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Technical Knowledge benefits
After implementing Technical Knowledge Administration your company will experience the following benefits.
Nowadays, it is not enough to manage the productive physical assets; it is necessary to know and utilize their full potential. This is achived by using dynamic knowledge that is communicated with all relevant corporate teams.
The business environment changes rapidly due to many variables in the economy. A well-prepared industry will have the highest competitive advantage. Flexibility is key to maintain a leadership position.
A Technical Knowledge Administration (TKA) solution is one of the first options to address this continuous challenge.
Among the benefits a TKA solution will bring is the opportunity to manage the physical assets with the vision of achieving their maximum potential as they represent a considerable investment. It is the transformation from a passive to an active asset management practice.
TKA organizes the information using collaborative methodologies supported by different enterprise business applications and their enrichment with semantic technologies for Artificial Intelligence.
The information becomes knowledge by integrating different sources of data and relating them contextually. This is a huge step forward that so far was the privilege of big enterprises. This is what the digital transformation brings us; the possibility to capitalize on knowledge by reducing the waste of time, effort, and resources.
Access to knowledge helps production as follows:
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By implementing semantic technologies and Artificial Intelligence (AI), we are preparing manufacturing to conquer the challenges new automated and robotized environments bring and quickly aligning the business with Industry 4.0.
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It promotes an active collaboration culture that facilitates the transfer of knowledge between the different departments and in particular to new employees.
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It improves machinery maintenance and service to achieve a machine availability of over 98% with the corresponding increase in operational reliability and risk reduction.
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It reduces repair and maintenance time from days to hours, from hours to minutes - for less complex tasks.
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It improves spare parts management by optimizing inventory according to your strategic goals and supply chain realities. On average a 30% reduction of tied up capital can be achieved.
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It structures and presents technical and enterprise data in an intuitive and modern interface with multiple channels.
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It connects data by creating an interpretation layer over all structured, semi-structure and unstructured data, across multiple business applications, including computerized maintenance management system (CMMS), collaboration tools such as Office 365 Enterprise, transactional systems such as ERP’s, business intelligence systems, CAD systems, etc.
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It adds a layer of context to data that allows finding the right relevant answers across systems going deep into text analytics.
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It reduces the training time and the acquisition of knowledge and business rules for new employees. Knowledge becomes another tool for people in the plant and in administration, providing active support.
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It collects the daily experience of people working in operations by capturing knowledge in a non-invasive style using voice and natural language processing as well as image recognition.
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It enriches the current documentation and sources of information with standard knowledge models for our industry. This elevates the adoption of understanding and best practices by bringing such standards to manufacturing, design, customer service, and shipping.
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It reveals a new universe of possibilities to sales but creating awareness of the actual potential of the equipment.
