ASSET LIFECYCLE MANAGEMENT
First Claim
1. A method for asset lifecycle management, the method comprising:
- assessing a current health condition of a plurality of assets that are managed by a plurality of different entities;
applying predictive analytics to determine a predicted future health condition of the assets;
determining prescription options for the assets based on the current health condition and the predicted future health condition of the assets, each prescription option specifying an asset, a timeframe, an expected cost, and an expected future health condition of the asset;
performing spatial and temporal analytics to combine individual prescription options into a unified project, the unified project including prescription options that specify assets that are managed by at least two of the entities;
determining a timeframe to execute the unified project, the determining based on financial constraints and spatial constraints; and
outputting the unified project plan.
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Accused Products
Abstract
Embodiments of the invention relate to asset lifecycle management. A method includes assessing a current health condition of a plurality of assets that are managed by a plurality of different entities. Predictive analytics are applied to determine a predicted future health condition of the assets. Prescription options for the assets are determined based on the current health condition and the predicted future health condition of the assets. Each prescription option specifies an asset, a timeframe, an expected cost, and an expected future health condition of the asset. Spatial and temporal analytics are performed to combine individual prescription options into a unified project. The unified project includes prescription options that specify assets that are managed by at least two of the entities. A timeframe to execute the unified project is determined based on financial constraints and spatial constraints. The unified project plan is output.
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Citations
9 Claims
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1. A method for asset lifecycle management, the method comprising:
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assessing a current health condition of a plurality of assets that are managed by a plurality of different entities; applying predictive analytics to determine a predicted future health condition of the assets; determining prescription options for the assets based on the current health condition and the predicted future health condition of the assets, each prescription option specifying an asset, a timeframe, an expected cost, and an expected future health condition of the asset; performing spatial and temporal analytics to combine individual prescription options into a unified project, the unified project including prescription options that specify assets that are managed by at least two of the entities; determining a timeframe to execute the unified project, the determining based on financial constraints and spatial constraints; and outputting the unified project plan. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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Specification