Brisbane, Australia – December 18, 2008 – Oniqua (www.oniqua.com), a world leader in Enterprise Analytics solutions for asset-intensive industries, today announced its co-sponsorship and availability of a new benchmark research report published by the Aberdeen Group, leading provider of fact-based research and market intelligence that delivers demonstrable results. This report, titled “Asset Performance Management: Driving Excellence through a Reliability Strategy in Real-Time”, highlights how, in an uncertain economy, Best-in-Class manufacturers of highly-intensive assets are reducing costs, maximizing their return on assets and achieving a competitive advantage by implementing an asset reliability strategy.
Aberdeen evaluated and classified manufacturers based on three key performance indicators (KPIs): overall equipment effectiveness, complete and on-time shipments and unscheduled asset downtime to determine which are Best-in-Class manufacturers, or those companies who perform at the top 20 percent in a weighted average across these KPIs. Results show that Best-in-Class companies perform at higher levels than companies considered “Laggards”. Examples of findings in the report include:
- Executives of Best-in-Class organizations are 57% more likely than Laggards to sponsor asset performance management strategies across the enterprise;
- Best-in-Class manufacturers are 92% more likely than Laggards to have real time visibility into asset performance information;
- Best-in-Class companies are six times as likely as Laggards to provide on-demand asset lifecycle information to maintenance and production employees;
- Best-in-Class manufacturers are 45% more likely to adopt asset analytics than other companies;
- 46% of Best-in-Class companies use analytics to provide predictive insights, based on captured asset data, compared to 19% of Laggards;
- 42% of Best-in-Class organizations leverage asset analytics, versus 9% of Laggard organizations.
“We have seen a significant increase in the number of senior executives who view asset management as a necessary cost of doing business,” says, Mehul Shah, Research Analyst, Aberdeen Group. “By investing in analytics, Best-in-Class organizations experience a significant competitive advantage, as analytics provides them with real-time data to make informed decisions. This can translate into savings of millions of dollars for these companies and their customers.”
“The Oniqua Asset Performance Management solution enables customers to develop a reliability asset management strategy that improves the value and performance of asset and production data,” stated Oniqua CEO Andy Hill. “With eight of the world’s top 10 mining companies using the Oniqua Analytics Suite, our technology is a proven tool that “Laggard companies” can implement quickly, without disruption to the organization, to manage their asset performance across the enterprise and create greater value for the business.”
To obtain a complimentary copy of the report, visit: http://www.aberdeen.com/link/sponsor.asp?spid=30410182&cid=5377 .
About Oniqua Enterprise Analytics:
Headquartered in Brisbane, Australia, and with offices in North America, Europe and Asia, Oniqua Pty Ltd (www.oniqua.com) is a world leader in Enterprise Analytics (Inventory, Procurement and Maintenance), Cataloging, Content Services and Outsourcing to asset intensive companies. For organizations in the Mining, Processing, Energy & Utilities, and Oil & Gas industries, Oniqua provides solutions and services that standardize, analyze and optimize maintenance, inventory and procurement content and activities to help reduce production risk and lower operating costs. Oniqua solutions are used by eight of the world’s top 10 Mining companies, and two of the top 10 Oil and Gas companies.
About Aberdeen Group:
Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to Aberdeen™ for insights that drive decisions.
As a Harte-Hanks Company, Aberdeen plays a key role of putting content in context for the global direct and targeted marketing company. Aberdeen's analytical and independent view of the “customer optimization” process of Harte-Hanks (Information – Opportunity – Insight – Engagement – Interaction) extends the client value and accentuates the strategic role Harte-Hanks brings to the market. For additional information, visit Aberdeen http://www.aberdeen.com or call (617) 723-7890, or to learn more about Harte-Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com.
Media Contact
Elisabeth Monaghan
Public Relations for Oniqua
1.303.514.8383
elisabeth.monaghan@gmail.com
Tania Wickman
Marketing and Communications
ph: +61 7 3369 5506
tania.wickman@oniqua.com
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p: +61 7 3369 5506