New Utopia Solution Introduces Extensive Asset Master Data Reference Library

Utopia Global, Inc., a leading provider of enterprise data solutions and a long-time SAP partner, has announced the launch of the Utopia Asset Data Reference Library (uADRL), which houses over 500,000 models and material data records for new and brownfield assets. This library makes available critical master data for maintenance, planning and scheduling tasks through SAP® Asset Intelligence Network.

The uADRL provides operators with cleansed and accurate information on equipment manufacturers, models, characteristics and failure data compliant with ISO 14224. It also includes over 400 templates for integration with SAP solutions for enterprise data management. uADRL is tightly integrated with SAP Asset Information Workbench by Utopia and SAP Master Data Governance, enterprise asset management extension by Utopia, to allow for ongoing governance and syndication of master data across multiple systems of record.

“We believe master data is the DNA of an enterprise, and those trusted to maintain and manage that data need a single source of trusted information about their enterprise assets,” said Arvind J. Singh, CEO and co-founder of Utopia Global. “The Utopia Asset Data Reference Library enables customers to have comprehensive information on their as-built equipment on Day One of commissioning versus waiting months, in some cases. Depending on facility size, this can help customers save millions in annual costs associated with unexpected downtime for a single production facility.”

“Getting asset content to the field is essential and incredibly hard and costly for brownfield plants and equipment,” said Patrick Crampton-Thomas, vice president, Digital Product and Asset Management, IoT and Digital Supply Chain, SAP. “This is a great step forward to help operators reduce costs and downtime.”

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For more information on uADRL and other Utopia solutions, please visit www.utopiainc.com.

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