Keeping on top of constantly changing information from multiple sources
Project and asset information is hard to keep track of as it comes from a variety of different sources in as many different formats. Each system is optimised to keep track of its own data but, more often than not, the cross-discipline integrity of information is overlooked and left to manual checking processes.
To unite disparate data, project managers may have to search through multiple incompatible systems in an attempt to check for inconsistencies, which is time consuming and prone to errors.
Managing access to information can be as difficult as aggregating it, as well as making sure there is the right amount of data. Too little data can make decisions difficult, causing delay, and too much can increase time needed to analyse and search through.
Independent research has estimated that an enterprise with 500 skilled workers, each spending seven hours per week just hunting down valid information, loses as much as $7.5 million-worth of productivity every year…"Hidden Costs of Information Work” IDC, 2006
The new system’s As-Built Search and Critical Documents Dashboards save about 5% of the time spent searching for information. With 1,000 active users, this is the equivalent of finding an extra 50 skilled workers at no extra cost to the business.Petroleum Development Oman (PDO)
Underpinned by our Digital Asset approach, AVEVA is redefining how organisations access and retrieve the information that they need in order to improve the speed and reliability of their decision making across the project and asset life cycle.Senior Management, AVEVA
Free-up of over 10,000 man-days per year on information discoveryPetroleum Development Oman (PDO)