Asset Condition Assessment
MediumUnderstanding asset condition to inform maintenance and replacement decisions.
The Pain
Asset condition is assessed through periodic inspections. Condition can change between assessments. Data from inspections isn't fully utilised. Condition understanding drives significant investment decisions.
What's Possible
AI can help assess asset condition from inspection data and other signals. Condition understanding becomes more current and comprehensive. Investment decisions are better informed.
Signals This Is Worth Exploring
Condition assessed through periodic inspections only
Condition changes between assessments
Inspection data isn't fully utilised
Condition uncertainty affects decisions
Impact
Better understanding of asset condition
More current condition information
Better informed maintenance and replacement decisions
More value from inspection data
Typical Approach
Assess
Review condition data and assessment needs.
Pilot
Apply enhanced assessment to priority assets.
Scale
Extend to broader asset portfolio.
What to Watch Out For
Condition assessment has uncertainty
Some assets are hard to assess
Data quality affects accuracy
Assessment should inform, not replace, expert judgment
Questions to Think About
Before we talk, you might want to consider:
How is asset condition currently assessed?
What condition data do you have?
What assets are hardest to assess?
How does condition inform decisions?
Build On This
Once the basics are working, you can expand:
Degradation prediction
Forecast future condition
Inspection optimisation
Target inspections where needed
Risk-based prioritisation
Focus on assets with greatest risk
Want to explore if this fits your organization?
Book a 30-minute call to discuss your situation and whether this use case makes sense for you.
Book a 30 min call