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Planning a Data Project: From Goal to Reality

In today’s data-driven world, organizations must establish clear goals before undertaking a data project to ensure having a clear process and creating tangible benefits. This process involves analyzing the current state of data exploitation, defining the target state, and gathering the technical requirements to achieve the desired outcome.

Planning a Data Project: From Goal to Reality

By following the 4 steps described below, companies can:

  • Gain greater visibility
  • Increase machine availability
  • Optimize delivery reliability
  • Achieve other goals based on systematic data collection and evaluation.

Here are the 4 steps for planning your data project:

  1. Determine goals: Identify problem areas and set achievable targets for data-driven improvements. Even simple monitoring can bring significant added value.
  2. Analyze the current state: Examine existing data evaluation methods and identify gaps or areas for improvement.
  3. Define the target state: Describe the desired outcome of the data solution, including data availability and real-time insights.
  4. Recording requirements: Specify technical requirements for data collection, analysis, integration with existing IT systems. To achieve timely machine maintenance and spare parts procurement, consider using EMpro energy measuring devices and wireless networking options like narrowband IoT, Bluetooth Low Energy, or Wi-Fi.

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Read our free Introductory Guide to get a more detailed description of the steps above and to find your way from sensor to cloud: