencies can be dramatically improved. Say goodbye to swathes of paper-based records and constant human-data interaction bringing about reliability and compliancy issues. By harnessing FME, data can be cleaned, quality checked, re-formatted and processed before being securely loaded into databases. The workflows used to complete these processes are replicable and repeatable, as well as being operated by a single click per run, or even being fully automated.
FME is the flexible data integration tool used by miso to solve the bespoke challenges that asset managers face with their data processes. It offers an expansive library of capabilities, and is therefore adaptable to all manner of scenarios. Both FME and miso have an illustrious history of providing spatial data solutions, and this is valuable in the world of asset management as there’s naturally a need to locate, record and keep track of assets which exist in the physical world.
Harness miso expertise for successful projects
Spatial is far from the only type of data that asset managers are regularly faced-with, though. Expert miso innovation coupled with the power of FME, means that no matter the form or format of the data; the end result is always more efficient and cost-effective processes.
At miso, we have a solid knowledge of and a wealth of experience in working to improve asset management across a range of large organisations, from the Environment Agency to A-one+. Instead of overawing clients with intimidatingly complex solutions, we communicate clearly, and strive to keep all parties suitably updated at every stage of the process. This ensures that client requirements are met quickly and in a collaborative manner. We revel in solving the congestion on the B-Roads that people in asset management run into on a daily basis; the pinch points that slow processes down, and cause an abundance of frustration.
We’re a great bunch of people to work with. Get in-touch today to see how we can help you to improve your asset management.
T: 0121 232 8000