Post on 18-May-2015
description
eSSETS
Webinar:
Analytics for Facility & Asset Management
Wednesday, May 29th @ 1 pm CDT
Paul Roberts
CEO of eSSETS
paul@essets.com
Web: www.essets.com
LinkedIn: www.linkedin.com/company/essets
Twitter: www.twitter.com/eSSETS
Facebook: www.facebook.com/eSSETS
Webinar Goals
• What is Analytics?
• Who is using?
• Conceptual overview
• FM Framework
• Introduce some terms
• Show & tell in Excel
• Provide at least 1 thing you can use
What is Analytics?
• Using data to make better decisions
• Basic Levels 1. Descriptive – looking back
2. Predictive – looking forward
3. Prescriptive – take advantage of predictions
Who is using it?
• Wall Street
• Law Enforcement
• Insurance
• Retail
• Hospitality
• Consulting
What functions use it?
• Sales
• Marketing
• Operations
• Finance
• HR
Data First
• To analyze data, you must first have data
• Systems (CMMS, EAM, CAFM) help you
gather data
• You are the Analyst eSSETS screen shot
Types of Data Examples
• When
• Where (Place, Location)
• What (Asset type)
• Activity (work) type
• Who – People, Vendors
• How Much
Conceptual Framework
• Dimensions
• Measures
• Hierarchies
Date & Time
Where is it?
Place provide reference
point for analysis:
Where - is a Dimension w/granularity
within a hierarchy
What is it?
Activity Type
• Service Requests
• Action Lists o Inspections
o Preventive Maintenance
Who
• Who asked for it (requester)?
• Who done-it o Your staff
o Vendor/Contractor
Some Terms
• BI - Business Intelligence
• BA – Business Analytics
• OLAP – Online Analytical Processing
• ETL – Extract, Transform, Load
• Data Warehouse
• Big Data
Cluster Analysis
Simulation Modeling
Regression Analysis
Descriptive Statistics
Prescriptive (what actions
should be taken)
Prediction
(What might happen)
Forecasting
(What might happen)
Monitoring (what’s
happening now)
Analysis
(why did it happen)
Analytic Continuum
High
Low
Co
mp
lexit
y
Business Value
Reporting
(what happened)
Behavioral Questions “Who are my best customers?
Where do they live?
What is their most likely next purchase?
Quantity Questions How much inventory do we need to carry?
What stock levels will be left at the EOM?
What will Sales finish at this year?
Optimal Outcome Questions (potential outcomes based on complex interactions)
How can we achieve the best outcome?
What is the impact of a cold winter on our business?
ETL Walk Through
• Extract to csv (comma delimited file)
• Open in Excel
• Format & cleanse the data o Header row
o Filters
• Create Pivot table
• Create Pivot chart
Q & A
• Questions for Paul?
eSSETS
Questions & Answers
Paul Roberts:
paul@essets.com
Web: www.essets.com
LinkedIn: www.linkedin.com/company/essets
Twitter: www.twitter.com/eSSETS
Facebook: www.facebook.com/eSSETS
Next Steps
Contact Paul to arrange for demonstration of eSSETS cloud-based facilities
management software.
Thanks to Ray Major, CEO of Halo Business Intelligence for Analytic
Continuum slide - www.halobi.com