Powering Sustainability: The Vital Role of Operational Assets
Your organization’s assets – including buildings, energy grids, vehicles, equipment and more – play a pivotal role in today’s sustainability challenges.
But consider this:
Effective asset management can not only contribute to the solution, it can also contribute to your bottom line.
And deliver yet another instance of the alignment of sustainability with good business practices. Good for the planet and good for your business.
Think about the assets required in your operation. Each has a finite lifecycle involving maintenance, refurbishment and/or replacement. Activities that are not always environmentally friendly.
A more sustainable approach involves extending the lifespan of each asset.
That’s where enterprise asset management comes into play, by optimizing processes such as maintenance, utilization, and replacement to enhance efficiency and reduce costs.
For example, organizations are using enterprise asset management to extend their fleet of vehicles with proactive maintenance schedules, using predictive analytics for timely repairs and route optimization to enhance overall vehicle longevity and performance.
This approach minimizes wear and tear, reduces unexpected breakdowns and ensures each vehicle operates at optimal capacity for a more extended period.
IBM Maximo is a leading platform known for its AI-driven features which enable end-to-end asset lifecycle management, predictive maintenance capabilities and robust reporting and analytics.
Maximo offers industry-specific solutions tailored to meet the unique needs of various sectors such as manufacturing, energy, utilities, transportation, and more. Organizations typically prefer industry-focused platforms because they ensure that the solution addresses specific challenges and compliance requirements.
So, in a nutshell, optimizing operational assets via effective management champions sustainability and financial resilience at the same time.
Visit https://sustainempower.org/ for more information on applying for a Free Sustainability ‘Starting Point’ Assessment.