Technologies
- Real-time Data Management and Condition-based Monitoring
- Advanced, Predictive and Prescriptive Analytics
- Controls & Process Optimisation
- Mobile solutions for Field Workers
- Risk-based Asset & Maintenance Strategy
- Asset Information Lifecycle Management
- Construction Contract Risk Management
- Project Engineering Design & Execution
Involves the systematic handling of asset data from its initial creation through to its final disposal. This process ensures that accurate, up-to-date information is available at every stage of an asset’s life from procurement and installation to maintenance and retirement. Effective management includes capturing detailed asset records, such as specifications, performance data, and maintenance history, and ensuring this information is consistently updated and accessible to relevant stakeholders. This approach enhances decision-making, facilitates compliance with regulations, and supports effective asset management throughout its lifecycle.
By implementing robust asset information lifecycle management practices, organisations can improve operational efficiency and reduce costs associated with asset maintenance and replacement. Regular audits and updates of asset data help in identifying underperforming or obsolete assets and facilitate timely interventions. Additionally, integrating asset information systems with other enterprise management tools ensures seamless data flow and interoperability, providing a comprehensive view of asset performance and supporting strategic planning and resource allocation. This holistic approach to asset information management contributes to optimised asset utilisation and prolonged asset lifespan.