In an era where asset management complexity is on the rise, traditional tools and methodologies increasingly struggle to keep up. This was the focal point of our recent webinar, “The Missing Link: How to Orchestrate Data for Capital Intensive Asset Management?“. At Eurostep, we’ve set our sights on a transformative solution that redefines the standards of managing capital-intensive assets. Our solution, ShareAspace iAIM, is at the forefront of this innovation, designed to streamline data integration and foster effective collaboration across the asset lifecycle.
Facing the data maze challenge
Managing extensive assets involves a labyrinth of data scattered across various systems. Traditional approaches, reliant on file-based management, inherently limit the potential for a unified, dynamic understanding of asset information, thus slowing down decision-making processes and adaptability.
Our approach: data federation
With ShareAspace iAIM, Eurostep is not just addressing these challenges; we are reimagining the possibilities of asset management. Our strategy emphasizes the critical importance of connecting data silos, enhancing traceability, and employing open standards such as ISO 81346 to facilitate seamless data orchestration.
Harnessing open standards for data alignment
A cornerstone of our approach is the strategic employment of open standards to facilitate comprehensive data semantic integration. This ensures a holistic view of asset information, enriching operational insights and decision-making capabilities. Our adoption of the hypercube data model, underpinned by standards like ISO 81346, exemplifies our commitment to advanced object-level data management, transcending traditional file exchange limitations.
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Embracing a federation strategy
We understand the value embedded in existing systems and the rich history captured within legacy data. Our federation strategy aims to enhance and interconnect existing infrastructures, extracting unparalleled business value through improved data management and connectivity. This approach acknowledges the contributions of the past while steering towards a more informed and efficient future.
Facilitating secure and efficient collaboration
Effective asset management thrives on collaboration with the extended enterprise. ShareAspace is engineered to ensure secure, efficient data sharing among all stakeholders, keeping everyone informed with timely, relevant data updates. This collaborative framework is vital for managing the fluid nature of asset information, ensuring the digital twin’s integrity and accuracy.
Mastering change management with traceability
Change is a constant in the realm of asset management. Our emphasis on traceability allows for the meticulous tracking of changes at the granular object level. This capability ensures that any updates, driven by design alterations or operational modifications, are precisely reflected in the digital twin, streamlining the integration process.
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Our through-life asset support
Our innovative approach, embodied in ShareAspace iAIM, marks a new era in asset management. By leveraging open standards, advocating for a federation approach, enabling secure collaboration, and ensuring traceability, we’re not just proposing a way to manage assets but maximizing their value throughout their lifecycle. For organizations looking to elevate their asset management practices, we offer a comprehensive, forward-thinking solution that promises to revolutionize efficiency, collaboration, and strategic insight.
As we navigate the complexities of asset management in the digital age, Eurostep strives towards a more integrated, collaborative, and insightful future. Our commitment to driving the evolution of asset management is more than just a mission; it’s a promise to unlock the full potential of your assets in a smarter, more connected world.