Data Is The Fuel For The New Systems
Below is a MRR and PLR article in category Internet Business -> subcategory Web Hosting.
Data: The Fuel for Modern Systems
Introduction
In today's rapidly evolving technological landscape, data serves as the essential fuel for intelligent, data-centric systems, such as SmartPlant solutions. While it may seem obvious, the relationship between systems and data is crucial for successfully implementing any new technology.
The Importance of Data Migration
Over the years, we've learned valuable lessons from data migration projects. Here are five key takeaways:
1. Budget for Data Migration: When planning a new system, it's vital to allocate funds for data conversion and migration. Often, these costs match those of system licensing, delivery, training, and startup. However, this investment pays off long-term.
2. Data as a Long-Term Asset: Data should be considered a corporate asset. Once migrated and secured, it must be maintained and utilized consistently, particularly during design modifications and decision-making processes.
3. Reuse of Information: Information's value increases with its usage. Even a single reference can offer significant benefits. Aim to create and migrate data once, maximizing its utility.
4. Accessibility Across Systems: Ensure data is accessible across various platforms. SmartPlant Foundation excels in integrating different data views, managing and publishing information across multiple systems?"a capability set to grow as the industry evolves.
5. Role of Information Engineers: Traditionally, companies have hired system/application specialists. Now, it's crucial to elevate this role. Information Engineers ensure their specialty’s data (e.g., rotating equipment, heat exchangers) is captured, retained, and reused effectively.
The Future of Data Management
At the Intergraph 2003 IP&P conference, an emphasis was placed on data as the cornerstone of modern systems. Topics included data-centricity, integration value, and e-collaboration in the 21st century, highlighting the need for meticulous data management.
Conclusion
Effective data management parallels the care given to software applications. By prioritizing this, companies can unlock nonlinear benefits, gaining a distinct competitive edge.
You can find the original non-AI version of this article here: Data Is The Fuel For The New Systems.
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