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6 Ways Asset Management Optimization Delivers Value

Facility management is about much more than managing buildings, infrastructure, and services—it is critical to the successful functioning of every organization, according to a recent IFMA report on strategic decision-making.

Asset optimization is all about making strategic improvements to the effectiveness of your overall asset management methodology by providing more holistic adjustments.

But first, a few key terms:

An asset is an item of value owned.

Optimization is the process or methodology for making something as functional or practical as possible.

Creating value with asset management optimization must go beyond simple cost-reduction strategies. According to a recent article in Building Operating Magazine, "increases in productivity offer an opportunity to boost long-term profitability in a way that the most aggressive cost-cutting can't match."

Here we drill down into the top 6 ways asset management optimization will create value for your organization.


1. Strategic Management

Do the good work at the right time to deliver the right level of service. 


2. More than Maintenance

Asset management requires leadership to drive change and implement controls across the organization's management system. 

Learn how our leadership team has empowered organizations to improve facility condition assessment and capital planning.


3. Improves ROI

Asset management delivers value by contributing to the bottom line – a 30% efficiency savings is typical.

Contact us to learn more about how we can improve your ROI.


4. Value for your Customers

Better-managed assets have fewer faults and failures, which results in improved performance and happier building occupants. 


5. Organizational Objectives

Better managed assets result in a safer built environment, which directly correlates to improved sustainability and reductions in environmental impact. 

See how we're moving the built environment forward.


6. The Digital Difference

Better-managed information and data analysis can save at least 5% of an organization's expenditures. 



In conclusion, when considering how value plays into physical asset management, it is essential that organizations "evaluate the balance between cost, risk, and performance, thereby allowing better-informed decisions," according to a recent study by the Institute of Civil Engineers.

The discipline of Facility Management is about more than managing property assets. Achieving maximum value from workplace and environmental benefits that improve productivity and protect employees and consumers is crucial.

Therefore it is essential to move beyond cost-cutting strategies to implement a holistic asset management optimization methodology to create real long-term value at your organization.

Be Smarter. Be Strategic. The FOUNDATION Solution by Intellis

It is time to take Asset Management, Facility Condition Assessment, and Capital Planning to the next level.

Working with Intellis enables you to develop an optimized plan for your entire portfolio of facilities that aligns with your company's mission and adapts to its needs.

Top Benefits of Intellis:

  1. Save an average of 3+ hours per week by removing the need for data entry.
  2. Increase budget funding by 60% or more on capital planning projects.
  3. Finally, cut spending by half on your annual Facility Condition Assessment.

Say goodbye to complicated Excel spreadsheets. And hello to the digital age with cloud-based software for more intelligent, more efficient facility condition assessments, physical assessment management, and capital planning so that you can focus on the long-term success of your facilities.

Are you ready? Schedule a demo with our team to learn more!

Schedule Demo




Research and Resources

CGI Whitepaper, "The Value of Optimization in Asset Management," https://www.cgi.com/sites/default/files/white-papers/cgi-the-value-optimization-asset-management-wp.pdf.

Gager, Andrew, "Implementing a Successful Asset Management Program," Facility Maintenance Decisions, https://www.facilitiesnet.com/maintenanceoperations/article/Implementing-a-Successful-Asset-Management-Program--17614.

Parlikad, Ajith Kumar and Rengarajan Srinivasan, "An approach to value-based infrastructure asset management," Institute of Civil Engineers, https://www.repository.cam.ac.uk/bitstream/handle/1810/265053/jinam.17.00003.pdf?sequence=1&isAllowed=y.

Sullivan, Ed, "Adding Value," Building Operating Magazine, https://www.facilitiesnet.com/facilitiesmanagement/article/Adding-Value-Facilities-Management-Facilities-Management-Feature--2738.