Our focus is on increasing the economic value of the tangible assets created, both current, such as materials and products and fixed, like buildings, equipment and infrastructure. By viewing the world of products, materials, systems, buildings, and infrastructure, all as assets, it makes sense to increase their positive economic value both for customers and enterprise owners. This can be achieved by enhancing future economic benefit either as a resource or providing ability to earn dollars. Another way to look at this is to reduce the liability of an asset with respect to factors that may reduce its value at different points in its lifecycle, in production, use or end-of-life.

 

Ultimately, the objective is to deliver or retrofit a more valuable asset by appropriately integrating advanced technology. This can often be achieved through an effectively guided design and engineered process of production, supply, operation or installation.

 

Corporate, Government, University, and Utility customers, for example, increasingly procure on the basis of value for money. Domestic owners and consumers are also interested in making purchases that provide higher value. Easy access to information is increasing customer awareness of valued benefits, which can often sway their buying decision if effectively sold and well priced.

 

Beyond the industrial aspects of this change, there are new products, such as advanced electric vehicles sold online, thermostats that think and devices that automatically shut down a buildings non-essential systems to generate revenue and networked devices that convert your car to a shareable rental asset.