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A vision beyond asset management software by Steve Lyons

2nd April 2014

 

When I gave this "vision beyond software" presentation at our recent User Group Events, I realised that the content deserved a wider airing.  As we are a fledgling profession or industry at best, asset managers have no over-arching body to paint a picture of their place in the world and what the future might look like.  This is my attempt to achieve this: i will be interested in any feedback and comments you might have.  If you have a few minutes the Prezi presentation tells the story a lot more dynamically than I can in this blog. 

 

 

Firstly I want to talk about a change in focus.  Given the tools, skills and materials available to us now, if there is an ongoing need for a building then we can assist the owners to make it last forever.  As a result, through our new interfaces, we are focusing more on the activities that you do - rather than the functions we offer. In doing this the 'reason why' the building exists and its life is important, becomes even more compelling.  We are not maintaining bricks and mortar but the means for communities to educate thier young, heal their sick and entertain their world at large.

Supporting all of this is a growing database of asset intelligence.  The more properties we work with, the more data we collectively amass, the more intelligence we can extract from it to apply to the business of assessing, analysing and planning your assets.  The quality of the data is continually being improved as we extend the use of software to fine tune analytical models, improve data collection in the field and develop wizards to create automated data models that give an 80% result before you even start a survey.

With this new information streaming in, our lifecycle predictive models (or what some refer to as 'crystal ball gazing') provide a much greater level of confidence. We can also report component performance through holding, analysing and reporting data streams at that level - so you can consider, for example, variables around the operating and maintenance costs of an air conditioner.

And this all takes some focused thinking.  One system that does everything is an old school approach - the future will be a network of specialist systems that all talk to each other to provide a complete view of your property assets that feeds directly into your other business management tools.  

But above and beyond all of this our future lies in the data itself. Data quality is the focus of the future, for without this, you have nothing. 

 
 
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