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Thought-leading companies in asset-intensive industries realize that accurate asset master data is essential to effective operations. In fact, inaccurate or incomplete asset master data can cause a broad range of problems including increased environmental, health and safety risks, regulatory violations, reduced facility uptime, and increased capital project costs.

SAP, Utopia and OpenText are developing an asset data governance framework to support the synchronized governance of both documents and data. By leveraging the ‘data-centric governance’ capabilities of SAP’s new Master Data Governance for EAM application combined with the ‘document-centric governance’ capabilities of the OpenText xECM, the SAP team is able to bridge the gap between document and data governance to achieve true end-to-end auditable asset master data governance.


KEY DISCUSSION POINTS:

  1. Asset master data is a mix of structured and unstructured information
  2. Successful asset master data management requires a holistic treatment of the structured and unstructured content
  3. Robust, proven technology exists today to provide this holistic approach to the problem 


Presenter 

Rob Gascho, Industry Analyst, Energy Sector, OpenText
Mike Jordan, Global Director, EAM Solutions, Utopia Global, Inc.

Length - 46:52

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