The benefits of Next Generation Asset Management Software

How does Next Generation Asset Management Software differ from traditional ones and what can they do for you?

Asset management software has been around for a long time. Broadly defined, it refers to any system that monitors and maintains things of value to an entity or group. Non-financial assets fall under two major types of assets in the enterprise:

·         Assets that are used to carry core business functions (e.g. plant machinery and equipment, technicians' tools)

·         Assets that are used in support functions (e.g. cars, mobile device, IT equipment)

Things have evolved and in such a competitive landscape they are now required to find solutions to manage their assets more efficiently and proactively control their costs.

Many traditional asset management systems are built on desktop or simple web technologies. But companies are looking for solutions that leverage the benefits of collaboration and mobile usage offered by the latest web technologies to be even more efficient in their day-to-day tasks. Additionally, the Internet of Things (IoT) is bringing significant opportunities to get real time data from enterprise assets (using tracking devices and sensors) therefore it is critical to invest in a scalable solution that will allow to provide smart data out of all these connecting things.

Here are 5 key things you should expect from a Next Generation Asset Management solution:

ü  Superior user experience

ü  Collaborative and mobile solution making it easy for managers, asset users and suppliers

ü  Multi-asset capability

ü  Integrated asset tracking and life cycle management solution

ü  Smart data

Companies want smart solutions that will make asset management much more simple and will help them to achieve more savings.

Aerizo Group – Mobile Applications