Data Storage. The first step in digital transformation

What to do with all your data?

Most industrial businesses produce large volumes of time-series big data. Operational data comes in many different forms and can require different treatments to be useful.  Organisation’s also have many other sources of data, such as financial data, SCADA or ERP data.

As businesses become more astute to the value of their data, there is a push to use machine learning and advanced analytics to acquire valuable business insights. While this is a fantastic step towards digital transformation, there are a few issues that can limit the efficiencies and benefits of advanced analytics and machine learning.  

Many organisations, encounter similar issues:

• It can be difficult to locate all necessary data sets for analysis as it is stored in multiple systems throughout the organisation

• There are often gaps in the data, where it hasn’t been collected and stored accurately

• Multiple teams copy data sets and use them independently, resulting in duplicated data throughout the organisation 

• Organisations can’t identify when they’ve got data quality issues, when it is widely dispersed, the issues often only arise once it is being analysed.

If organisations uncover these issues when they commence machine learning, it is often the case of the cart going before the horse. Before you start implementing digital transformation in the form of artificial intelligence and machine learning – you first need to have the right data available in the right format.

What’s actually needed – is a data storage strategy and solution.

 

How does an organisation benefit from a Data Warehouse?

• Data is gathered from multiple sources and preserved in a single database, preventing silos

• Organisations can have a centralised view of their data, despite having multiple systems in place for different departments

• The pre-processing of data, sorts and reduces duplicated data

• The transformation of semi-structured and unstructured data makes this data easy to use for stakeholders and improves speed of analysis

• If data is deleted from the original source, it is still maintained in the data warehouse, meaning that the data warehouse becomes the company’s single source of data truth  

• Data warehouses support advanced analytics, machine learning and artificial intelligence

• Data warehouses typically live in the cloud, which is less expensive than the management of on-site servers

 

DataHUB+ : Data Historian or Data Warehouse?

VROC’s platform DATAHUB+ combines the benefits of both a Data Historian (with its real time condition monitoring) and a Data Warehouse (single source of truth) in one.  DataHUB+ accepts data from any source, which can be structured, unstructured and semi-structured (like a data lake). Rather than storing this data in an unorganised way, DataHUB+ transforms the unstructured data into structured data for warehousing, becoming your single source of truth.  It’s inbuilt analytics and visualisations tools mean no other software is required to perform analysis and build visualisation from your big data.  Meaning data insights just a couple of clicks away! 

Visualising your data with DataHUB+

Unlike other Data Warehouses, the tools for processing data reside in DataHUB+, so there’s no requirement to repeatedly copy data to work with it. This allows users to handle much larger data sets, without needing to download to local machines which are often limited by computing power.

As we can’t presume from the outset to know all the potential ways that the data can be used, the data is available for use with exploration and visualization tools which can query across all the data. With this approach, it’s even possible to join finance, production, and OH&S data to gain new and intriguing insights, possibly for ESG insights or the optimization of complex processes.

Condition-based monitoring with DataHUB+

Just like a traditional process or time-series data historian, DataHUB+ allows operational teams to monitor their processes and equipment in real-time.  Teams can set up dashboards to monitor status, plot trends and performance, which is refreshed as new data is ingested.  Teams can factor in known thresholds, and create band limits for operating envelopes on sensors, which can trigger alerts and predictive maintenance activities.  The added benefit is that additional data that exists in DataHUB+, which can be immediately used in analysis.  

 

Data Storage done. Next up Machine Learning…

Right, the ultimate objective! Advancing digital transformation and improving business outcomes with machine learning and artificial intelligence. After collating data from systems across the organisation into a scalable storage solution, data experts can use machine learning and AI tools to build models. Most data warehouses will integrate with data science tools.

DataHUB+’s sister product OPUS, allows organisations to develop models and deploy them straight into production – operationalising AI for real time insights.  Models are produced without any coding and in the one interface, meaning a wider cohort can model their own problem statements, processes and business queries, no longer limiting this work to data science personnel. 

The benefits of machine learning can be numerous and diverse once there is a scalable and robust data storage solution in place. Getting this solution in place is the first critical step in a company’s digital transformation journey. 

 

Get in touch with our team if you need assistance with your time-series data storage strategy.