Bentley's Russell Page, Director, Solutions Architecture for Transportation Asset Management (TAM), presented on the "Transportation Asset Management Evolution" stating "information is the foundation of asset management" and noting the process "needs to be more connected to transportation planning and design" for a more strategic approach.
Russell showed how TAM is becoming more strategic highlighting benefits of strategic asset management, including:
"Poor asset lifecycle management is expensive - when integrity drops 8%, employee productivity drops 50%".
As TAM becomes more strategic, the traditional silos between asset classes are being removed as are the traditional silos between functions. Russell identified several drivers forcing this rapid evolution:
What do you think? What are the key drivers in your organization? What's missing from this list?
Tell us in the comments. #Bentley15