Big data is a big deal when it comes to asset management, and so is the speed with which it is expanding. Data, and its effective manipulation, has been identified as fundamental to helping organisations achieve their objectives, including managing risk and improving sustainability, delivery and profitability.
Described as “the new asset class; the new oil of the internet”, big data provides insight that can be applied across every element of the supply chain from oil fields and pipelines to refineries, power stations and manufacturing.
Our latest whitepaper looks at the existence of big data, its management and its application in asset management decision making. The paper references content delivered in a presentation given by Professor Richard Clegg, MD of the Lloyd’s Register Foundation, on Big Data at the recent Institute of Asset Management Annual Lecture. In addition, it captures opinion from several professionals on the expansion of data and barriers to its effective use.
To download your copy of our whitepaper ‘Asset Management: From Data to Decision’ please fill in the form below.