Empowering modern Asset Management: A Data-driven strategy for physical assets

Empowering modern Asset Management: A Data-driven strategy for physical assets

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.

Learn more about our data-driven strategies for asset management >

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.

Discover how to enable full traceability across your assets >

Our thru-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.

Explore the missing link in asset management >

Learn more

Live webinar – Take your Engineering Collaboration to a safe place
The path to protected, productive external collaborations. In the competitive climate in which we currently develop and deliver our products, we encounter scenarios involving life-long partners that may also be ...
Configuration Management: How OSLC and STEP can “play nicely”
This recording from the Heliple 2 project webinar series describes the different approaches to configuration management used by OSLC and STEP, and the implications for each approach when linking to ...
Webinar: Strategies for effective design change recording in multifaceted defence systems
From documentation to implementation The ability to efficiently manage and record design changes across complex systems and assets has become crucial for maintaining operational readiness and strategic advantage in the ...
Eurostep celebrates three decades of innovation with ShareAspace and PLCS
27/03/2024 Not all businesses reach their 30th anniversary, so we are very proud to celebrate 30 years in business in 2024! Eurostep stands as a testament to the enduring power ...
Building bridges: uniting data, people and processes. World of Volvo centre, Gothenburg, Sweden, June 4 from 9 AM to 2 PM CEST.
ShareAspace Forum 2024
(Registration below!) We are thrilled to announce the ShareAspace Forum 2024 on June 4th! As we transition back to face-to-face interactions, we invite you to join us at the new ...
Empowering modern Asset Management: A Data-driven strategy for physical assets
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 ...
Agile PLM: Redefining collaboration with PLCS and AP242 standards
In today’s rapidly evolving business landscape, maintaining a flexible and responsive product lifecycle management (PLM) system is crucial for staying ahead. Traditional PLM solutions, while foundational, often lack the agility ...
The Future of Data Management
In our previous webinar, "Leveraging AI* for built asset Digital Twins - Turning scattered data into strategic assets", we not only addressed current practices but also cast a vision for ...
Webinar: The missing link – How to orchestrate data for capital-intensive asset management?
Capital-intensive asset management typically involves managing assets that require significant upfront investment and have long lifecycles, such as manufacturing plants, infrastructure projects, or large equipment. To effectively manage such assets, ...
Efficient Asset Information Management
Discover how Eurostep's ShareAspace platform revolutionizes Asset Information Management (AIM), driving efficiency in AEC and EPC industries. This comprehensive commentary by CIMdata delves into the critical role of secure, collaborative ...
Shifting from UML to ontology-based systems for enhanced digital twin integration
During our "Leveraging AI* for built asset Digital Twins - Turning scattered data into strategic assets" webinar, we discussed the strategic shift from Unified Modeling Language (UML) to ontologies, highlighting this ...
The role of AI in data strategy
In our “Leveraging AI* for built asset Digital Twins - Turning scattered data into strategic assets” webinar, we highlighted the critical role of Artificial Intelligence (AI) in our data strategy, ...
Traceability, Ontology, and Configuration Management: Eurostep’s data integration strategy
In the realm of data management and strategic asset optimization, at Eurostep we emphasize the importance of three key concepts: traceability, ontology, and configuration management. These components were a focal ...
Discover the future of openBIM with Eurostep at InfraBIM Open 2024
Eurostep is pleased to announce that Sylvain Marie, our AEC&Plant Industry Vertical Director, will be participating in the upcoming InfraBIM Open 2024 in Lyon, France. This event is scheduled for ...
What data for Strategic Asset Management?
In our recent "Leveraging AI* for built asset Digital Twins - Turning scattered data into strategic assets" webinar, we emphasized the foundation formula (Jeffrey Ding & Allan Dafoe) for strategic ...
Big Data vs. Small Data: Eurostep’s approach to Built Asset Digital Twins
At Eurostep, our approach to data management underscores a critical distinction between big data and small data, each with its unique characteristics and applications. During our "Leveraging AI* for built ...
Webinar: Configuration challenges in systems of hardware and software across multiple assets
Managing complex defence systems in today’s dynamic environment Join us for a valuable learning opportunity as Simon Petersson and Judith Crockford from Eurostep share their experiences and insights on managing ...
BAE Systems acquires Eurostep to deliver advanced digital asset management
31 October 2023 BAE Systems has acquired Eurostep, a secure data sharing company headquartered in Sweden. The company will form part of BAE Systems’ Digital Intelligence business. The acquisition is ...
Webinar: Leveraging AI* for built asset Digital Twins – Turning scattered data into strategic assets
From scattered data to smart assets: A webinar on digital twin management with ShareAspace Managing disjointed data repositories for built assets? See how ShareAspace and automated reasoning, an AI discipline, ...
Webinar: Profitable partnerships – Leverage ShareAspace for supply chain collaboration
Are you a manager in the manufacturing industry grappling with the complexities of sharing product data across various stakeholders? In a landscape where secure, efficient, and profitable collaboration is essential, ...
Live webinar – Take your Engineering Collaboration to a safe place
The path to protected, productive external collaborations. In the competitive climate in which we currently develop and deliver our products, we encounter scenarios involving life-long partners that may also be ...
Configuration Management: How OSLC and STEP can “play nicely”
This recording from the Heliple 2 project webinar series describes the different approaches to configuration management used by OSLC and STEP, and the implications for each approach when linking to ...
Webinar: Strategies for effective design change recording in multifaceted defence systems
From documentation to implementation The ability to efficiently manage and record design changes across complex systems and assets has become crucial for maintaining operational readiness and strategic advantage in the ...
Eurostep celebrates three decades of innovation with ShareAspace and PLCS
27/03/2024 Not all businesses reach their 30th anniversary, so we are very proud to celebrate 30 years in business in 2024! Eurostep stands as a testament to the enduring power ...
Building bridges: uniting data, people and processes. World of Volvo centre, Gothenburg, Sweden, June 4 from 9 AM to 2 PM CEST.
ShareAspace Forum 2024
(Registration below!) We are thrilled to announce the ShareAspace Forum 2024 on June 4th! As we transition back to face-to-face interactions, we invite you to join us at the new ...
Empowering modern Asset Management: A Data-driven strategy for physical assets
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 ...
Agile PLM: Redefining collaboration with PLCS and AP242 standards
In today’s rapidly evolving business landscape, maintaining a flexible and responsive product lifecycle management (PLM) system is crucial for staying ahead. Traditional PLM solutions, while foundational, often lack the agility ...
The Future of Data Management
In our previous webinar, "Leveraging AI* for built asset Digital Twins - Turning scattered data into strategic assets", we not only addressed current practices but also cast a vision for ...
Webinar: The missing link – How to orchestrate data for capital-intensive asset management?
Capital-intensive asset management typically involves managing assets that require significant upfront investment and have long lifecycles, such as manufacturing plants, infrastructure projects, or large equipment. To effectively manage such assets, ...