Digital Disruption – Beyond the Hype to Tangible Asset Management Improvement

AMCL’s James Cooper to present at AMPEAK 2018

Tuesday, April 17, 2018. 11:00 AM

James Cooper, AMCL’s Global Asset Information Director, will be presenting a paper at this year’s AMPEAK Conference. James will bring together recent experience and project case studies to provide a point of view on how ‘digital’ is influencing Asset Management.

Asset-intensive organisations face the challenge of improving productivity while enhancing and sustaining the capability and health of their asset base. There is a global trend for government agencies, professional bodies and the supply chain to promote new digital technologies and business models as a solution. Concepts such as BIM, Digital Twin, Artificial Intelligence, Predictive Analytics and the Internet of Things have the potential to streamline business process and enhance decision making. These disruptive digital trends seek to more effectively exploit asset data, but many remain at proof of concept stage or risk failing to realise stated benefits.

Asset Managers are increasingly tasked with investigating which digital tools would benefit their organisation. However, it can be difficult to navigate the landscape of technology, and to align digital with the improvement of Asset Management frameworks and existing Asset Information projects.

This paper summarises these digital trends and how they connect to Asset Management capability. It will define differing maturity states of organisations to adopt digital, in relation to existing Asset Information standards and systems. Case studies will be presented from various industries on how advanced technologies are being used to improve asset data collection, gain insights into asset performance and optimise asset investment planning. Cognitive Computing will be discussed and how organisations can interpret unstructured data and retain expert knowledge.

AMPEAK 2018 is taking place at the Wrest Point Hotel, Hobart, Australia.

For more information, and to book your place for AMPEAK 2018.

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