Future-proof
your assets

Our in-depth report addresses the problems and concerns faced by many clients, and offers potential solutions including the integral aspect of digitization to ensure successful business continuity into the future.

Asset Optimization

The Challenge of Aging Assets

Aging assets have been posing various challenges for both the public and private sector industries over the last decade. This has been heightened by COVID-19 and the uncertainty associated with this pandemic. There is an imperative need for clients to address the various issues and ensure their assets and businesses are future-proof, particularly amid this unprecedented time of business volatility.

 

6 Steps towards navigating
the post-pandemic landscape


Click on the orange circles to see clear steps that can be taken to enable organizations emerging from the pandemic crisis to take back control of aging assets, manage and mitigate potential risks.

Leaders need to embrace data-led decision making and introduce the necessary culture change within which a wholesale digital asset management system can thrive by engaging and empowering employees in the asset optimization journey.

Make sure to have the right digital foundations in place. Systems, artificial intelligence and machine learning can unlock new potential to work assets harder and smarter for the good of your customers.

Build a trusted data pipeline. Specifically, enhance your understanding of the risks you face by creating a common data structure and fill it with real-time information, gathered from sensors, drones and connected devices that your people use to make the critical decisions that matter.

Use a common risk framework to drive focus and consistency, supporting every level of the organization and allow everyone to understand how risks are aggregating from the asset to the board room.

Have full visibility of the total costs of keeping impaired assets should enable better decision-making around their remediation and redeployment.

Embrace a preventative approach to asset maintenance by using sensors and advanced data analytics to advanced data collection tools and technology, coupled with sophisticated data analytics to identify assets that need refurbishing before they fail.

Future-proofing assets amid uncertainty

Organizations face unique challenges around the management and optimization of their aging assets, which have only been exacerbated by the COVID-19 pandemic. Solutions need to address the current pandemic reality, and also include the digitization and future-proofing of assets.

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COVID-19

Resilience to recovery

The coronavirus pandemic is causing widespread global disruption and will have various implications for many industries. Learn what it can mean for your business.

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Contact us


Don Hardy

Global Leader - Asset Management + 31 (0)88 4261 261 Ask me a question

Patrick Keaney

North America Leader - Conglomerates +1 206 726 4701 Ask me a question
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