Title
Analytics-driven asset management
Abstract
Asset-intensive businesses across industries rely on physical assets to deliver services to their customers, and effective asset management is critical to the businesses. Today, businesses may make use of enterprise asset-management (EAM) solutions for many asset-related processes, ranging from the core asset-management functions to maintenance, inventory, contracts, warranties, procurement, and customer-service management. While EAM solutions have transformed the operational aspects of asset management through data capture and process automation, the decision-making process with respect to assets still heavily relies on institutional knowledge and anecdotal insights. Analytics-driven asset management is an approach that makes use of advanced analytics and optimization technologies to transform the vast amounts of data from asset management, metering, and sensor systems into actionable insight, foresight, and prescriptions that can guide decisions involving strategic and tactical assets, as well as customer and business models.
Year
DOI
Venue
2011
10.1147/JRD.2010.2092173
IBM Journal of Research and Development
Keywords
Field
DocType
customer-service management,analytics-driven asset management,asset management,physical asset,eam solution,decision-making process,asset-related process,core asset-management function,effective asset management,tactical asset
Information management,Computer science,Real-time computing,Business model,Investment management,IT asset management,Analytics,Procurement,Digital asset management,Asset management,Process management
Journal
Volume
Issue
ISSN
55
1&2
0018-8646
Citations 
PageRank 
References 
1
0.38
12
Authors
24
Name
Order
Citations
PageRank
A. Hampapur134217.99
H. Cao211.06
A. Davenport310.38
W. S. Dong410.38
D. Fenhagen510.38
Rogério Feris6152989.95
G. Goldszmidt731956.44
Z. B. Jiang824236.08
Jayant Kalagnanam92015151.88
T. Kumar1010.38
Hongfei Li11393.73
X. Liu1210.38
S. Mahatma13253.13
Sharath Pankanti143542292.65
Dan Pelleg151552107.09
Wei Sun1653175.97
M. Taylor1710.38
C. H. Tian1810.72
S. Wasserkrug1910.38
Lexing Xie201741110.30
M. Lodhi2110.38
C. Kiely2210.38
K. Butturff2310.38
L. Desjardins2410.38