Asset Management

Understanding the Value of an Asset Management System

All stakeholders have different perspectives, and as a result, place value on different aspects of an asset.  Trying to balance all the requirements is not an easy task.  Whether the requirements are performance, cost, or the level of risk.  Keep in mind, that performance can not only be uptime or OEE, but the beauty of a park, or the condition of a road.  This is where asset management comes in.

What is Asset Management?

To understand, what Asset Management is, we must first under what an asset is. […]