Confirm Strategic Asset Management allows asset managers to predict long term condition of their assets using current condition and applying algorithms. It also allows asset managers to assess cost of maintenance over long term to meet their service levels.
Confirm Strategic Asset Management application has three main parts: Model, Data and Analysis.
Model allows user to create asset groups and rule sets which are input to algorithms determining long term condition and cost analysis.
Data allows user to provide asset group quantity, initial condition and unit cost of treatment distribution which is used during Analysis. Application has the capability to pull asset and initial condition attribution data from Confirm.
Analysis allows user to create scenarios or treatment strategies to assess long term condition and expenditure for a scenario. Before carrying out any Analysis, a set of Model and Data is required.
The flowchart below describes the functionality of Confirm Strategic Asset Management application at a high level.
