SAP INDUSTRY 4.0
EXECUTIVE INTERVIEW The building blocks of intelligent business
Rachel Romanoski , Solutions Manager , Digital Assets , SAP , shares insight on the fundamentals of Intelligent Assets , and how to mitigate risk , downtime and supply chain volatility
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business ’ most valuable assets are those that go relatively unnoticed day to day . When a machine on a shop floor is fully lubricated , running at optimum temperature and pumping out its required units per hour , it requires no intervention or conscious thought . The same can be said for the employee that has all the necessary information at their fingertips to complete their tasks and dedicate their time to improvements .
The harsh reality is often more complicated . Machines break down , they must undergo routine maintenance and they can quickly become a disruption to productivity and a costly hit to an organisation ’ s bottom line . Through the power of Industry 4.0 , Intelligent Assets promises to change that .
RACHEL ROMANOSKI
“ You can do a lot with just a little intelligence ,” Rachel Romanoski , Solutions Manager , Digital Assets , SAP says . “ Oftentimes people think Intelligent Assets need to be the latest and greatest cutting-edge technology . They can be super advanced , such as leveraging physics-based engineering simulations to forecast potential failures , and help mitigate them . But it could be as simple as a temperature reading . You can pull a lot of simple information from most equipment , and by enhancing that data through ancillary solutions and digital capabilities , you can create that Intelligent Asset .”
CUTTING THE COST OF POOR ASSET MANAGEMENT Intelligent Assets provide two fundamental benefits for business , Romanoski explains . " First and foremost ,
114 June 2021