By understanding the detail of the past and present states of the asset, AssetHive is able to predict the future state of the asset.
Using the power of predictive analytics, AssetHive can provide recommendations or suggestions that enable the owner to make risk-based decisions that increase productivity, improve safety and so reduce risk.
For example, the entire end-to-end management of a risk-based inspection regime can be delivered by AssetHive.
Because it’s possible to determine where problems are most likely to occur based on the data it holds about the asset, AssetHive is able to create and issue the work packs that are needed to conduct the inspection based on a risk scenario. As data comes back from each of these inspections, AssetHive will become even more adept at advising on these risk scenarios.
Whoever owns the data has won the race. Predicting the future of the asset based on this data is the prize.