Home > Published Issues > 2024 > Volume 15, No. 9, 2024 >
JAIT 2024 Vol.15(9): 1079-1088
doi: 10.12720/jait.15.9.1079-1088

Smart Technologies for Whole Life Asset Management

Chee Kit Ho 1,*, Yee Loon Sum 2, and King Jet Tseng 3
1. C&W Services, Singapore
2. Lumizen Pte Ltd, Singapore
3. Electrical Power Engineering Department, Singapore Institute of Technology, Singapore
Email: ho.cheekit@cwservices.com (C.K.H.); ylsum@lumizen.com.sg (Y.L.S.);
kingjet.tseng@singaporetech.edu.sg (K.J.T.)
*Corresponding author

Manuscript received January 11, 2024; revised March 5, 2024; accepted May 20, 2024; published September 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

Cite: 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.

Copyright © 2024 by the authors. This is an open access article distributed under the Creative Commons Attribution License (CC BY-NC-ND 4.0), which permits use, distribution and reproduction in any medium, provided that the article is properly cited, the use is non-commercial and no modifications or adaptations are made.