To store their data, many facility managers still rely on large numbers of spreadsheets and/or databases that are inherently inefficient, flexible, and cumbersome. Data duplication and impaired data integrity are common problems. In addition, because this data is typically inconsistently organized in data repositories, facility managers are unable to leverage predictive analytics. These drawbacks typically lead to inaccurate analyses, suboptimal decision making on asset investments, as well as increased risks of business disruption, health/safety incidents, and regulatory violations. This can potentially cost an organization considerable time and money.
Facility managers need a more efficient and effective way to manage their asset information.
Facility and asset management has evolved to integrate with project management, capital planning, regulatory compliance, and sustainability. Accurate data on equipment and other building systems can be leveraged across these disciplines. A single integrated data depository can optimize the use of resources across these related disciplines and create maximum long-term value.
Benefits of Geospatial Analytics Equipment InSite
Geospatial Analytics Equipment InSite is an integrated data repository that facilitates effective analysis of data gathered to optimize enterprise asset decision making:
Using Geospatial Analytics InSite Platform:
The end goal in portfolio and process management is optimization. Capital-intensive assets are distributed to best meet demand, and the organizations responsible for long-range planning and utilization are fully in control.
Outdated business processes are strangling organizational goals of increased productivity and flexibility. Employees struggle to achieve basic awareness of assets, working through disconnected database and functional silos.
A strong process and information foundation creates a platform from which higher value goals can be pursued. Increased operational awareness, better decision-making and shared information lead to a sense of gaining control.
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