Thanks to our wealth of experience across different markets and industries, we deliver best practices that help you tailor and achieve your asset management aims.
We pride ourselves on working closely with you to carefully define your requirements and using the optimal solution to deliver the greatest return for the minimum investment. We recognise and retain effective legacy systems, tools and techniques, and blend our solutions using innovative ideas.
A full audit gives you a comprehensive understanding of how effectively you derive value from your assets and offers the most precise picture of your organisational asset management performance. It provides broad and profound insight that highlights the performance of each area of your business in detail and points the way to achieving targeted improvement. We assess your business against a pre-defined, 6-point scale against the seven roles of asset management, with results provided visually as radar plots and heat maps and recommendations for the next steps.
Following the same protocol as a full review entails fewer interviews.
Shallow Dive Review
We use remote access to interrogate the information in your management systems. The output uses the same scoring criteria as a full audit or mid-level review, albeit more concisely.
The Institute of Asset Management endorses us to analyse your approach to asset management against prescribed criteria.
We can provide assessment services at different levels of complexity, depending on your needs:
Our consultants take a hand-in-glove approach to assessing and improving your systems to support you through your ISO certification and approval journey.
In specific geographies and industries, such as the UK rail sector, the highways sector, the Australian Defence market and some US Federal agencies such as the Army Corps of Construction, ISO55000 certification is required.
We recognise that legacy systems can still be valid parts of a revamped asset management information system. However, you can gain a significant competitive advantage by avoiding reliance on a specific software solution and using innovative tools and techniques along with a deep expertise in AI and machine learning.
Recognising and retaining effective legacy systems, tools and techniques, and blending them with innovative ideas is key to success.
Our independent status means that we are not tied to a specific solution and are instead focused on delivering the best solutions for your business. Our in-depth expertise in a wide range of markets and industries enables us to share and apply best practices from a broad perspective to each of your requirements.
We have an excellent range of capabilities to help you understand what decisions to make about your asset management, what data is needed to make these decisions, and how to collate and understand the required data.
With world-leading lifecycle delivery capabilities, including design, engineering, diagnostic and project or programme management, we offer the ability to collect, store, transmit, and analyse your data and information.
We have a comprehensive list of capabilities applicable at any point of an asset’s life cycle as it moves from concept to design to in-service and disposal. Our world-leading expertise can even be applied at the component, equipment, programme or portfolio level.
Depending on your requirements, these capabilities can be applied singularly or in combination to improve performance, reduce and control cost, and improve availability, reliability and safety. We can also act as independent advisors or take responsibility for aspects of your asset base – reducing your management burden and shouldering the risk for you.
Customers rely on us to manage their equipment throughout the asset lifecycle or apply our capabilities at a specific point for specific equipment. Reviewing at a fleet level brings in supply and support considerations.
Up-to-date, accurate information is essential for any organisation to make good decisions, and technical asset management is no different.
The key lies in understanding what decisions need to be made. We recommend a clear understanding of your technical asset strategy to optimise your data requirement and the attendant cost of data.
While we have a complete suite of digital asset management tools, we don’t offer “one size fits all” off-the-rack software solutions. Instead, we work with you to identify which data and data systems are already in place and compare them to actual data requirements. Then we work to ensure that your designs are coherent and provide a single source of truth for any given piece of data. We then identify any gaps in the data or data system and recommend the appropriate solutions.
We provide robust environmental impact assessments across the entire lifecycle of a project, from equipment to entire platforms, which includes carbon baselining, modelling and review.
Our obsolescence management strategies and plans are environmentally sustainable, effective, and affordable.
All assets, including strategically critical assets, will be impacted by the inevitable rise in global temperatures. Asset managers are therefore responsible for ensuring that assets are prepared, resilient and optimised to reduce the impact on the environment.
“Asset Management provides a framework to draw together the multitude of disciplines and expertise needed to address Climate Change and Climate Emergency within an integrated, pan-organisational model to prioritise and select the best solutions to reduce impact, adapt infrastructure and contribute to protecting our most valuable asset, our ability to survive and thrive on planet Earth.”
The Institute of Asset Management’s Climate Emergency Position Statement.