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Big Data, analytics and
its impact on asset
management
Dr John Wentzel
Chief Executive Officer
Drake & Scull
2014 SAFMA Conference
4-5 June 2014
Social media & business impact
Outcome of the Ford Fiesta 2009 campaign
Impact of social media on leadership
We are now in the era of Big Data
The concept of Big Data
Combing these aspects of Big
Data will allow extraction of
value using new management
approaches
By 2020 the volume of data
generated will fill 3 Libraries of
Congress every second
What can Big Data do?
Using data & remote sensors, KTH has
reduced traffic congestion by 20%, travel
times by 50% and emissions by 10%.
Using networked river sensors measuring
variables in real time officials can improve
resource management & react to problems.
Using machine sensors, climate data and
user energy demand, turbines can be placed
and managed for optimal efficiency
Big Data in facilities management?
What if you could combine access control data,
weather data, air-conditioning performance and
automatically adjust performance to save energy?
What if, using remote smart sensors, GIS co-
ordinates, you did not need to look for your
building stock – but it told you where it was?
What if you could use Big Data and analytics to
identify patterns in purchasing behavior that
correlate with fraud and corruption ?
What if you could combine citizen satisfaction
feedback, staff morale measures and maintenance
records to link asset performance to delivery?
Asset management challenges in the state
Regulatory
Increased demands for proof of regulatory compliance
Costs
Requirement to stretch spend further
Environmental
Societal pressure to demonstrate sensitivity to the environment
Governance
Fighting fraud & corruption
Service delivery
Citizens seeking evidence of improved delivery
All of these challenges
require the use,
manipulation,
transformation and
interpretation of data
Embracing Big Data has
the potential to help
address all of these
challenges
The way forward with Big Data
Treat data as an asset in
the same way that a
physical asset is treated
Have a strategy for your
data, the same way you
have a property strategy
Assess the quality of
your data, the way you
assess asset quality
Consider piloting, on a
small scale, using data in
in asset management
Summary
• Big data is increasingly prevalent and its impact is only
likely to grow.
• Big data can be particularly advantageous when
applied to the management of facilities.
• The use of Big Data moves the management of assets
from a reactive to a predictive approach.
• The use of Big Data can allow the state to meet some
of its most pernicious asset challenges.
Thank You
Please feel free to contact me on jwentzel@drake-
scull.co.za or via twitter @johnwentzelceo

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FM Leadership in a social media context

  • 1. Big Data, analytics and its impact on asset management Dr John Wentzel Chief Executive Officer Drake & Scull 2014 SAFMA Conference 4-5 June 2014
  • 2. Social media & business impact
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  • 4. Impact of social media on leadership
  • 5. We are now in the era of Big Data
  • 6. The concept of Big Data Combing these aspects of Big Data will allow extraction of value using new management approaches By 2020 the volume of data generated will fill 3 Libraries of Congress every second
  • 7. What can Big Data do? Using data & remote sensors, KTH has reduced traffic congestion by 20%, travel times by 50% and emissions by 10%. Using networked river sensors measuring variables in real time officials can improve resource management & react to problems. Using machine sensors, climate data and user energy demand, turbines can be placed and managed for optimal efficiency
  • 8. Big Data in facilities management? What if you could combine access control data, weather data, air-conditioning performance and automatically adjust performance to save energy? What if, using remote smart sensors, GIS co- ordinates, you did not need to look for your building stock – but it told you where it was? What if you could use Big Data and analytics to identify patterns in purchasing behavior that correlate with fraud and corruption ? What if you could combine citizen satisfaction feedback, staff morale measures and maintenance records to link asset performance to delivery?
  • 9. Asset management challenges in the state Regulatory Increased demands for proof of regulatory compliance Costs Requirement to stretch spend further Environmental Societal pressure to demonstrate sensitivity to the environment Governance Fighting fraud & corruption Service delivery Citizens seeking evidence of improved delivery All of these challenges require the use, manipulation, transformation and interpretation of data Embracing Big Data has the potential to help address all of these challenges
  • 10. The way forward with Big Data Treat data as an asset in the same way that a physical asset is treated Have a strategy for your data, the same way you have a property strategy Assess the quality of your data, the way you assess asset quality Consider piloting, on a small scale, using data in in asset management
  • 11. Summary • Big data is increasingly prevalent and its impact is only likely to grow. • Big data can be particularly advantageous when applied to the management of facilities. • The use of Big Data moves the management of assets from a reactive to a predictive approach. • The use of Big Data can allow the state to meet some of its most pernicious asset challenges.
  • 12. Thank You Please feel free to contact me on jwentzel@drake- scull.co.za or via twitter @johnwentzelceo