Asset management is a systematic approach to the governance and realization of values from things that a group or entity is responsible for throughout their life cycles; This includes both tangible and intangible assets.
Asset management involves developing, operating, upgrading, maintaining, and disposing of assets in a cost-effective manner, considering risks, costs, and performance attributes. It is commonly used in the financial sector to describe companies and individuals who manage investments on behalf of others, such as investment managers who manage the assets of a pension fund.
Asset management is now being used not only in the business world but also in the public sector to ensure a coordinated approach to optimizing costs, risks, sustainability, and performance. Public asset management is also called corporate asset management. Customers may use many assets that are constrained by a license agreement, and an asset management system would identify these constraints, such as the time period.
For example, the Chennai metro rail uses rail asset management solutions with digital, real-time, condition-based monitoring provided by an Indian operator. Asset management allows for quick tracking. It also makes internal processes, such as shift systems, attendance, holidays, lateness, and working hours, easier to manage and maintain.
Many public sector assets necessary for safe and livable communities are expiring, leading to an unprecedented asset renewal backlog. Asset Management Software allows for the efficient capture, storage, and management of asset data, enabling long-term, informed decision-making and optimized capital expenditure. It ensures efficient proactive and reactive asset maintenance.
The asset management software also allows the public sector to understand and predict service levels and asset costs throughout their life cycle, including asset failure predictions. It also allows the public sector to determine capital works plans and long-term commercial works plans.
Therefore, it is beneficial for the public sector to use asset management for efficiency and perfection.
Cryotos CMMS is a cloud-based maintenance and asset management software solution that helps companies streamline their maintenance operations. Cryotos CMMS provides a central repository for all maintenance-related information, including asset data, work orders, and maintenance records. The software includes various features to help users manage their assets, such as work order management, asset tracking, and maintenance scheduling. Cryotos CMMS also offers a mobile app, which gives users the ability to access their maintenance data from anywhere.
The best thing about Cryotos CMMS software is that it always tells me when something needs to be fixed - before it breaks and cost me a fortune!
The software is very user-friendly, and even if I don't know how to do something, the support team is always there to help me out.
Most importantly, unlike other such software, Cryotos is editable and hence the user can modify how the software works as per their need, we made several changes in the workflow & flowchart with the help of development team.
I don't know what I would do without Cryotos! I've been using it for years, and it has saved me so much time and money. I highly recommend it to anyone who wants to manage their assets efficiently.
Since we've been using Cryotos CMMS Software, our asset maintenance management has been running more smoothly than ever. We're able to track and optimize our preventive maintenance with ease, thanks to the customized process workflow. This has been a lifesaver for our team!
The Cryotos CMMS software has allowed us to manage our assets more effectively and efficiently. It has helped us to improve our asset utilization. The software is user-friendly and easy to navigate, and the support team is always quick to help with any questions we have. We're very happy with the results we've seen so far and we're confident that we'll continue to see improvements in our asset management as we use the Cryotos CMMS software.
Cryotos goes above and beyond when it comes to customer satisfaction. Planys Technologies use Cryotos for preventive/ corrective maintenance of our critical systems and not once did we face a problem that was not dealt with immediately. The team is extremely professional and helpful. We can rely on Cryotos when it comes to the operations and processes.
Thanks to the whole team for the amazing performance and thought leadership. It's rare to see teams that can put themselves in the customer's shoes and think from their perspectives - Cryotos team doesthat and more.
We recommend Cryotos if you are looking to put an end to your preventive maintenance problems and sign up with them!
Thanks to the team for an awesome job.
On behalf of Xpert FMS we would like to express our sincere appreciation for the excellent support Cryotos team have provided us for our building and facility management. Cryotos has always provided support that is timely and meets our expectations. Professionalism and quick response are the hallmarks of this team.
Sincere appreciation for the team's brilliant performance and wish them continued success. We highly recommend Cryotos as they have executed well on all assigned tasks and continue to outperform.
Thanks to all the hard work, our lives have become easier.
We are able to raised the workorder and tracking of these till the closure as helped us to provide better services our beneficiaries. Workflow-based work order management has helped us to define processes for each locations separatley. System provide notification once order is raised for assignment to engineer.
