Intelligent CIO Middle East Issue 88 | Page 26

TRENDING
Given the current pressures on the energy sector , tools that help maximise uptime and drive efficiencies through enhanced asset management are key .
Organisations need – and desire – more clarity and certainty about what these solutions will deliver . A large proportion ( 79 %) say it ’ s important for enterprise software to have the embedded capability to set and measure critical KPIs . Companies surveyed want KPIs on improving resource utilisation ( 34 %), extending the lifespan of assets ( 30 %) and increasing asset reliability ( 28 %).
The survey also highlighted several other key barriers to the adoption of enterprise software systems across the energy sector . Some ( 26 %) highlighted a lack of clarity about the resources and skills needed and 19 % say a poor business case makes adoption look costly . Other reasons include a lack of consensus on priorities across their leadership team – cited by nearly a quarter ( 24 %). approaching it one function at a time , with 18 % in total starting with an asset management solution .
The adoption of advanced asset management solutions
Carol Johnston , VP Energy , Utilities and
Resources at IFS
More than a third of organisations ( 37 %) list asset management strategies among the Digital Transformation outcomes that will have the biggest impact on their company – and 74 % say it is important that an advanced asset management solution gives them improved maintenance , moving from scheduled to predictive asset maintenance , for example . Given the current pressures on the energy sector , tools that help maximise uptime and drive efficiencies through enhanced asset management are key .
Where companies are now on the Digital Transformation journey
Only 17 % of companies polled for the survey report having completed their Digital Transformation journeys . Organisations have varying approaches : 65 % are
When respondents were asked to consider what they want from an asset management solution , improved maintenance is followed in order of importance by scheduling and dispatch ( 71 %), improving supply chain management and reducing inventory costs ( 70 %), mobility ( 69 %) and support for compatible units ( 69 %).
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