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Data to Dollars – Converting Data into Verified Value

Despite collecting massive amounts of operational data, organisations often struggle to extract meaningful insights or translate this information into financial returns. This presentation unveils a proven framework that transforms raw data into verified value - converting untapped information assets into tangible dollars.

I'll demonstrate how to progress systematically from data collection to actionable insights, informed decision-making, and targeted interventions that deliver measurable financial impact. By ensuring data integrity, leveraging predictive analytics, and implementing precision maintenance strategies, your organisation can pivot from reactive fire fighting to proactive asset optimisation.

This methodology does not just improve asset reliability - it creates a comprehensive value chain that reduces costs, enhances safety, improves sustainability metrics, and protects organisational reputation through evidence-based decision-making that drives both immediate profitability and long-term business resilience.

  • Building the data-to-dollars value chain
  • Ensuring data integrity for confident decision-making
  • Leveraging predictive analytics for early intervention
  • Implementing precision maintenance strategies
  • Shifting from reactive to proactive asset management
  • Measuring and verifying financial returns from data initiatives

Critical Takeaways:

  1. Systematic approach to transform data collection into verified financial value.
  2. Methods to align data strategy with business objectives for measurable returns.
  3. Practical techniques to embed data-driven decision making throughout the organisation.
Topics:

Asset Data Management: Transforming Data Overload into Strategic Value

Speakers

Drew Troyer
Drew Troyer

Contributing Editor

Reliable (US)

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XCHANGE: Maximising Value from Reliability Engineering Resources

28-29 July 2025

CENTREPIECE at Melbourne Park

See you there!