Capital Planning, reimagined for all.
Why does turning a plan into action demand such an extraordinary investment of time, energy, and coordination?
According to our research from nearly 1,000 customers and a decade of collected field data, failure to execute consistently occurs because the details of your equipment are missing or inaccessible, and your technology systems are not communicating.
The reality of the capital planning process today is mired in unorganized equipment inventory and condition assessments. To create a multi‑year plan for the critical equipment you make, manage, or maintain, you need to know what you have, how old it is, how well it’s performing, and when it will reach end‑of‑life or become inefficient. Today, these details are surface‑level, siloed in disparate systems, un‑indexed, and inconsistently captured.
When a critical asset goes down, millions of revenue dollars, jobs, and even lives could be lost. When this much is at stake, what is the acceptable level of risk (e.g.: downtime, system failure) you should be willing to accept? In this new era, the answer can, and should be none. In this guide, we’ll provide you with an alternative to today’s process, and show you how the use of data‑focused and intelligent technology is the key to getting your equipment details in order.
