FEATURE : DATA ANALYTICS
“ Using AI and predictive analytics , businesses can rapidly reap business benefits in terms of customer experience , on-time deliveries , reduced SLA branches , reduction in last-mile costs and greater delivery productivity ,” adds Chokshi .
An engineer developing these tools requires extremely specialised skills . With low or no-code SaaS solutions , business users do not really need any specific skills to leverage AI-powered tools . All they need is to have a clear objective of what it is that they want to achieve using advanced technologies .
Pratibha Pillalamarri , Senior Product Marketing Manager , AspenTech
“ Integrated IT systems that capture plant and financial data , coupled with adept project design and management skills , are essential for success ,” adds AspenTech ’ s Pratibha .
Success in implementation relies on disciplined plant data collection which includes accounting for equipment , process , and instrumentation , grasping operational costs , and recognising the implications of unplanned outages .
Challenges
“ Integrating predictive maintenance within the current strategy requires understanding the existing approach to maintenance and effective data collection . Prioritising reliability is key for business success ,” says AspenTech ’ s Pratibha .
A clear step-by-step strategy outlining objectives , KPIs , and measures is crucial . In parallel , cooperation across all levels , from the factory to management , is vital for success . reduces operational and maintenance costs and improves equipment uptime and plant efficiency . Additionally , its advanced warning feature helps streamline inventory and spare parts management .
The solution also offers rapid value realisation and cost-effectiveness while contributing to sustainability objectives by avoiding unplanned downtime .
Skills required
Using intelligent and no-code SaaS-based logistics management platforms , businesses can literally plug and play AI-powered business intelligence and analytics tools . Such platforms completely eliminate the need to replace existing IT infrastructure owing to their seamless integration capabilities . Generating significant ROI hinges on proper customisation , seamless integration , and change management strategies .
Overcoming these challenges needs careful planning , data integration , teamwork , and a strong commitment to improving reliability . p
THE CUSTOMISABLE DASHBOARDS WITH DRILL- DOWN FEATURES PROVIDE REAL-TIME INSIGHTS , HELPING WITH ISSUE
COMPREHENSION AND PRIORITISATION .
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