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Asset Systems
To support any asset management strategy good information systems are needed to measure performance and record relevant data for future planning.
The key issue is to separate the useful information from the noise or "what it can do" (sales pitch) to "what I need it to do"(actual need). By example a client was about to select a $250,000 asset system. We developed an outcomes based assessment and demonstrated that a cheap and cheerful $25,000 off the shelf solution would meet their needs.
The most critical step in developing an asset system is the set up of suitable data standards. As with most asset software it has a common format, it is the data standard and the investment in that data capture and maintenance that is critical. By adopting a generic set of asset data standards a client was able to migrate the $1m asset data investment into a new system for only 20% of the initial cost.
Scope of Service
| Outputs Assessment |
Identify the Outputs from the asset system and develop the reality profile to select a suitable system
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| System Project Management |
Project manage the implementation covering, data standards, data capture, migration, process re-engineering and training
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| System Renewal |
Asset System renewal, including assessment, outputs review, update and implementation |
Value Added benefits
Change the IT sales pitch from what the software "can do" to "what do I need to know"
Savings to one client of over $780,000 pa by introducing a simple data capture tool and new process design
Use of generic asset data standards to allow migration to newer software without the loss of the $1m initial investment in asset data
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