Businesses offering comprehensive "physical asset" management services. A physical asset (in this category) would be an item purchased by a business in order to help that business make money. If one of these items is poorly or inefficiently used, then it hasn't been "managed" well. Clearly, maximizing the moneymaking "power" of an asset is of great importance to any business. When properly executed, Physical Asset Management can significantly impact on an organization's bottom line by

• reducing maintenance costs
• increasing the economic life of capital equipment
• reducing company liability
• increasing the reliability of systems and components
• reducing the number of system and component failures