The Future of Asset Management: Leveraging Data and Technology to Drive Efficiency

Effective asset management is crucial for organizations looking to improve operations and ensure long-term success. However, many face the challenge of managing assets across disparate systems, whether in Facilities Management (FM), Information Technology (IT), or Operational Technology (OT).

In this edition of The Workplace Reconnected, we explore the key strategies and technologies that can help organizations streamline asset management, improve operational efficiency, and support data-driven decision-making. Whether you're aiming to optimize your stockroom or implement a unified asset management strategy, these resources will help you take the next step toward greater efficiency and control.

Decoding Your Inventory Data: Essential Metrics for Efficiency and Performance

Tracking your stockroom's performance is key to enhancing operations and ensuring seamless support for maintenance technicians. In this video, Senior Product Manager for Nuvolo's Facilities Maintenance product, Kelley Ernsdorff , shares her top inventory metrics. You'll gain a deeper understanding of what these metrics mean, equipping you with the knowledge to make data-driven decisions for your stockroom.

FM vs. IT vs. OT: What You Need to Know to Keep Track of Your Assets

Facilities Maintenance (FM), Information Technology (IT), and Operational Technology (OT) teams have common ground: the management of valuable assets. Despite this seemingly shared responsibility, they usually operate in disparate systems with distinct workflows. But is there an opportunity for organizations to effectively manage all assets under a unified approach? Read on to learn how organizations can make the best operational decisions by understanding the nuances between asset management systems.

The Future of Facilities Management: 3 Points to Consider When Choosing a Modern Solution

While there are many facilities management solutions in the market, there are 3 key areas that will guide you to your best fit:

1. Scalability: As your organization grows, so should your FM solution. An IWMS provides a scalable platform to manage expanding facilities and resources.
2. Flexibility: The right IWMS adapts to new technologies, trends, and workspace configurations. It should integrate with various vendors and IoT devices, offering strong mobile capabilities.
3. Sustainability: With increasing focus on environmental responsibility, your FM solution should support energy efficiency and sustainable practices.

Read the full blog to explore how these three key areas can help you choose the best FM solution for your organization’s needs.

U.S. Department of Transportation Streamlines Asset Management Across Thousands of Properties

The U.S. Department of Transportation (DOT) faced significant challenges managing its vast portfolio of 87,000 real property and 300,000 personal property assets due to outdated, siloed systems that hindered efficiency and data accuracy. By implementing Nuvolo’s Integrated Workplace Management System (IWMS), DOT consolidated its asset management processes into a single platform, streamlining workflows and improving data integrity. As a result, the department reduced reporting time from months to weeks and expects a 30% increase in revenue from its properties.

To learn more about how Nuvolo helped DOT optimize its asset management, read the full story.

Nuvolo Connected Workplace

Nuvolo Connected Workplace simplifies asset management by integrating real estate, space, capital planning, and asset data into a single platform. This unified approach gives organizations clear visibility into their operations, using real-time data and insights to enhance asset use and performance. By streamlining tasks like inventory tracking and real estate management, Nuvolo empowers users to make smarter, data-driven decisions that improve efficiency and reduce costs. Discover how Nuvolo can transform your asset management —explore the solution.