ISO 55000 (the international standard covering management of physical assets) defines “Asset Management” as the "coordinated financial, operational, maintenance, risk, and other asset-related activities of an organization to realize more value from its assets".
With the access to technology we have today, it has never been easier or more vital for companies to manage their most important assets by using a digital design process. By employing Asset Management, asset owners and operators take control of digital design platforms with data collection and modeling capabilities, and effectively manage all assets to ensure optimal lifecycle performance. We recommend and implement solutions and tools by combining our strategic partnerships with innovative technology to find the best platform for our clients’ assets.
View our video below to learn more about developing a comprehensive asset management strategy.
Michael is the Director of Technology Solutions for Pennoni.
Contact Mike for more information.