How do intangible assets relate to managing physical assets?

PAS 55

This Publically Available Specification for Asset Management powerfully relates intangible assets to managing physical assets.

Intangible assets such as an organization's reputation and image can have a significant impact on infrastructure investment, operating strategies, and related costs. Important considerations for intangible assets are morale, external constraints, and social impact.

In this day of social media and mobility, an organization can be threatened by external threats in an instant.

To respond quickly and with confidence to such threats, your decision-makers must know how everything-connects-to-everything-else to make sure no other vulnerabilities are introduced! They need to be agile. To do so, your organization needs a management system to illustrate these connections. Check out FORTIG, the management system for Asset Management. FORTIG is PAS 55 compliant! It's PAS 55's digital twin.