Media

Category: Asset Management

Date: 09/08/2023

Subject: When it comes to managing the Assets that comprise your ‘Critical Infrastructure’, Diriger and our Ecosystem Partners at Odbok have all the bases covered.

Audience: LinkedIn

Topic: All the elements for effectively managing Critical Infrastructure Assets are brought together by Diriger’s Interoperability Platform that incorporates the Open Industry Interoperability Ecosystem (OIIE) standard connections with a library of ~500 Enterprise-level Business Functions (APIs).

The twelve most effective asset management strategies for critical infrastructure require the holistic, adaptable, and standards-based approaches indicated below……….

➡️Risk Assessment and Management: Identify potential risks and vulnerabilities that could impact the critical infrastructure's operation. Prioritise these risks based on their potential consequences and likelihood of occurrence and develop treatment actions to address these risks effectively.

➡️Lifecycle Management: Implement strategies that cover the entire lifecycle of assets, from planning and design to operation, maintenance, and eventual decommissioning.

➡️Investment Planning and Budgeting: Develop long-term investment plans that outline necessary upgrades, replacements, and maintenance activities. Allocate budgets based on these plans to ensure consistent funding for asset management efforts.

➡️Sustainability and Resilience: Consider the environmental and societal impacts of asset management decisions. Aim to enhance the sustainability of critical infrastructure through energy-efficient technologies and practices. Additionally, design and plan for resilience against natural disasters and other disruptions.

➡️Regulatory Compliance: Stay up-to-date with relevant regulations and standards that apply to critical infrastructure. Ensure that asset management practices align with these requirements to avoid legal and regulatory issues.

➡️Stakeholder Engagement: Involve relevant stakeholders, including government agencies, community representatives, emergency providers / protocols, and private sector partners, in asset management planning and decision-making processes.

➡️Asset Performance Management: Establish performance metrics and benchmarks for critical infrastructure assets. 

➡️Data-Driven Decision Making: Utilise data analytics and technology to gather, monitor, analyse and govern asset performance data. This helps in making informed, anticipated, and accelerated decisions and actions about maintenance, upgrades, and investments.

➡️Condition Monitoring and Predictive Maintenance: Utilise advanced technologies such as sensors, data analytics, and machine learning to monitor the condition of assets in real time. Predictive maintenance allows for timely interventions before equipment failures occur, minimising downtime and costly repairs.

➡️Maintenance and Inspection: Establish regular inspection and maintenance schedules for critical infrastructure assets. 

➡️Asset Tracking and Inventory: Maintain accurate records of all assets, including their location, specifications, maintenance history, and usage patterns. This information helps in efficient resource allocation and timely maintenance. Ensure a robust supply chain for critical components and spare parts to prevent disruptions due to shortages or delays. 

➡️Innovative Technologies and Cybersecurity: Stay informed about emerging technologies that can enhance asset management. Implement robust cybersecurity measures to protect critical infrastructure assets from cyber threats and attacks.

For more information about Diriger’s Asset Management innovations, visit our website at www.diriger.io

Should you require more detailed information about Asset Data Management, Governance, and Management of Change, visit the Odbok website at www.odbok.cloud