Enhance your engineering asset management with an advanced Master Data Management platform

18/04/2023
A game-changing Master Data Management platform for engineering assets

Key takeaways

  • Comprehensive asset management: The ShareAspace platform seamlessly integrates ISO 55000 and ISO 10303-239 standards, offering a complete approach to managing all types of assets throughout their lifecycle.
  • Versatile MDM capabilities: ShareAspace supports a wide range of Master Data Management capabilities, addressing multiple implementation styles, usage scenarios, and multi-domain requirements.
  • Enhanced decision-making: By maintaining accurate, up-to-date data on all assets, ShareAspace empowers organizations to make better-informed decisions, ultimately leading to improved financial outcomes.

A game-changing Master Data Management platform for engineering assets

Managing an organization’s assets effectively, both tangible and intangible, is crucial for success. Engineering assets, in particular, present unique challenges due to their long life cycles and complex information structures. The ShareAspace platform, developed by Eurostep, offers powerful Master Data Management (MDM) capabilities that combine Asset Management, Product Lifecycle Support, and MDM principles to help organizations maintain an accurate picture of their assets throughout their life cycle. Discover how the ShareAspace platform can revolutionize your organization’s approach to asset management and improve decision-making for better financial outcomes.

Unlocking the power of integration: ShareAspace and asset management

The ShareAspace platform addresses the challenges of managing engineering assets by seamlessly integrating the ISO 55000 (Asset Management) and ISO 10303-239 (Product Life Cycle Support) standards. This unique combination enables organizations to manage all types of assets, including tangible and intangible, financial and non-financial.

With its comprehensive approach to asset management, the ShareAspace platform manages all classes of information related to an asset’s lifecycle, from market requirements and product requirements to conceptual solutions, functional breakdowns, systems breakdowns, and physical breakdowns. By providing an integrated set of information and an audit trail of available information over time, the ShareAspace platform ensures that organizations can maintain a clear and accurate picture of their assets at all times.

Master Data Management capabilities in ShareAspace

The ShareAspace platform is built to support a wide range of MDM capabilities, which are essential for effective asset management:

  • Hierarchy management: The ShareAspace platform supports multiple hierarchies according to ISO 10303-239, allowing for comprehensive classification of master data, such as IEC/ISO 81346 and others.
  • Information stewardship: Offers analytics, performance measures, and monitoring tools for effective data management.
  • Information governance: Provides support for information governance functions, policy evaluation, and collaboration.
  • Multiple implementation styles: Supports different MDM implementation styles with origin tracking and automatic updates.
  • Multiple usage scenarios: Supports both operational and analytical MDM requirements.
  • Multi-domain: The ShareAspace platform is designed for multi-domain MDM, addressing the requirements of an MDM program spanning multiple data domains.
  • Product suite internal integration: Provides default integration between in-scope domains and visualization capabilities.

Embrace the future of asset management with ShareAspace

The ShareAspace platform offers a comprehensive suite of solutions for organizations seeking to revolutionize their approach to managing engineering assets across systems and organizations. By incorporating international standards and critical MDM capabilities, the ShareAspace platform enables organizations to maintain accurate, up-to-date data on all their assets, leading to better decision-making and improved financial outcomes. Embrace the power of the ShareAspace platform to unlock the potential of your engineering assets and transform your organization’s approach to asset management today. Contact us.

Learn more

ShareAspace logo showing a collaborative engineering abstract world
Why choose Eurostep’s ShareAspace for secure product data collaboration
We at Eurostep believe in expertise and specialization. That's why we don’t offer CAD, CAE, or MES solutions. There are other companies that are masters in these fields, and we ...
Eurostep Announces PLM Road Map EMEA & PDT Europe 2023
Stockholm, SWEDEN & Ann Arbor, MI, USA — Yesterday, Eurostep, in partnership with CIMdata, officially announced the dates for the eagerly anticipated PLM Road Map EMEA & PDT 2023 Europe. ...
Unleashing the power of digital transformation in the Aerospace & Defence industry
As the wave of digital transformation reshapes the business landscape, it's crucial for organizations to evolve and innovate to stay competitive. One such area ripe for revolution through digital transformation ...
Eurostep’s ShareAspace speeds trusted collaboration in the automotive industry
Discover how Eurostep's ShareAspace is transforming the way the automotive industry collaborates by enabling fast, secure, and efficient data exchange between companies, partners, and suppliers. As electric vehicles (EVs) gain ...
Collaboration and Security: Implementing Resilient and Agile Value Chains
ShareAspace Forum 2023
Collaboration and Security:  Implementing Resilient and Agile Value Chains Join us for ShareAspace Forum 2023, where we'll explore the crucial role of collaboration in value chains and the importance of ...
Digital Thread in Aerospace and Defense eBook
Discover the future of Aerospace & Defense with Digital Thread - Download our free eBook As a global leader in lifecycle management and collaboration, Eurostep is proud to contribute to ...
The potential of digital transformation in enhancing supply chain collaboration
As digital transformation continues to reshape the business landscape, it is essential for organizations to adapt and innovate in order to remain competitive. One area poised for significant improvement through ...
Enhance your engineering asset management with an advanced Master Data Management platform
Key takeaways Comprehensive asset management: The ShareAspace platform seamlessly integrates ISO 55000 and ISO 10303-239 standards, offering a complete approach to managing all types of assets throughout their lifecycle. Versatile ...
Webinar: The Digital Thread – How will it impact your business?
Manage product complexity and boost your business performance Webinar update: New date announced New Date: 09/05/2023 Please note that the date for the webinar has changed. Due to unforeseen circumstances, ...
Webinar: Streamlined supply chain – Enhance your supplier collaboration
Improve Your Data Quality Control and Change Management Join us for an insightful live webinar, where we'll explore the key elements of a streamlined supply chain that maximizes supplier collaboration ...
Webinar: Digital transformation in the shipbuilding industry – Improve your supplier collaboration using ShareAspace
This webinar is for anyone in the shipbuilding industry including engineers, architects and purchasers. During this webinar, you will learn how to secure timely and rightful access to required product ...
Enhancing collaboration and compliance in the defence industry
Key points: ShareAspace enables secure collaboration between MODs and industry contractors for digital data transfer and sharing. ShareAspace is based on ISO 10303 PLCS standard, allowing data exchange and sharing ...
Controlling manufacturing data: A secure collaboration hub for supply chain data management
Key points The ShareAspace platform enables data management across the extended enterprise, based on PLCS standard. ShareAspace Design to Manufacturing offers secure data exchange and flexible collaboration, catalyzing the development ...
Eurostep Group announces ShareAspace as the foundation for Property PLM, a collaborative platform for real estate projects.
Eurostep Group, a leading provider of Product Lifecycle Management (PLM) collaboration solutions, is proud to announce that ShareAspace is being used as the foundation of Property PLM. Property PLM is ...
Digital Twin: Key Concepts and Benefits for Asset Management
Key points Digital twins are virtual replicas of physical assets that capture their design, behaviour, and other crucial parameters in real-time. Maintaining digital twins requires real-time monitoring of assets using ...
Improving Supply Chain Agility: The Future of Product Development
Key points: For businesses to respond quickly to market changes and customer demands, supply chain agility is critical. ShareAspace is a PLM collaboration platform that assists OEMs and Primes in ...
PLM Collaboration: A Data Sharing Hub for Product Development
Key points Collaboration and teamwork are crucial for successful product development, especially for global projects. PLM collaboration platforms like ShareAspace provide a solution for coordinating product development data. ShareAspace is ...
Maximize Product Collaboration and Streamline PLM with ShareAspace: The Complete Solution for Product Data Sharing
Key points: ShareAspace is a PLM collaboration hub that supports cross-organizational and engineering domain collaboration. It is secure and configurable. It provides comprehensive document and part management features, such as ...
Webinar: How to connect IoT and BIM to implement the built asset Digital Twin?
Are you struggling with managing and integrating data from your building's IoT sensors? Are you looking for a way to make sense of all the information and make data-driven decisions? ...
Webinar: Enable full traceability across your whole built assets lifecycle.
Leveraging the asset information hub for change and configuration management. How can you avoid the following costly and time-consuming issues in asset management? Out-of-sync data or conflicting information. Systematically leaving ...
ShareAspace logo showing a collaborative engineering abstract world
Why choose Eurostep’s ShareAspace for secure product data collaboration
We at Eurostep believe in expertise and specialization. That's why we don’t offer CAD, CAE, or MES solutions. There are other companies that are masters in these fields, and we ...
Eurostep Announces PLM Road Map EMEA & PDT Europe 2023
Stockholm, SWEDEN & Ann Arbor, MI, USA — Yesterday, Eurostep, in partnership with CIMdata, officially announced the dates for the eagerly anticipated PLM Road Map EMEA & PDT 2023 Europe. ...
Unleashing the power of digital transformation in the Aerospace & Defence industry
As the wave of digital transformation reshapes the business landscape, it's crucial for organizations to evolve and innovate to stay competitive. One such area ripe for revolution through digital transformation ...
Eurostep’s ShareAspace speeds trusted collaboration in the automotive industry
Discover how Eurostep's ShareAspace is transforming the way the automotive industry collaborates by enabling fast, secure, and efficient data exchange between companies, partners, and suppliers. As electric vehicles (EVs) gain ...
Collaboration and Security: Implementing Resilient and Agile Value Chains
ShareAspace Forum 2023
Collaboration and Security:  Implementing Resilient and Agile Value Chains Join us for ShareAspace Forum 2023, where we'll explore the crucial role of collaboration in value chains and the importance of ...
Digital Thread in Aerospace and Defense eBook
Discover the future of Aerospace & Defense with Digital Thread - Download our free eBook As a global leader in lifecycle management and collaboration, Eurostep is proud to contribute to ...
The potential of digital transformation in enhancing supply chain collaboration
As digital transformation continues to reshape the business landscape, it is essential for organizations to adapt and innovate in order to remain competitive. One area poised for significant improvement through ...
Enhance your engineering asset management with an advanced Master Data Management platform
Key takeaways Comprehensive asset management: The ShareAspace platform seamlessly integrates ISO 55000 and ISO 10303-239 standards, offering a complete approach to managing all types of assets throughout their lifecycle. Versatile ...
Webinar: The Digital Thread – How will it impact your business?
Manage product complexity and boost your business performance Webinar update: New date announced New Date: 09/05/2023 Please note that the date for the webinar has changed. Due to unforeseen circumstances, ...