Asset management
Asset management means taking care of the things your organisation relies on whether that's buildings, boilers, vehicles or IT. It covers their full lifecycle, from purchase and use to maintenance and eventual replacement. Good asset management helps reduce costs, improve reliability and support compliance.
Why it matters
-
Cut costs – Avoid breakdowns and unnecessary replacements
-
Extend asset life – Schedule regular maintenance and upgrades
-
Stay compliant – Track certifications and safety checks
-
Improve planning – See what's working and what needs attention
-
Support sustainability – Reduce waste and energy use
What it includes
-
Asset registers – Know what you own, where it is and what it's worth
-
Maintenance tracking – Stay on top of planned and reactive works
-
Lifecycle planning – Make smarter decisions about replacements
-
Condition monitoring – Use sensors and data to catch issues early
-
Compliance management – Keep up with regulations and audits
