Asset management standard
3 Jun 2014
Companies across the globe are responding well to the new ISO 55000 world standard for asset management, according to power-engineering specialist EA Technology.
The company has reported significant interest from businesses that are keen to achieve the new international ISO 55000 certification, which establishes a benchmark for managing assets with greater reliability, efficiency and safety.
Paul Barnfather, technical director at EA Technology, said: “The new standard was only launched in February but we’ve had over 50 enquiries from across different sectors in a very short space of time, coming to us for practical guidance and support to help their business attain ISO 55000.
“For a long time, the discipline of asset management was the preserve of corporations with large numbers of physical assets and hasn’t always been a key issue for other sectors. But what has benefited organisations such as utility companies for years can now be of benefit to all industries across the world.”
The new standard builds on the success of BSi PAS 55 which, after its launch in 2004, set the bar for asset management standardisation.
Despite being developed by the UK Institute of Asset Management and the British Standards Institution, it had input from ten countries and was adopted widely around the world, being translated into five different languages.
“While PAS 55 was a hugely important step in this process, and while it remains a vitally important accreditation for businesses with large assets, ISO 55000’s innovation lies in its inclusivity. Small businesses, service companies and other industries – such as financial institutions, councils and hospitals – should find it easier to reap the benefits,” Barnfather added.
For more information, please visit www.eatechnology.com
