Nine-state governed lifecycle
Planned → In-Procurement → Under-Construction → Installed → Commissioning → Active → Under-Maintenance → Standby → Decommissioned, with named approvers and blocked backward or skipped transitions
Enterprise Asset Lifecycle
Asset Management (AM)
Asset Management is the governance and intelligence layer of ETIOT's Enterprise Asset Lifecycle Management platform — the authoritative single source of truth for all physical asset information. It is architected as a horizontal, multi-industry product, not a vertical-specific tool. No asset record may be created, modified, reclassified or retired outside this layer without an approved governance workflow.
Product Overview
Asset Management (AM)
Asset Management is the governance and intelligence layer of ETIOT's Enterprise Asset Lifecycle Management platform — the authoritative single source of truth for all physical asset information. It is architected as a horizontal, multi-industry product, not a vertical-specific tool. No asset record may be created, modified, reclassified or retired outside this layer without an approved governance workflow.
In most organisations, asset data lives in a dozen places and agrees with itself in none. Finance's register, maintenance's spreadsheet and the field team's memory each tell a different story. Assets get quietly written off or brought back into service with no approval and no trace. Capital replacement runs on gut feel because nobody trusts the condition data, and when a regulator asks for a critical asset's lifecycle history, assembling it takes weeks.
AM makes the asset register authoritative and enforceable. Every asset moves through a nine-state canonical lifecycle — Planned through Decommissioned — with named approvers at each transition and backward or skipped transitions explicitly blocked. It scores asset health, tracks compliance and calibration, and models total cost of ownership and CapEx ROI to ground replacement decisions in evidence. ESG is tracked per asset, not estimated in aggregate. Digital Twin and GIS are first-class, and a knowledge repository preserves SOPs and maintenance history against staff attrition. Industry templates — ISO 14224, IATA, healthcare AHJ — import and export as JSON.
It targets 20–25% lower inventory carrying cost, 25–35% less unplanned downtime, and 15–20% longer asset life, at a scale of millions of records and petabytes of telemetry.
Key Features
Capabilities built for real operations
Financial intelligence
lifecycle costing, TCO analytics, evidence-based replacement recommendations, and CapEx planning with ROI modelling
Compliance & health
asset health scoring, risk assessment, and certification, calibration and statutory inspection tracking with automated audit trails
Asset-level ESG
energy, carbon, water and waste tracked per asset for sustainability commitments
Digital Twin, GIS & knowledge
Digital Twin governance, spatial intelligence, and an SOP/maintenance-history repository built to outlast staff attrition
Portable templates
ISO 14224, IATA and healthcare AHJ classifications, importable and exportable as JSON
How It Works
A clear path from setup to results
Establish the register
asset master data, identity, hierarchy and taxonomy are defined as the single source of truth.
Govern the lifecycle
each asset is placed in its canonical state, with named approvers required for every transition and illegal transitions blocked.
Monitor health
condition and telemetry data drive health scoring and risk assessment.
Plan capital
TCO analytics and ROI models turn condition data into evidence-based replacement and CapEx decisions.
Track compliance & ESG
certification, calibration and per-asset environmental metrics are recorded with automatic audit trails.
Feed execution
the governed registry supplies asset master data to Operations Management, which consumes but never authors it.
FAQ
Common questions, clear answers
AM is a governance layer with a nine-state canonical lifecycle where backward and skipped transitions are explicitly blocked and each transition has named approvers. It is architected horizontally across industries, with per-asset ESG and JSON-portable industry templates.
No. Backward and skipped transitions are explicitly blocked, and every transition requires a named approver.
No. AM is the authoritative system of record on its own. OM is the execution layer that consumes AM's data; the two can be sold together or separately.
It is horizontal and multi-industry, with pre-built templates including ISO 14224, IATA and healthcare AHJ classifications, importable and exportable as JSON.
Energy, carbon, water and waste are tracked at the individual asset level rather than estimated in aggregate.
Multi-tenant SaaS or multi-business-unit enterprise, on AWS, Azure, GCP or on-premise/private cloud, with data-residency controls for GDPR, national data-protection law and critical-infrastructure regulation.
Thousands of concurrent users, millions of asset records and petabytes of telemetry.
20–25% reduction in inventory carrying cost, 25–35% reduction in unplanned downtime, and 15–20% extension of asset useful life.
Asset Management (AM)
It targets 20–25% lower inventory carrying cost, 25–35% less unplanned downtime, and 15–20% longer asset life, at a scale of millions of records and petabytes of telemetry.