What is infrastructure asset management, and how does it help in maintaining and optimizing physical and digital assets?
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What is infrastructure asset management, and how does it help in maintaining and optimizing physical and digital assets?
Infrastructure asset management is a systematic process of maintaining, upgrading, and managing physical or digital assets to ensure they provide the desired level of service in a cost-effective manner. It involves evaluating the condition of assets, prioritizing maintenance and improvement activities, and making informed decisions to optimize their performance and lifespan. By implementing infrastructure asset management practices, organizations can prolong the life of their assets, reduce downtime, improve operational efficiency, and minimize risks associated with asset failure. Overall, infrastructure asset management helps organizations maximize the value of their assets and make strategic decisions to meet current and future infrastructure needs.