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Asset management system

  • US 20070145109A1
  • Filed: 12/23/2005
  • Published: 06/28/2007
  • Est. Priority Date: 12/23/2005
  • Status: Abandoned Application
First Claim
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1. An asset management system, comprising:

  • one or more data collection devices configured to monitor one or more operating conditions of a machine in real time; and

    a processor configured to;

    receive data from the one or more data collection devices;

    compare the received data to a set of usage terms of a warranty agreement relating to the machine;

    wherein the system is configured to communicate, in real time, to at least one of an owner and an operator, information regarding the warrantability of the machine or its components under the warranty agreement based on the comparison of the received data to the set of usage terms of the warranty agreement.

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