Factors Influencing Adoption of IoT for Data-driven Decision Making in Asset Management Organizations

Organizations tasked with managing large scale, public civil infrastructure are increasingly looking at data to drive their asset management decision-making processes. The Internet of Things (IoT) enables the creation of data that can be used to gain further insights into the current and predicted state of the infrastructure and may help automate the asset management process. Yet, it remains unclear to what extent data from IoT impacts decision-making in public asset management organizations. The objective of this paper is to explore implementation factors for adoption of new data sources for decision-making in asset management organizations. Based on a systematic literature review and case studies in the asset management domain, this paper derives the current use and expectations of new data sources for decision-making in asset management. The paper concludes that although recent technological developments have enabled the deployment of IoT for asset management, the current level of adoption remains low. The inherent complexity of adopting a datadriven approach to asset management requires an effective data governance strategy to ensure data quality, manage expectations, build trust and integrate IoT data in decision-making processes.

[1]  Amit P. Sheth,et al.  From Data to Actionable Knowledge: Big Data Challenges in the Web of Things , 2013, IEEE Intell. Syst..

[2]  Andy Koronios,et al.  You Cannot Manage What You Cannot Measure: An Information Systems Based Asset Management Perspective , 2006 .

[3]  H. J. Parkinson,et al.  The Potential for Using Big Data Analytics to Predict Safety Risks by Analysing Rail Accidents , 2015 .

[4]  Željko Panian,et al.  Some Practical Experiences in Data Governance , 2010 .

[5]  Anand Paul,et al.  Exploiting real-time big data to empower smart transportation using big graphs , 2016, 2016 IEEE Region 10 Symposium (TENSYMP).

[6]  Antonio Iera,et al.  The Internet of Things: A survey , 2010, Comput. Networks.

[7]  Richard Y. Wang,et al.  Data Quality , 2000, Advances in Database Systems.

[8]  Ahmad-Reza Sadeghi,et al.  Security and privacy challenges in industrial Internet of Things , 2015, 2015 52nd ACM/EDAC/IEEE Design Automation Conference (DAC).

[9]  Andy Koronios,et al.  A Data Quality Model for Asset Management in Engineering Organisations , 2005, ICIQ.

[10]  Richard T. Watson,et al.  Analyzing the Past to Prepare for the Future: Writing a Literature Review , 2002, MIS Q..

[11]  Tom Chen,et al.  Design and implementation , 2006, IEEE Commun. Mag..

[12]  M. Mohseni.  What does asset management mean to you? , 2003, 2003 IEEE PES Transmission and Distribution Conference and Exposition (IEEE Cat. No.03CH37495).

[13]  Mathijs de Weerdt,et al.  Designing a dynamic network based approach for asset management activities , 2012 .

[14]  Dana J. Vanier,et al.  Why industry needs asset management tools , 2001 .

[15]  A. Canhoto,et al.  Case Study Research Design , 2014 .

[16]  Salvatore Nicosia,et al.  Government data does not mean data governance: Lessons learned from a public sector application audit , 2015, Gov. Inf. Q..

[17]  Imran Khan,et al.  A trust model for data sharing in smart cities , 2016, 2016 IEEE International Conference on Communications (ICC).

[18]  Avin D. Mathew,et al.  Understanding data management in asset management: a survey , 2008, WCE 2009.

[19]  R. Kitchin.  The real-time city? Big data and smart urbanism , 2013 .

[20]  Dmitry Ivanov,et al.  An adaptive framework for aligning (re)planning decisions on supply chain strategy, design, tactics, and operations , 2010 .

[21]  Lawrence L. Sutter,et al.  An Evaluation of Commercially Available Remote Sensors for Assessing Highway Bridge Condition , 2010 .

[22]  Zhe Jiang,et al.  Detection of Damage and Failure Events of Road Infrastructure Using Social Media , 2018, ICWS.

[23]  Vincent Mahieu,et al.  Informed consent in Internet of Things: The case study of cooperative intelligent transport systems , 2016, 2016 23rd International Conference on Telecommunications (ICT).

[24]  Dan Koo,et al.  Towards Sustainable Water Supply: Schematic Development of Big Data Collection Using Internet of Things (IoT) , 2015 .

[25]  Marijn Janssen,et al.  Coordinating Decision-Making in Data Management Activities: A Systematic Review of Data Governance Principles , 2016, EGOV.

[26]  Benjamin A. Graybeal,et al.  Routine Highway Bridge Inspection Condition Documentation Accuracy and Reliability , 2004 .

[27]  Andrej Mihailovic.  Liberalising Deployment of Internet of Things Devices and Services in Large Scale Environments , 2017, Wirel. Pers. Commun..

[28]  Marijn Janssen,et al.  Advancing e-Government Using the Internet of Things: A Systematic Review of Benefits , 2015, EGOV.

[29]  R. Ackoff.  Towards a System of Systems Concepts , 1971 .

[30]  Shantanu Chakrabartty,et al.  Infrastructural health monitoring using self-powered Internet-of-Things , 2016, 2016 IEEE International Symposium on Circuits and Systems (ISCAS).

[31]  Jim Davis.  What is asset management and where do you start , 2007 .

[32]  John Ladley.  Data Governance: How to Design, Deploy and Sustain an Effective Data Governance Program , 2012 .

[33]  Marijn Janssen,et al.  Towards Modelling Data Infrastructures in the Asset Management Domain , 2015, Complex Adaptive Systems.

[34]  Jere Backman,et al.  Evaluation of Internet-of-Things Platforms for Asset Management , 2016, WCE 2016.

[35]  Bin Guo,et al.  Public Sense: Refined Urban Sensing and Public Facility Management with Crowdsourced Data , 2015, 2015 IEEE 12th Intl Conf on Ubiquitous Intelligence and Computing and 2015 IEEE 12th Intl Conf on Autonomic and Trusted Computing and 2015 IEEE 15th Intl Conf on Scalable Computing and Communications and Its Associated Workshops (UIC-ATC-ScalCom).

[36]  Thomas Froese,et al.  FRAMEWORK MODEL FOR ASSET MAINTENANCE MANAGEMENT , 2003 .

[37]  Andreas Hartmann,et al.  Effectiveness of infrastructure asset management: challenges for public agencies , 2011 .

[38]  John H. Miller,et al.  Complex adaptive systems - an introduction to computational models of social life , 2009, Princeton studies in complexity.

[39]  George Hripcsak,et al.  Health data use, stewardship, and governance: ongoing gaps and challenges: a report from AMIA's 2012 Health Policy Meeting , 2014, J. Am. Medical Informatics Assoc..

[40]  Marijn Janssen,et al.  Data Infrastructures for Asset Management Viewed as Complex Adaptive Systems , 2014, Complex Adaptive Systems.

[41]  Savita Kulkarni,et al.  Design of disaster management system using IoT based interconnected network with smart city monitoring , 2016, 2016 International Conference on Internet of Things and Applications (IOTA).

[42]  Juan Carlos Augusto,et al.  Ambient Intelligence—the Next Step for Artificial Intelligence , 2008, IEEE Intelligent Systems.

[43]  Ari Vänskä.  Designing data governance model - case study , 2013 .

[44]  Paul P. Tallon.  Corporate Governance of Big Data: Perspectives on Value, Risk, and Cost , 2013, Computer.

[45]  Arnold Bregt,et al.  Spatial data infrastructures as complex adaptive systems , 2010, Int. J. Geogr. Inf. Sci..

[46]  Francesco Archetti,et al.  DATA SCIENCE AND ENVIRONMENTAL MANAGEMENT IN SMART CITIES , 2015 .

[47]  Marijn Janssen,et al.  A Systematic Review of Impediments Blocking Internet of Things Adoption by Governments , 2015, I3E.

[48]  Gerardo W. Flintsch,et al.  Soft Computing Applications in Infrastructure Management , 2004 .

[49]  Antonio F. Gómez-Skarmeta,et al.  A holistic IoT-based management platform for smart environments , 2014, 2014 IEEE International Conference on Communications (ICC).