- Believe their asset register is fully accurate and up to date
- 9%Believe their asset register is fully accurate and up to date
- Still keep that register in a spreadsheet
- 31%Still keep that register in a spreadsheet
- Do not update it, or do not know how often it is updated
- 34%Do not update it, or do not know how often it is updated
What it is costing you now
On the calendar
Assets maintained on a schedule rather than on condition, because condition is not recorded anywhere a planner can reach.
At replacement
Equipment replaced early because nobody could produce its cost history, or replaced late because nobody was watching.
At inspection
Inspections repeated because the certificate could not be found.
When the inspector asks
The record exists, on a shared drive, in a folder named after the person who left in 2021.
None of these is a maintenance failure. Each is a record that was made and then could not be reached by the person who needed it.
The gap is not technology. It is what share of the work is chosen rather than forced.
A typical facility
Over half
of the maintenance work is a response to something that already broke. It is unplanned, it arrives at the worst moment, and it sets the shift rather than the other way round.
Consistently top-performing facilities
Under a tenth
and the rest is chosen. Nothing about that required a different plant. It required different information about the same one, early enough to act on.
Every question this is bought to answer is a question about a register.
Five of them. Count how many you could answer this afternoon, across the whole estate, without asking anyone.
Every one of them is answerable at a single site, and none of them is answerable across all of them. That is not a maintenance failure, it is an arithmetic one: five spreadsheets that describe assets differently, identify them differently and were counted on different dates cannot be added together. None of this is a criticism of the maintenance system; the work orders are usually fine. The question was never about work orders: it was about what they are attached to, and that is the layer underneath.
Documentation is most of the work
Certificates, inspection records, drawings, manuals and modification history are what turn a register entry into something an engineer or an inspector can rely on. They have to follow the asset rather than the department that produced them, and they carry retention rules of their own. Access to them is scoped and evidenced like any other operational record.
That is why this sits inside information management rather than beside it. The register is a records problem wearing an engineering hat, and treating it as an engineering problem is why the previous attempt did not hold.
What you get
Four pieces of work, not four benefits. Each one names the work and where it connects to the rest of what the group runs.
One register, and we build it first
The list every other capability on this page depends on.
The documents reach the person holding the spanner
Because a maintenance decision without them is a guess.
Condition information arrives early enough to act on
Which is the whole of the difference between chosen and forced work.
The evidence exists because the work happened
From the same retention and classification rules as everything else.
Where this sits
An asset register is only as good as the documents attached to it: manuals, certificates, inspection records, warranties. That underneath is Information Value Management: what the information behind it is worth, what it costs to hold, and what a change to either returns.
Information Value ManagementWe start from the asset register, because every maintenance and compliance question is a question about a register that is either current or is not.
Enterprise asset management, asked plainly
What is enterprise asset management?
Enterprise asset management, or EAM, is the management of physical assets across their whole life: plant, equipment, vehicles and facilities, with acquisition, maintenance, compliance, and replacement planned against a single register rather than tracked in whichever spreadsheet each site keeps.
How is enterprise asset management different from asset management?
They share a name and nothing else. Asset management in finance is the management of investments and portfolios. Enterprise asset management is about physical assets you own and maintain. If you are searching for one and finding the other, EAM is the term that will get you the right results.
What is asset lifecycle management?
The same discipline described by its span: an asset is acquired, commissioned, maintained, modified, inspected and eventually disposed of, and each of those produces records that the next stage depends on. Lifecycle management means those records follow the asset rather than the department that created them.
What is the difference between EAM and a maintenance system?
A maintenance management system schedules and records work orders. EAM includes that and adds the register, the compliance evidence, the cost history and the replacement case. If the question you cannot answer today is "should we repair this or replace it", a work-order system on its own will not answer it.
Where does documentation fit into EAM?
It is most of it. Certificates, inspection records, drawings, manuals and modification history are what turn a register entry into something an inspector or an engineer can rely on. Which is why EAM sits inside information management here rather than beside it.