Jules Congalton speaks on Asset Information Maturity Models

On 20 September 2022, Jules Congalton presented a paper at the Electricity Engineers’ Association Conference on successes and learnings from using an asset information maturity model to make sure the right information is available to right people at the right time. If accurate asset information is at the heart of managing critical infrastructure safely, sustainably and efficiently, then the maturity of asset information processes should be a high priority for asset intensive organisations. Asset information maturity models provide insight into the strengths, risks and opportunities with an organisation’s asset information processes, structures and culture.

Data is critical to be accurate and complete to manage physical asset such as buildings and infrastructure. It’s not sufficient to simply know there are gaps or errors in data about assets. What matters is what risks it creates to operations and business strategies. For example, knowing which data issues are likely to negatively impact on customer service, fall short of meeting regulatory obligations or put lives at risk. It is only once the impact understood that intelligent and prudent decisions about improving asset data can be made

Asset Dynamics offers a unique and deep understanding of how data is used for managing assets. The team at Asset Dynamics have stood up ISO 55001 asset management frameworks, obtaining certification to the standard and locking in asset management capability improvements to deliver ongoing benefits. They’ve achieved this in highly regulated and safety critical industries.  This is combined with experience of data assurance frameworks and tools to offer asset intensive organisations insight into their asset information risks and opportunities. They have experience establishing asset information strategies and governance frameworks that enable asset intensive organisations to deliver on operational objectives and transform their business to digital first asset management strategies.

If you would like a copy of our white paper on the Benefits of an Asset Information Framework, email info@assetdynamics.co.nz or connect with Jules Congalton on LinkedIn.