This article first appeared in the
Winter 2017 issue of The Record.
A successfully digitally transformed company:
Understands its data sources
They should have an enlightened understanding of the majority, if not entirety, of its data sources – where they originate from; how they can be accessed; what aspects of the organisation they affect.
Knows the true worth of their data
Once an organisation realises the data gold mine they already possess, they will want to secure it, ensure its continuity, archive it for benchmarking, and find ways to better analyse it in order to improve processes and save on associated costs.
Multitasks its data
Such an organisation will ensure that its important data can be visualised and acted upon (via digital controls) from anywhere in the world via any device; stored and retrieved via high-speed data historian; and analysed for multiple purposes (e.g., energy management, fault detection and diagnostics, etc.).
Melissa Topp is senior director of global marketing at ICONICS
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