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Asset Lifecycle Optimization

Lower operating costs, reduce risk, and improve compliance with Asset Lifecycle Optimization.

Enhance your asset management software with advanced analytics that leverage IoT devices and machine learning.

Nokia’s Asset Lifecycle Optimization solution combines data from your enterprise asset management system with information from IT, operations, and external sources to help you accurately visualize asset risk and lifespan. It provides actionable data and insights to help businesses:

  • Reduce operational costs by avoiding unplanning asset replacement and maintenance.
  • Create long-term operational and financial plans based on real-time asset performance.
  • Improve safety by reducing the frequency and duration of unplanned outages.
  • Optimize capital spending and efficiency by analyzing real-time and historical data.

Asset Lifecycle Management

Asset Lifecycle Optimization helps companies prioritize maintenance and improve asset performance with historical and real-time data. Nokia’s Asset Lifecycle Optimization includes:

  • Predictive analytics
  • Asset modeling and analysis
  • Investment planning
  • Integrations with major asset management systems

Find out how Asset Lifecycle Optimization can improve your business asset performance.

Download the Asset Lifecycle Optimization Datasheet

Support Legacy Assets with Real-Time Analytics

Because many companies are juggling large fleets of legacy assets with new technology, Asset Lifecycle Optimization balances the needs of existing assets with modernization. Legacy assets are supported with IoT technology to collect data. Machine learning tools analyze real-time asset data to provide more up-to-date insights to drive decision-making.

Get a Comprehensive View of Asset Performance

Asset Lifecycle Optimization uses data from multiple sources to provide a complete view of your assets and their performance now and in the past. Information is modeled to make insights more accessible and drive business decisions that make assets safer, more efficient, and more cost-effective.

Predict asset risk and failure with Asset IntelligenceNokia IoT Applications Improve Enterprise Processes

Nokia’s internet of things (IoT) applications help businesses and utility providers optimize their operations to provide safe, efficient services to customers and the public. Asset Lifecycle Optimization, specifically, focuses on providing the highest quality information on new and existing enterprise assets to help businesses make smarter decisions.

Nokia’s internet of things (IoT) applications help businesses and utility providers optimize their operations to provide safe, efficient services to customers and the public.

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