For cities to be successful in the face of rapid urbanisation and climate change, infrastructure needs to be smart and resilient. Smart infrastructure management relies on accurate information management. How does an Asset Register enable smart infrastructure asset management?
For example, when a pipe is newly acquired, it is assigned a monetary value that is also linked to its health and expected useful life. The pipe becomes an asset that must be managed over time. The pipe is divided into its key components that are organised according to similar useful lives. The process of “componentisation” allows an organisation to create a hierarchy, much like a family tree, where all assets and their components are grouped, at different levels of complexity, to construct an integrated, enterprise-wide view of asset data.
With the right information, engineers and accountants know:
Where assets are located
When asset should be replaced
What proactive interventions could be implemented to slow the rate of deterioration.
How much all the above should cost .
Expert knowledge and digital tools make capturing, verifying, importing, cleansing and structuring data an efficient, fast and easy process.
A fully compliant digital Asset Register is built according to your business needs and processes.
Your data is geographically displayed on an intuitive user-interface, ready to query, compare and report on.
Software integrates with most major ERP systems, such as SAP, making reliable and up-to-date data available across departments.With all stakeholders informed, accountable and honest, the right decisions can be made throughout planning, building, operating and assessing phases of infrastructure projects. If you are looking for a solution to your organisation’s asset management challenges or think your city could be managed more effectively, we would love to hear from you. Contact us today!