Infrastructure asset management solutions help companies from industries like the public sector, utilities, and transportation manage infrastructure assets such as roads, bridges, water treatment plants, or power lines. Due to the complex nature of these assets, this type of software provides advanced features that are usually not included in the software for industrial assets such as CMMS and enterprise asset management (EAM). While asset managers are the main beneficiaries of this type of software, it can also be used by finance professionals for cost tracking and by urban planners and architects for public infrastructure development.
Infrastructure asset management solutions integrate with capital project management software for infrastructure development projects, as well as accounting and ERP systems to track asset costs and depreciation.
To qualify for inclusion in the Infrastructure Asset Management category, a product must:
Manage infrastructure assets such as transportation and public structures
Provide features for maintenance, work orders, and change management
Monitor asset conditions and alert users when maintenance is required
Analyze maintenance costs, asset reliability, and other KPIs for infrastructure