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‘The future is defined by the way we manage the present’

Asset intelligence. ‘The future is defined by the way we manage the present’. Asset intelligence. Advantage will boil down to how well organisations define & drive their assets. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 13. 14. 15. 16.

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‘The future is defined by the way we manage the present’

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  1. Asset intelligence ‘The future is defined by the waywe manage the present’

  2. Asset intelligence Advantage will boil down to how wellorganisations define & drive their assets 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  3. The missing link Enabling-technology that links the data in our information systems to our real-world assets 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  4. The need for speed There are very few secrets out there anymore. The only competitive advantage becomes the speed aspect. Organisations need to keep embracing innovation & new technology models. At the end of the day, it’s about getting from point A to point B quicker than everybody else. Rollin Ford, CIO, Wal-Mart 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  5. Today’s talking points • ‘What is an asset?’ in your organisation • What is asset intelligence? • How is asset intelligence being used? • Putting it to work to gain competitive advantage • IT’s role in harnessing asset intelligence to drive enterprise performance 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  6. What is an asset? 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  7. Rethinking what is an asset? Any point of interest that’s importantto you & your business Assets = business capability 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  8. Assets are not static • Assets have lifecycles • Assets operate in workflows • Assets can be re-purposed • Assets can be recycled • Assets have history 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  9. More data does not create intelligence Intelligence requires insight Thereal-world asset Asset data must be anchored to the point of interest that provides your business capability 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  10. The explosion of asset data Despite the amount of asset data flooding in, we still have a surprising lack of asset intelligence 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  11. The high costs of managing data In 2010 Cisco spent$77mto store data that hadn’tbeen accessed inmore than a year Gartner estimates more than70%of all data in a typical enterprise has not been accessed within the past year Source | Executive Primer, Cisco CIO Summit 2010, www.cisco.com 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  12. EAM to asset intelligence & beyond Strategic Operational Item-level tracking [RFID] fastest-growing application now > 2016, 37%^ Australia is one of the fastest growing markets for EAM software ‘Asset intelligence’ named a top technology trend for business and IT IDC Press Release | IDC Launches Worldwide Semiannual Enterprise Resource Management Applications Tracker - Market Grows to $16.5 Billion in 1H 2010, 07 Dec 2010, www.idc.com ABI Research Press Release | RFID Growth Potential Remains Strong Despite Current Apparel Rollout Slowdown - July 8, 2011, www.abiresearch.com Depth perception | A dozen technology trends shaping business and IT in 2010” - Deloitte LLP http://www.deloitte.com 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  13. A digital nervous system By connecting thedots between data &real-world assets, businesses can become living organisms forasset intelligence. 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  14. The holy grail Needed: a single source of truth One point of truth we can trust infor better decision making 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  15. The missing link Real-world assets Operational reality Corporate data silos Corporate strategy ? 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  16. What is asset intelligence? Real-world assets Corporate data silos Asset intelligence 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  17. We can’t manage what we don’t know If you don't know where all your laptops, mobile devices and software are located, how can you tell regulatory bodies that your customer information is being kept private? Jane Disbrow, Garnter AnalystComputerworld, 2004 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  18. Intelligence, not more data • What is an asset in your organisation? • Define those assets uniquely • Lock those asset to with all the information stored across your organisation • Access this information from a single source of truth • Intelligence • Decision • Action 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  19. The importance of global uniqueness To extract maximum value from asset intelligence we need globally unique identification of assets at the component level 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  20. The limitation of part numbers Sock Co – Part #1477896 Gun Co – Part #1477896 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  21. There is no global standard Some products will have unique serial numbers Some identification systems identify asset types Still not globally unique 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  22. Global unique identifiers • Provide the key to making discoveries about assets • Ensure asset data integrity • Ensure asset data quality • Ensures consistency, any ‘thing’, anywhere, anytime Ensures all the available intelligence about the asset,stays with the asset through it’s lifecycle 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  23. Real-world business applications 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  24. Business benefits 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  25. The future of asset intelligence 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  26. Relegen foresees Global collaboration 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  27. Network effect 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  28. Crowdsourcing examples 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  29. Putting asset intelligence to work How can we build capabilities forasset intelligence & get the bottom-line results we need in our organisations? 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  30. It starts by asking the right questions What assets are important to you & your business? • Where? Who? How? • Context? • Process? • Relationships? • History? • Real-time? • Is it known data?Or, is it new? 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  31. The role of IT 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  32. Our philosophy ‘The future is defined by the way we manage the present’ 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

  33. Paul Bennett, Managing Director www.relegen.com 1 2 3 4 5 6 7 8 9 10 11 24 25 26 27 28 29 30 31 32 33 13 14 15 16 17 18 12 19 20 21 22 23

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