Asset Management

Operations IT OT Automation Cost Efficiency Resilience Service Assurance Cross-Industry

Asset Management

Depends on

Configuration Management

Browse · System Layer

IT OT

145 terms in IT

Browse · Impact Layer

Automation Cost Efficiency Resilience Service Assurance

Browse · Industry

Cross-Industry

All Relationships

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Depends on

Configuration Management

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Asset Monitoring Condition Monitoring Configuration Management Firmware Management Monitoring Predictive Maintenance

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Definition

Asset management is the operational discipline of identifying, controlling, maintaining, and optimizing assets across their useful life.

Key Points

Covers ownership, condition, configuration, and lifecycle state.
Improves maintenance planning and service continuity.
Applies to both IT assets and OT assets.
Supports operational visibility and cost control.

Concept

It links inventory, status, maintenance, firmware, and configuration into one governance process.

Explainer

Asset management is broader than simple inventory. Knowing what exists is only the first step; the operational goal is to keep assets serviceable, accurate, and fit for use.

Cite this entry

Asset Management. ConnectedEarth Knowledge Base. https://connectedearth.space/knowledge-base/asset-management/ (updated 13 September 2026).

Worth Clarifying

Asset management is not just record keeping. It is the active control of asset condition, lifecycle, and configuration so the system remains dependable.