By HPA Senior Advisor Alex Nesbitt
In our ever more connected world, managing the network of technology-enabled assets becomes more critical and complex. As operational assets become more intelligent and connected, businesses are experiencing a rapid convergence of operational and technology assets, dramatically increasing the challenge and importance of effective asset management. The number of assets dramatically expands, and the interoperability of these assets increases the safety and security risks. The resulting task of managing this connected asset base has become materially more complex.
The following infographic extracts the critical elements of the challenge and presents a simple conceptual approach to technology asset management. This approach provides an effective model for engaging the organization. It has helped many clients get organized and act on a no-regrets agenda for more effective asset management.