Governments and regulatory bodies have been steadily increasing their demand for more accurate, validated and timely data. Organisation Compliance Reporting & Data Analysis requirements have therefore naturally become increasingly important as deregulation and privatisation takes a hold across the globe. Managing assets holistically according to how the business manages the asset and not how the operations group repairs and maintains the asset, no longer needs to be mutually exclusive.
Technology now delivers high speed data acquisition, abstracted data structures which fit your asset model, mega storage, caching of enterprise KPI and performance management information. This means that at all levels of the organisation the appropriate information is presented for users. This no longer means different systems for different work groups. Those days are over.