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System and method of master data management

  • US 9,691,053 B1
  • Filed: 12/31/2003
  • Issued: 06/27/2017
  • Est. Priority Date: 02/13/2003
  • Status: Active Grant
First Claim
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1. An asset management system for management of assets, the asset management system comprising:

  • a computer system comprising at least one processor and memory including instructions that, when executed by the at least one processor, cause the computer system to operate as a plurality of systems, the systems comprising;

    a master data management system configured to facilitate management of master data pertaining to objects selected from among the assets, the master data selected from object data, the master data including at least one fade out indicator indicating whether a portion of the master data associated with the at least one fade out indicator is suitable for removal from the master data management system;

    a maintenance management system configured to manage maintenance of a plurality of objects subject to maintenance; and

    a master data processing system configured toderive, based on master data of an object of the plurality of objects subject to maintenance and the at least one fade out indicator, object-related knowledge associated with the object, the object-related knowledge comprising an indication of a priority for maintenance of the object relative to other objects of the plurality of objects subject to maintenance, andprovide the object-related knowledge to the maintenance management system, wherein the maintenance management system is configured to manage maintenance of the object based on the indication of the priority for maintenance of the object, and to display a level of detail of the master data of the object based on the at least one fade out indicator for the object.

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