JAIT 2024 Vol.15(9): 1079-1088
doi: 10.12720/jait.15.9.1079-1088

Smart Technologies for Whole Life Asset Management

Chee Kit Ho1,* , Yee Loon Sum2 , King Jet Tseng3

  • 1C&W Services, Singapore
  • 2Lumizen Pte Ltd, Singapore
  • 3Electrical Power Engineering Department, Singapore Institute of Technology, Singapore

* Corresponding author

  • Manuscript receivedJanuary 11, 2024
  • revisedMarch 5, 2024
  • acceptedMay 20, 2024
  • publishedSeptember 25, 2024

Abstract

Smart technologies spilled over from Industry 4.0 has benefited many sectors in the built environment. Digitization of information and digitalization of processes facilitated many advances in whole life cycle asset management. During uncertain times, smart technologies increasingly enable asset managers to better manage their assets with a life cycle approach. This paper studies the technology trend in facilities asset management. Next, the importance of managing change and resilience planning in whole life cycle asset management is explained. Finally, strategies using smart technology to strengthen resilience and manage change is present.

Keywords

  • asset management
  • digitalization
  • Industry 4.0
  • resilience
  • smart technologies
JAIT-V15N9-1079

How to Cite

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Chee Kit Ho, Yee Loon Sum, and King Jet Tseng, "Smart Technologies for Whole Life Asset Management," Journal of Advances in Information Technology, vol. 15, no. 9, pp. 1079-1088, 2024. https://doi.org/10.12720/jait.15.9.1079-1088

Copyright & License

Copyright © 2024 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

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