In uncertain times, those who can adapt to constant change will outperform those who are stuck in their ways. This is a well know piece of wisdom, and does not constitute a new insight, however the ramifications thereof have never been more poignant and relevant.
And while the world is trying to make sense of what has happened, and what lies ahead, one of the most consistent restraints analysts face is lack of data. I daresay that if the world had better information, the pandemic would have been treated differently, perhaps in a better way.
Herein lies the question you need to answer about your organisation and its future: Are you making adequate use of your data?
Currently, more of your personnel are working remotely. The rules of the game are slowly but surely changing, benefitting those who have embraced digitalisation. Working remotely poses efficiency and productivity risks to those who are not making productive use of their data.
Herein lies the trap. Simply going digital does not really solve your problems if you are facing reduced demand and have decreased your production forecast. All personnel who can, are working from home, and those who do not need to be permanently on-site, are working reduced shifts. This will result in reduced revenue while increasing costs and operational complexity. Something needs to fill the gap, and to take up the slack that is being introduced into the system. Here we come into the potential benefits from digitalisation done right.
You can simply no longer afford to make bad decisions. As one of the major players in the field of deploying AI to drive APM, we see first-hand the benefits enjoyed by those who are making use of our expertise.
With BluESP solutions you can make extensive use of existing data to not only optimise current asset performance but to reap the full benefits from predictive maintenance to minimise downtime.
Considering new scenarios or are unsure of how to structure processes? Our software has accurate predictive capabilities that can help you find the optimal path to success in these uncertain times.
One of the major benefits, is that our solutions work in a way that your staff do not need to be both Engineers and Data Scientists. Their operational knowledge of equipment will be enough, our software will then take over and do the heavy lifting by analysing and sifting through data points to find critical information and indicators to point you in the best direction.
Beware the trap of digitalisation done wrong! Call us today and let our consultants explain how we can introduce a new system, or help you maximise the benefits from your current system.
This article is written by: Wilhelm Swart – Managing Director | BluESP