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.
