Asset Dynamics at Asset Management Council New Zealand Chapter Symposium 2025

Asset Dynamics’ Andrew Gatland was part of a high quality programme of speakers at the Asset Management Council New Zealand Chapter’s Symposium 2025. This one-day conference held at AUT has become a key event in the calendars of asset management professionals seeking cross-sector technical content. Entitled “Delivering Value through Innovation” the event included presenters from the New Zealand Infrastructure Commission, Transpower, Kiwirail, Auckland Transport, and more.

Entitled “Sweating the Data Assets”, the paper argues that infrastructure owners can do more to realise value from data already held in asset management information systems. Co-developed with Dr. Bob Platfoot of Covaris, the paper presents three case studies where this was achieved.

The first case study considers using quantitative time series measurement data to develop a risk profile for individual equipment units on a scalable basis that can be applied across high volume asset fleets. The technique was outlined and then extensions to the approach to provide intelligence at the levels of asset systems and locations was described.

The second case study recognises that preventive maintenance strategies need to be both effective and efficient, and work order data can be used to evaluate this and detect routines where there may be opportunities for improvement. Two heuristics are introduced to detect risks to effectiveness, and opportunities to improve efficiency and ensure that all preventive maintenance tasking is adding value.

The third case study considers the alignment between the asset maintenance strategies and asset information strategy. By creating precise linkages between asset management processes that consume data and the asset maintenance processes that acquire data, the maintenance strategy can be optimised and wasteful data collection tasks excised.

In September 2025 Dr. Jules Congalton will speak on this topic once again with an electricity industry focus at the Electricity Engineers’ Association Conference 2025 that runs 9-11 September. The full paper will be available from Asset Dynamics’ website here after this event. Read more about this paper here.

We would like to thank the Asset Management Council New Zealand Chapter Committee for inviting our involvement in this excellent event.