What is Asset Management?
In today’s world, organizations of all sizes rely heavily on assets to provide value to their stakeholders. ISO 55000, the international standard for asset management, defines assets as any item, thing or entity that has potential or actual value to an organization. This can include physical assets such as machines, buildings, factories, HVAC systems, trucks, furniture, medical equipment, and stores, as well as non-physical assets such as intellectual property, software, and human resources.
Asset management is the systematic and strategic management of these assets to achieve the organization’s goals and objectives. It involves the identification, acquisition, valuation, operation, maintenance, and disposal of assets throughout their life cycle.
Assets are the backbone of any organization and their proper management is crucial for maintaining sustainable growth and profitability. Effective asset management can help organizations optimize asset performance, reduce costs, and enhance operational efficiency.
Therefore, in this e-book, we will present the Manusis4 platform, its characteristics and explain how it is the first step to transform your asset management.