White Paper: InStep Software
Predictive Analytics: The Power to Predict
A comprehensive equipment maintenance program should include a mix of predictive, reactive, preventative, and condition-based measures. But in the age of big data and analytics, predictive maintenance should be leading the way.
Is your enterprise focusing on right key components of a comprehensive predictive analytics and equipment maintenance program?
This whitepaper on “The Power of Predictive Analytics” describes in brief about the below topics:
The (unfortunate) predominance of reactive maintenance
Components of a comprehensive equipment maintenance program: Elements of different approaches
The power of predictive maintenance software: Predictive analytics techniques
Advantages and disadvantages of Condition Based Maintenance (CBM)
In order to truly monitor the overall health and performance of critical enterprise assets in real time, predictive analytics must be at the heart of any comprehensive equipment maintenance program.
The Oil and Gas sector is an attractive target for hackers, and the cyber-attacks against companies involved in the industry continue to grow in number and sophistication, experts agree. SAP and Oracle systems are widely used in the industry (according to the SAP’s statement, more than 70 million barrels per day of oil are produced by companies using SAP solutions). ERPScan research team revealed that the enterprise applications located in the corporate network or even on the Internet are usually connected with devices in OT network; and the number of such connections is growing since the integration between OT and IT systems becomes deeper. This fact puts the oil and gas companies at risk of cyber-attacks. To lay the basis for further studies, the researchers provided brief introduction to Oil&Gas industry and short overview of enterprise application used in this sector. In particular, this white paper describes vulnerabilities in SAP xMII, SAP Plant Connectivity, SAP HANA, Oracle E-Business Suite platform.
For any small insurance agency, deciding to make the investment in technology is a risk. Technology has changed the insurance game, and small agencies can benefit from having sophisticated, yet simple technology embedded in their culture from day one. As the insurance market place changes, it is going to make it more difficult for brokers who do not have technology as time goes on. In this whitepaper, learn how having technology in your agency can differentiate you from the rest and how to leverage technology to your agency’s advantage. It highlights: What is technology in the insurance industry and what can it mean to a broker, especially a small agency? Keys to success when leveraging technology in small agencies Technology in the small agency sphere Differences in line of business
What is Business Intelligence ?
Business intelligence is a technology-driven process in which variety of software applications are used to analyze organization’s raw data and presenting the information in actionable format so executives and business leads can make better decisions looking at them. Although business intelligence has some common functions, it includes three basic functions: data mining, data analyzing and data processing.
What is Manufacturing ?
The process of converting raw materials in to well finished goods that can meet consumer’s expectation is known as Manufacturing. Manufacturing is a process where goods are produced in bulk quantities to meet customer’s requirement. Basically manufacturing is an engineering function where raw materials are converted into products that can be used for some particular purpose.
What is marketing ?
To sell a product, a company follows some marketing techniques and strategies to get themselves identified by the customers in the market. It basically involves some marketing plans in order to ensure that the right-mix of products is reaching the right audience. It starts from the production department to the product manufacture; marketing department focused on promoting, distributing and pricing the product