Utilizing Decision Intelligence Technology Across Industries
Utilizing Decision Intelligence Technology Across Industries
Ross Hansen
Posted 7/9/2024
Decision intelligence (DI) is an interdisciplinary field that encompasses data science, social science, and managerial science to improve the decision-making process within organizations. It involves using advanced analytical techniques, including machine learning, artificial intelligence, and big data to model, simulate, and optimize decisions.
By integrating data-driven insights with human judgment, DI helps many types of companies navigate complex scenarios, predict outcomes, and implement strategies more effectively. Let’s explore three industries where this technology can make a difference.
Maintenance Sector
When you’re a maintenance manager at a large plant, mill, mine, or facility – or perhaps several at once – it’s hard to keep track of everything. You will generally rely on manual checks or information from others to tell you if a piece of equipment might need a repair, for example, or if you’re out of certain products in your storeroom. This means there’s often a time delay – you operate equipment to breakdown, or you run out of components before you order more.
Decision intelligence can help you keep on top of these sorts of issues, taking proactive steps to remedy the problem before it stops normal operations. For example, it may be able to monitor your machinery and automatically schedule maintenance based on condition or service reminders. Or it could place automatic orders for spare parts based on how many are left in the storeroom, or in anticipation of scheduled maintenance. As well as helping plants run smoothly, DI can remove this burden from maintenance managers and ensure there’s no issue if the responsible person isn’t at work.
Healthcare Sector
It’s no secret that the healthcare industry is often working at full capacity. Hospitals oversee a large number of patients, all with different conditions and unique needs at once, making it hard to predict things like wait times or identify if a patient is at high risk. This is especially true because of the number of staff that work in shifts in this sector. A patient may see a variety of different doctors during their stay.
Decision intelligence can use accurate, real-time data to help support the running of healthcare settings. On a wider scale, it can use big datasets to predict increases in certain diseases and improve patient experiences.
Government and Public Sector
This sector is made up of a large variety of different agencies and facilities, all running in a slightly different way. Whilst this allows them to specialize in their own area, it means that other agencies often miss out on beneficial insights. For example, one government agency might do some research on poverty statistics, but not think to share that with the relevant health agency – yet poor health could be directly linked to income.
Decision intelligence can unify different teams, and with the right formatting, allow more than just the original user to benefit from the data. Leaders across the sector will be able to utilize this tool to make more informed decisions and run their agencies more efficiently.
Unlock your Potential with Decision Intelligence
It’s clear that decision intelligence has a role to play in a variety of industries, from maintenance and beyond. Whilst it’s not a perfect solution, it can make many tasks easier and less time-consuming, freeing up team time for the projects that need human resources.
It never ceases to amaze me that no matter what industry you are in or how big or small of a company you work for, success is dependent on the ability to find, attract, hire, manage, develop and retain the right people. I continue to see companies disproportionately dedicate more focus and investment into non-people issues such as technology or equipment than focusing on getting “the right people on the bus.” I haven’t quite figured out why, but I believe it could boil down to one of three reasons:
It never ceases to amaze me that no matter what industry you are in or how big or small of a company you work for, success is dependent on the ability to find, attract, hire, manage, develop and retain the right people. I continue to see companies disproportionately dedicate more focus and investment into non-people issues such as technology or equipment than focusing on getting “the right people on the bus.” I haven’t quite figured out why, but I believe it could boil down to one of three reasons:
The current economic climate dictates that cost management is a critical activity for many companies and their managers. Maintenance is very often seen as an area where cost cutting targets can be easily and quickly achieved. Many maintenance managers take the view that this type of philosophy always ends up with increased costs in the future. This is not true in many cases. 15 years of analysis and review of maintenance programs by the author shows that most maintenance departments are more reactive than they should be and because of this, they over spend and underperform.
The current economic climate dictates that cost management is a critical activity for many companies and their managers. Maintenance is very often seen as an area where cost cutting targets can be easily and quickly achieved. Many maintenance managers take the view that this type of philosophy always ends up with increased costs in the future. This is not true in many cases. 15 years of analysis and review of maintenance programs by the author shows that most maintenance departments are more reactive than they should be and because of this, they over spend and underperform.
“Maintenance is a thankless job”, this is repeated by us every time and also sometimes, use it as a tool to be with the maintenance person. Many a times it's true. We don’t appreciate their efforts as we cannot get their direct results like the sales showing their numbers, production showing their targets achieved and crossed. The maintenance data is also recorded, tracked, presented and analysed, but it is viewed and understood only whenever the production or sales targets are missed due to some failure of the machine. In other words, we try to understand the maintenance data with negative approach and to understand its impact on the business loss.
“Maintenance is a thankless job”, this is repeated by us every time and also sometimes, use it as a tool to be with the maintenance person. Many a times it's true. We don’t appreciate their efforts as we cannot get their direct results like the sales showing their numbers, production showing their targets achieved and crossed. The maintenance data is also recorded, tracked, presented and analysed, but it is viewed and understood only whenever the production or sales targets are missed due to some failure of the machine. In other words, we try to understand the maintenance data with negative approach and to understand its impact on the business loss.
It is often said that "what gets measured gets done". And getting things done, through people, is what management is all about. Measuring things that get done and the results of this effort is an essential part of successful management, but too much emphasis on measurements, or the wrong measurements may not be in your company's best interests.
It is often said that "what gets measured gets done". And getting things done, through people, is what management is all about. Measuring things that get done and the results of this effort is an essential part of successful management, but too much emphasis on measurements, or the wrong measurements may not be in your company's best interests.
Virtually everyone has heard of and will express an opinion on outsourcing. There are clear global trends toward outsourcing and most are experiencing the joys in one form or another. In the maintenance world outsourcing extends from specialized services, contract labor and consigned spare parts all the way to a full, shared risk-reward, incentive-based partnership. There are many benefits in favor of outsourcing, but even with these benefits why would an operating company elect to form a maintenance partnership? What factors must be considered? What concerns? Most important - what are the results achieved and lessons learned after a full year of actual operation?
Virtually everyone has heard of and will express an opinion on outsourcing. There are clear global trends toward outsourcing and most are experiencing the joys in one form or another. In the maintenance world outsourcing extends from specialized services, contract labor and consigned spare parts all the way to a full, shared risk-reward, incentive-based partnership. There are many benefits in favor of outsourcing, but even with these benefits why would an operating company elect to form a maintenance partnership? What factors must be considered? What concerns? Most important - what are the results achieved and lessons learned after a full year of actual operation?
Besides being the central hub for maintenance, the storeroom also provides functions that are absolutely critical to the maintenance operation. These functions are so important that when the storeroom is operating in a best practices mode, the rest of the maintenance operation can excel – the storeroom is the enabler. Put another way, if the storeroom is run improperly (such as poor inventory accuracy, parts unavailable when needed due to poor replenishment and procurement practices, etc), the rest of the maintenance operation has no chance of achieving high service levels of equipment availability and reliability.
Besides being the central hub for maintenance, the storeroom also provides functions that are absolutely critical to the maintenance operation. These functions are so important that when the storeroom is operating in a best practices mode, the rest of the maintenance operation can excel – the storeroom is the enabler. Put another way, if the storeroom is run improperly (such as poor inventory accuracy, parts unavailable when needed due to poor replenishment and procurement practices, etc), the rest of the maintenance operation has no chance of achieving high service levels of equipment availability and reliability.
Training for users of a computerized maintenance management system (CMMS) is a multiple-phase process. There are three areas of training needs: basic training, application (CMMS) training, and internal training.
Training for users of a computerized maintenance management system (CMMS) is a multiple-phase process. There are three areas of training needs: basic training, application (CMMS) training, and internal training.
The effectiveness of maintenance can make the difference between success and insolvency, between limping by financially and organizational excellence. Many companies and organizations consider their computerized maintenance management system (CMMS) and processes as catalysts for achieving a competitive advantage. Yet, good intentions are only part of the recipe for success.
The effectiveness of maintenance can make the difference between success and insolvency, between limping by financially and organizational excellence. Many companies and organizations consider their computerized maintenance management system (CMMS) and processes as catalysts for achieving a competitive advantage. Yet, good intentions are only part of the recipe for success.
Probably 80% of all testing. performed in electrical power systems is related to the verification of insulation quality. This Cadick Corporation Technical Bulletin briefly describes the fundamental concepts of insulation testing including – insulation behavior, types of tests, and some test procedures. For more detailed information, refer to the bibliography at the end of the paper.
Probably 80% of all testing. performed in electrical power systems is related to the verification of insulation quality. This Cadick Corporation Technical Bulletin briefly describes the fundamental concepts of insulation testing including – insulation behavior, types of tests, and some test procedures. For more detailed information, refer to the bibliography at the end of the paper.
Management today is never the same what was yesterday. And India, undoubtedly, has been one place that has witnessed radical changes in Management - be it Man Management, Money or Material Management. And it goes without saying that concept of "Lean" in all fields is the name of the game. Lean Organization, Reduced Vendor base, Shorter Production Cycle, Market Micro-segmentation and Skinned Distribution Points are all globally accepted jargons of the present day cost conscious world.
Management today is never the same what was yesterday. And India, undoubtedly, has been one place that has witnessed radical changes in Management - be it Man Management, Money or Material Management. And it goes without saying that concept of "Lean" in all fields is the name of the game. Lean Organization, Reduced Vendor base, Shorter Production Cycle, Market Micro-segmentation and Skinned Distribution Points are all globally accepted jargons of the present day cost conscious world.
Proper planning and control of spare parts inventory is a critical component of an effective asset management program. If the right parts are not on hand when needed for routine maintenance or repairs, downtime is prolonged. If too many parts are on hand, the enterprise absorbs excessive costs and the overhead of carrying the inventory.
Proper planning and control of spare parts inventory is a critical component of an effective asset management program. If the right parts are not on hand when needed for routine maintenance or repairs, downtime is prolonged. If too many parts are on hand, the enterprise absorbs excessive costs and the overhead of carrying the inventory.
The latest ARC Advisory Group study of the enterprise asset management (EAM/CMMS) software market profiles more than 80 maintenance application suppliers. This number of choices is enough to make any plant manager shudder. How can you pick the tool that is right for you? The tug-of-war between decision makers can make or break the success of an EAM/CMMS implementation. This article addresses the delicate balance of wants and needs, and how they apply in the application selection process.
The latest ARC Advisory Group study of the enterprise asset management (EAM/CMMS) software market profiles more than 80 maintenance application suppliers. This number of choices is enough to make any plant manager shudder. How can you pick the tool that is right for you? The tug-of-war between decision makers can make or break the success of an EAM/CMMS implementation. This article addresses the delicate balance of wants and needs, and how they apply in the application selection process.
What is a failure code? Quite simply, it is a code that illustrates why an asset failed or the reason that the asset failed. Codes can be a number which is cross referenced to a list of actual code descriptions or more conveniently a series of alphanumeric characters that are a logical abbreviation of their descriptions. However, with modern database technology and available disk space, the full descriptions are increasingly being used instead of alphanumeric codes.
What is a failure code? Quite simply, it is a code that illustrates why an asset failed or the reason that the asset failed. Codes can be a number which is cross referenced to a list of actual code descriptions or more conveniently a series of alphanumeric characters that are a logical abbreviation of their descriptions. However, with modern database technology and available disk space, the full descriptions are increasingly being used instead of alphanumeric codes.
The new general manager at Doe Run’s South-east Missouri Mining and Milling Division determined that inaccurate and incomplete maintenance data was a major contributing factor preventing effective management of maintenance costs. Management then decided to obtain the necessary knowledge and tools which would allow implementation and operation of an effective maintenance management program. The company chose to pilot a program at one of the mines, and depending on its success, the program would be expanded to other areas within the division.
The new general manager at Doe Run’s South-east Missouri Mining and Milling Division determined that inaccurate and incomplete maintenance data was a major contributing factor preventing effective management of maintenance costs. Management then decided to obtain the necessary knowledge and tools which would allow implementation and operation of an effective maintenance management program. The company chose to pilot a program at one of the mines, and depending on its success, the program would be expanded to other areas within the division.
An elephant is a large animal and it is doubtful anyone would want to eat one. But the old proverb, with a little twist, has a similar paradox to implementing a computerized maintenance management system (CMMS). Not developing the proper steps to implementation may lead a company to failure.
An elephant is a large animal and it is doubtful anyone would want to eat one. But the old proverb, with a little twist, has a similar paradox to implementing a computerized maintenance management system (CMMS). Not developing the proper steps to implementation may lead a company to failure.
Defining the real need for new software and staying focused is tricky. There are so many variables along the way to a good software implementation that falling off the track is easy. There has to be a central theme to guide the decisions that will be made during the process. Simple steps early in the project keep decisions simple when times get tough.
Defining the real need for new software and staying focused is tricky. There are so many variables along the way to a good software implementation that falling off the track is easy. There has to be a central theme to guide the decisions that will be made during the process. Simple steps early in the project keep decisions simple when times get tough.
This call to action is being driven by reductions in resources, increased desire to maximize capacity utilization, the need to optimize operational performance, and the need to ensure that we are in compliance with company goals, targets and corporate responsibilities. We are being asked to do more with less. Data management is an essential element of the solution to this challenge.
This call to action is being driven by reductions in resources, increased desire to maximize capacity utilization, the need to optimize operational performance, and the need to ensure that we are in compliance with company goals, targets and corporate responsibilities. We are being asked to do more with less. Data management is an essential element of the solution to this challenge.
Good Computerized Maintenance Management Software (CMMS) that schedules preventive maintenance work orders on your equipment is an integral component of any efficient maintenance department. Preventive and scheduled maintenance, efficiently scheduled, will not only reduce your maintenance costs, but will minimize emergency repairs and downtime, resulting in an increase in overall profitability.
Good Computerized Maintenance Management Software (CMMS) that schedules preventive maintenance work orders on your equipment is an integral component of any efficient maintenance department. Preventive and scheduled maintenance, efficiently scheduled, will not only reduce your maintenance costs, but will minimize emergency repairs and downtime, resulting in an increase in overall profitability.
Maintainability can be defined as the ease in time and resources of retaining equipment in or restoring it to a specified operational condition. It directly affects the bottom line because it can impact operations, downtime, maintenance costs, and safety. Maintainability is an important aspect of any system's lifecycle, but process plant engineers typically give it little direct consideration. This is primarily the result of a short-term view of capital project costs that fails to consider lifecycle costs and downstream activities.
Maintainability can be defined as the ease in time and resources of retaining equipment in or restoring it to a specified operational condition. It directly affects the bottom line because it can impact operations, downtime, maintenance costs, and safety. Maintainability is an important aspect of any system's lifecycle, but process plant engineers typically give it little direct consideration. This is primarily the result of a short-term view of capital project costs that fails to consider lifecycle costs and downstream activities.
The cost per kWhr, the "cost of producing electricity", is the cost of the energy which is taken out of the steam by the turbine generator system and converted into electricity. The following paper discusses calculation methods for determining this cost -- a critical step in the process of evaluating cogeneration feasibility.
The cost per kWhr, the "cost of producing electricity", is the cost of the energy which is taken out of the steam by the turbine generator system and converted into electricity. The following paper discusses calculation methods for determining this cost -- a critical step in the process of evaluating cogeneration feasibility.
I was asked recently to give a second opinion on the cause of failure of an axial piston pump. The hydraulic pump had failed after a short period in service and my client had pursued a warranty claim with the manufacturer. The manufacturer rejected the warranty claim on the basis that the failure had been caused by contamination of the hydraulic fluid. The foundation for this assessment was scoring damage to the valve plate.
I was asked recently to give a second opinion on the cause of failure of an axial piston pump. The hydraulic pump had failed after a short period in service and my client had pursued a warranty claim with the manufacturer. The manufacturer rejected the warranty claim on the basis that the failure had been caused by contamination of the hydraulic fluid. The foundation for this assessment was scoring damage to the valve plate.
Few tools are as useful to managing the maintenance workload and effectiveness as the Maintenance Backlog. In many companies today management of the maintenance backlog has been neglected. As a result they are generally drowning in their own data. A poorly managed system has a dramatic effect on the entire delivery of maintenance services.
Few tools are as useful to managing the maintenance workload and effectiveness as the Maintenance Backlog. In many companies today management of the maintenance backlog has been neglected. As a result they are generally drowning in their own data. A poorly managed system has a dramatic effect on the entire delivery of maintenance services.
There are three major types of tools for finding bearing defects using vibration techniques. Which of the tools should you chose for inspections of bearings? The best solution is often a combination of two or three of the tools, but it depends very much on how much rotating equipment you have in your plant, the criticality of that equipment, the speed of your rotating equipment, and how perceptive your organization is to training. A short description of the three techniques follows.
There are three major types of tools for finding bearing defects using vibration techniques. Which of the tools should you chose for inspections of bearings? The best solution is often a combination of two or three of the tools, but it depends very much on how much rotating equipment you have in your plant, the criticality of that equipment, the speed of your rotating equipment, and how perceptive your organization is to training. A short description of the three techniques follows.
There is another, often overlooked, type of preventive maintenance inspection which can not be scheduled at regular intervals. These inspections can and should be done in conjunction with corrective maintenance. Corrective maintenance is defined as maintenance work which involves the repair or replacement of components which have failed or broken down.
There is another, often overlooked, type of preventive maintenance inspection which can not be scheduled at regular intervals. These inspections can and should be done in conjunction with corrective maintenance. Corrective maintenance is defined as maintenance work which involves the repair or replacement of components which have failed or broken down.