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You are here: Home / Articles / 3 Considerations on Data

by Robert Kalwarowsky Leave a Comment

3 Considerations on Data

3 Considerations on Data
Last week’s podcast on CMMS integration and this week’s podcast about Haul Truck Fuel Monitoring (will be released on Jan. 20), really bring home a few points on the interaction between reliability professionals and data.

  • What’s Your Goal? – Data doesn’t mean insight and having more data doesn’t mean that you can use it to add value to your business.  What decisions are you trying to make with the data?  What value do those decisions have to your organization?  What quality/frequency does your data need to be in order to be effective for those decisions.  These questions should be answered before embarking on an IIoT project.
  • Don’t Forget Your SMEs – Data means you have the opportunity to turn it into actionable information.  Your subject matter experts (SMEs) are the ones who can help.  Involve them in your process and use them to point you in the right direction.
  • What’s the ROI? – With any initiative, whether that be integrating your CMMS with PLC data or adding a fuel monitoring system to your haul trucks, ROI should be measured and wins should be tracked.  Wins aren’t only financial but can also include safety, environmental, reputational or other benefits.

Let me know if you’re embarking on an IIoT project and how have you answered these questions by hitting reply!

Reliability Never Sleeps,

Rob

Filed Under: Articles, on Maintenance Reliability, Rob's Reliability Project

About Robert Kalwarowsky

Robert Kalwarowsky joined Fluid Life in the spring of 2014 and currently focuses on machine learning, lubrication & reliability audits and reliability product development. Previously, Rob worked as a Reliability Engineer at Teck Resources and his work focused on condition-based monitoring analytics, failure prediction, risk analysis and spare parts optimization. He also has consulting experience in financial modeling with an emphasis on optimization and cost benefit analysis. Prior to that, Rob graduated from the Massachusetts Institute of Technology (MIT) with a Bachelor of Science degree in Mechanical Engineering with a minor in Management.

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