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Assets Module

Assets Module

A complete asset inventory and accurate condition assessment is the foundation to developing a comprehensive asset management program.

NEXGEN Asset Management’s Assets module includes Asset Inventory, Condition Assessment, Inspection and Backflow. Unlike many Computer Maintenance Management Systems (CMMS) that are either specific to non-linear or linear assets, NEXGEN Asset Management software has a structured asset hierarchy that serves both types of assets effectively. Non-linear assets (equipment, area, structure, vehicle, etc.) are grouped by location and class, and organized in customizable tree structures. Linear assets (pipes, roads, telecommunications lines, etc.) are not only sorted by class and location, but are also linked by connectivity and graphically displayed on a Geographic Information System (GIS) map. The ability to query assets and create work orders through the asset inventory hierarchy or GIS adds to the flexibility of NEXGEN Asset Management’s asset inventory module. Data can also be easily rolled up for summary reports based on location or class.

 

The type of information collected using NEXGEN Asset Management software can be customized for the following asset classes:

  • Area – (i.e. parks, drainage, reservoir)
  • Equipment – (i.e. pumps, computers, motors, furniture)
  • Linear – (i.e. pipes, roads, cables, telecommunications)
  • Structure – (i.e. buildings, bridges, tanks)
  • Vehicle – (i.e. cars, trucks, planes)

NEXGEN Asset Management automatically assigns an Asset Condition Index (ACI) based on age to consistently rate conditions for analysis in the absence of field condition assessments. ACI ratings from 1 to 10 allow users to capture and interpret conditions consistently.

NEXGEN Asset Management’s Inspection Module supports routine asset inspections. Customizable inspection templates can be created for specific types of inspections. We have developed a Sanitary Sewer Overflow inspection template that complies with the regulatory reporting requirements.

How It Works

Keep track of all your assets while reducing risk and maximizing useful life.

How many assets does your organization have? 500? 5,000? 50,000? At some point, spreadsheets and standard databases are not able to keep up with all of the attributes, work orders and other crucial information associated with all those assets.

That’s where NEXGEN Asset Management comes in.

NEXGEN is much more than an asset database. It is a dynamic tool that tracks every aspect of every asset, from attributes to maintenance histories. We take asset management to the next step by incorporating proprietary Asset Management Intelligence into the asset inventory, giving you key insights into asset condition, remaining useful life and risk.

For clients with GIS assets, NEXGEN seamlessly integrates with most popular GIS platforms, allowing your organization the ability to view assets graphically. When an asset is located on the GIS map, a work order, inspection or condition assessment is just a click away.

No GIS? No problem. NEXGEN Asset Management is also designed to manage vertical assets such as plants and buildings with ease.

If your organization has both vertical and linear assets, both types will conveniently be housed side by side in a single database.

 

The type of information collected using NEXGEN Asset Management software can be customized for the following asset classes:

  • Area – (i.e. parks, drainage, reservoir)
  • Equipment – (i.e. pumps, computers, motors, furniture)
  • Linear – (i.e. pipes, roads, cables, telecommunications)
  • Structure – (i.e. buildings, bridges, tanks)
  • Vehicle – (i.e. cars, trucks, planes)
  • Misc

NEXGEN Asset Management automatically assigns an Asset Condition Index (ACI) based on age to consistently rate conditions for analysis in the absence of field condition assessments. ACI ratings from 1 to 10 allow users to capture and interpret conditions consistently. If a manual condition assessment is conducted on an asset, the remaining useful life and risk score is updated.

NEXGEN Asset Management’s Inspection Module supports routine asset inspections. Customizable inspection templates can be created for specific types of inspections to be easily conducted in the field. We have developed a Sanitary Sewer Overflow inspection template that complies with the regulatory reporting requirements.

Asset Inventory Highlights

  • Asset inventory integrated with asset management modules for real time lifecycle funding forecasts and risk prioritization
  • Mandatory asset inventory information collected to support an asset management program
  • Integrated with GIS for graphical interface
  • Linear asset connectivity within the asset inventory
  • Non-linear assets can be rolled up or drilled down to the lowest levels
  • Customizable information can be tracked based on asset classes

Condition Assessment Highlights

  • All assets will have condition ratings either by age or field assessments
  • Consistent ACI ratings and guidelines
  • Asset condition is aligned and directly integrated with lifecycle planning and risk calculations
  • Closed Circuit Television (CCTV) assessment imports into industry standard Pipeline Assessment Certification Program (PACP) formats

Inspection Highlights

  • Customizable inspection templates
  • Sanitary Sewer Overflow inspection template that complies with regulatory reporting requirements

GIS Highlights

  • Map all assets, customers, service requests, work orders and more in GIS
  • Linear asset connectivity within the asset inventory
  • Dynamic GIS queries and reports
  • Configurable color coding and layering
  • Identifies your current location and shows service requests and work orders on GIS
  • Sync with existing ESRI ArcGIS database

Risk Management Highlights

  • Prioritize individual assets by risk based on impact and probability
  • Scenario planning tools allow users to perform “what if” risk analysis by comparing impacts to ARI, AII, API and ACI
  • Using real time work orders and condition assessment histories to automatically calculate probability of failure
  • Risks are dynamically integrated with the maintenance management system

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