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Technology to Help Manage Assets

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Presentation on theme: "Technology to Help Manage Assets"— Presentation transcript:

1 Technology to Help Manage Assets
Presented to: 2017 SCORT ANNUAL MEETING

2 Assets come in all shapes and sizes:
Bridges Track Switches Signals Ballast Retaining Structures Buildings Rolling Stock And more…

3 Asset Management is a strategic approach considering:
Performance Measures Resource Allocation Risk/Priority Life-Cycle Needs Low Risk High Risk Impact Likelihood

4 Asset management technology can assist in the process by:
Tracking and Displaying Performance Calculating Expenditures Determining Risk and Priorities Predicting Future Costs and Deterioration Time Condition Do Nothing Optimal Timing Preventative Trigger Rehabilitation Trigger

5 Technology of the past Clunky databases with limited capability and no visual appeal

6 Current technology can do so much more
Data visualization Built for mobile use Working while offline Collaboration with workers Enhanced security Secure cloud storage Configuration Data integration Focus on UX/UI

7 Track Inventory – Assets, Equipment, Material, and Vehicles

8 Create, Track, and Distribute Work Orders

9 Calculate Risk and Priorities

10 FRA Requirements for Bridges (49 CFR Part 237)
Inspection intervals Inspection report due dates Qualifications for RBI, RBE, RBS Recordkeeping Audits Security of Records An electronic Asset Management System can help achieve all of the above!

11 Electronic Asset Management Systems
Tool to help make data driven decisions Integration with existing and legacy systems Eliminate data silos Enables efficient workflows Security, privacy, permissions

12 Thank you!


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