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