Asset Data

Asset data refers to structured and detailed information about an organisation’s physical assets—such as buildings, machinery, infrastructure, and equipment—used for planning, operations, and maintenance.

Typical asset data includes attributes like asset location, condition, usage history, maintenance records, operational status, replacement value, and expected service life. High-quality asset data is essential for lifecycle asset management and supports strategic planning, performance tracking, and risk mitigation.

Modern digital tools, such as digital twins, Computerised Maintenance Management Systems (CMMS), and Enterprise Asset Management (EAM) platforms, enable the centralised collection, analysis, and visualisation of asset data in real time. This improves operational transparency, predictive maintenance, and cost-efficiency across industrial sectors.

See also: Equipment Position, Predictive maintenance