Asset Management

Water companies, in common with companies in other asset intensive industries, have a critical dependency on the performance of their physical assets. Those assets must perform optimally to allow the company to meet regulatory pressures, to maintain appropriate levels of safety and risk whilst keeping costs down, and to satisfy customers. The key asset management challenge is therefore to optimise the balance between capital and operational expenditure while maintaining appropriate levels of performance and service.

Logica focused on four main functional asset management areas:

Work and asset management – managing the entire lifecycle of assets and the activities of the people who build and maintain them, supporting them with actionable information so they can work more productively in the office, factory and field, as well as the information to support ongoing maintenance and investment.

Geospatial information systems – determining and exploiting the geographic location of assets and resources using global positioning technology, aerial and inertial surveys to manage activity on them optimally, improving performance and saving cost.

Proactive asset management – monitoring the condition of assets supported by wireless and mobile technologies and controlling their operations remotely and in the field, for example through Supervisory Control and Data Acquisition (SCADA) systems.

Asset information management – ensuring that just the right source data is collected and made available to enable business processes to run at maximum efficiency. Making the most of the wealth of data available.

For general information on these areas please refer to our Utilities focused Enterprise Asset Management site.