Clockwork CEO to Speak at Field Service USA 2013 The Emergence of Big Data and Predictive Analytics in Field Service
AUSTIN, Texas, April 23, 2013 /PRNewswire/ -- Clockwork, a global leader in predictive analytics solutions for Enterprise Asset Management (EAM), announced today that Joe Berti, CEO will be addressing attendees at Field Service USA 2013 in a session titled, "Big Data and Predictive Analytics." Berti's presentation will succinctly outline the application of big data and predictive analytics software to optimize the maintenance, scheduling and efficient parts dispatching necessary to maximize the uptime of revenue generating assets.
Berti will share real life examples of how this holistic view of an asset's life cycle gives field service and asset managers the opportunity to proactively access the necessary repair parts, without making unnecessary purchases, all while setting a realistic, metric-based maintenance plan to eliminate machinery downtime and provide consistent revenue generation from capital intensive assets.
Historical maintenance data gives one static picture of the future, but Clockwork Insight LCM™ predictive analytic technology, through a combination of big data, a powerful engine and lightening speed computing, gives managers more insight into asset behavior under varying conditions over the asset's life cycle. "Even if an asset is used three times more or in a different operating condition like high-heat or freezing cold, our predictive analytics software quickly runs through those scenarios and helps companies plan better," stated Berti. "We collect, clean, complete and analyze big data to create hundreds of scenarios, that when mapped against one another provide accurate predictions around what the best options are for the asset."
Specifically, the session will illustrate the value of instantaneous scenario analysis to determine optimal asset availability, utilization and cost:
- Minimize capital and operating costs
- Maximize asset performance
- Optimize inventory levels, placement and costs
- Optimize maintenance scheduling and workforce placement
To learn more about Clockwork's predictive analytics technology click here.
To learn more about Field Service 2013 click here.
About Clockwork: Clockwork is a global leader of predictive analytics solutions for Enterprise Asset Management (EAM) that improve availability and reduce maintenance costs of capital intensive assets. With over 30 customers, the company provides cutting edge solutions that analyze asset data, provide performance visibility to each phase of an asset's life cycle, resulting in increased availability, improved utilization, and billions worth of cost savings and profitability. For more information visit www.clockwork-solutions.com
Clockwork Solutions, LLC. | 1 (800) 994-1336
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About Field Service
Field Service is an annual conference produced by global research and conference company, Worldwide Business Research, based in New York. This year, the Field Service conference will take place from April 22 to 25 in Indian Wells, California. It is the leading service and support event that attracts senior-level service and support professionals from 15 different manufacturing industries including Aerospace, Medical Device Manufacturing, Hi-Tech Electronic, Semi-Conductor and Capital Equipment, Construction, Automotive, Telecommunications Equipment, Energy, Industrial and Agricultural Equipment and more! Field Service tackles the latest strategies in core service functions including mobility, workforce management, technical support and knowledge management.