Today's public sector organizations face complex challenges on many fronts. Citizens expect high-quality services. Government agencies that regulate and fund public-sector organizations require increased reporting and accountability. And in the face of shrinking budgets, public agencies must continually find ways to operate more efficiently, cut costs, and spend taxpayer dollars wisely. Asset performance management has emerged as an effective strategy for meeting the challenges faced by the public sector. Asset performance management is a process that requires the ability to manage, maintain, and track assets, such as equipment, buildings, vehicle fleets, roads and pipelines, from purchase to disposal and to use asset data to operate more efficiently and make better business decisions.
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