- Reduce the cost of managing asset information
- Link common assets across multiple systems
- Identify gaps, duplications and unmanaged assets
- Increase the lifespan of existing systems
- Reduce the risk of replacing legacy systems
- Facilitate better, more informed business decisions
- Provide a whole life view of asset information
For government agencies, non-profit organizations and asset heavy enterprises there has never been a greater need to optimize the management of facilities and infrastructure.
Organizations are finding:
- Budgets squeezed
- Costs rising
- Increased regulatory scrutiny
- Increased demand to provide optimal services and support
The Kalido asset management approach is based on its enterprise-wide Master Data Management software solution for harmonizing, storing
and managing any type of asset data.
So, why does the business care?
- Escalating costs of maintaining older assets increases margin pressure. Having buildings and equipment managed and working properly is the cornerstone of business productivity
- In the case of linear Asset management it is hard to analyze the parts of the network, as that data comes from many places, and often summarized to a point of not being
useful. (I.e. tell me the section of rail that costs the most to repair? Which part of the network has been out the most? Show me the parts of the network that come under
the New Jersey jurisdiction?)
And why does IT care?
- The asset data is in multiple databases, applications and formats.
- Common definitions of assets are hard to create when the sources are so different.
- The sources of data change when new assets are acquired.
- Once built, the data warehouse is frequently out-of-date with so much change.
- Business users regularly ask for new views of the data.