Unlock the value of unstructured data in EAM
Date
2015
Authors
Gao, J.
Koronios, A.P.
Editors
Lee, W.
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Conference paper
Citation
Lecture Notes in Mechanical Engineering, 2015 / Lee, W. (ed./s), pp.265-275
Statement of Responsibility
Conference Name
7th World Congress on Engineering Asset Management (8 Oct 2012 - 9 Oct 2012 : Daejeon City, Korea)
Abstract
Gartner suggested that 80% of organisational data is unstructured and hasn't made available to the users. As a result, most organisations have far more data than they possibly use; yet, at the same time, they do not have the quality data they really need. With the participation of an Australian utility company, this research demonstrated the value of unstructured data found in the plant incident reports (which are word documents stored in the public directory of the exchange server) by conducting text analysis with special in-house developed software.
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Copyright 2015 Springer International Publishing Switzerland