Predictive maintenance based on big data and geospatial data seeks to define the best time to perform work on an asset, so that maintenance frequency is as low as possible and reliability is as high as possible without unnecessary costs.
Maintenance teams are beginning to embrace the use of big data and predictive modeling to improve performance, which helps establish maintenance programs that reduce downtime and save maintenance costs, while extending the life of their equipment, reducing unnecessary tasks and optimizing spare parts inventory.
Government and municipal entities can leverage location intelligence to optimize strategic planning, improve the quality of public services and optimize their budgets.
What type of solutions does location intelligence provide to governments
With Big Data management techniques, companies can optimize their strategic business planning, by taking advantage of market and companies' data.
Big data has emerged as a powerful tool that organizations can use to leverage data-driven decision making for better strategic planning, determine which market niches of their products, are growing or shrinking, obtain traffic data of their stores or website, determining where they come from, what kind of devices they use, dwell time, and foot traffic patterns to help analyze which promotions and efforts are successfully driving their business.
Data has proven to be a competitive differentiator in different business sectors. The performance of any organization is highly correlated to the maturity of its data, so it's important to know in which level you are in this process.
What is Data Maturity?
Data maturity is a measure used to determine where a company's data quality, structure, distribution, security, and analytics are in their progress.
The globalization of supply chains, and outsourcing of services and production, exposes companies to new risks.
Humberto Breccia, from the ADEN Business School, discusses the processes that need to be implemented by companies so as to "minimize losses and maximize the value perceived by customers."
From the questions How to do it? Where to begin? How to control it?, comes the logic of the steps required to manage operational risk:
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The lack of definition of a comprehensive agenda focused on identifying the root of the problem seems to be the reason.
Latin American countries have shown significant levels of economic growth in recent years pushed by, among other things, the favorable international environment. However, the productivity of Latino workers seems not to have kept pace.
Taking time to eliminate hidden costs in business may be the best short-term investment.
In the article by Omar Becerril at Altonivel.com.mx, he highlights some of the types of expenses in which businesses often incur. Even highly efficient processes may be covering up unnecessary costs that can be avoided.
1. Cost of obsolescence:
Nothing is more detrimental to sales of products than to look old next to the competition.
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Ideas to align your team with corporate objectives and make them feel backed up by their boss.
Martin Zwilling, investor and entrepreneur in the technology sector, shared some tips with Bnet.com on how to motivate the staff and make them feel engaged to the company:
1. Do not send mixed messages to employees, there is nothing more disconcerting than to say something today and something to the contrary tomorrow.
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...