2017 – March – Boshier – Technology based asset management

Steve Boshier FIRSE, FCILTA Auckland Transport Asset Management is an area that continues to develop through innovation, technical developments and through new ways of looking at whole of life management. In tough economic times, businesses often take short cuts with asset management in a bid to remain profitable. Its usually one of the first areas whose budget gets cut back for a whole range of reasons. Such a decision only provides a short term solution to a problem that ultimately gets worse and comes back to bite even greater. Technologies such as BIM, Mobility, Analytics, and a suite of ISO standards represents a coming of age for rail systems asset management. They are transforming the rail sector and are helping to drive a long term approach to maintenance with benefits. One that is now allowing staff to do more with less whilst allowing them to improve the asset reliability, availability and system safety.