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| title | chunk | source | category | tags | date_saved | instance |
|---|---|---|---|---|---|---|
| Asset management | 2/2 | https://en.wikipedia.org/wiki/Asset_management | reference | science, encyclopedia | 2026-05-05T14:13:38.787771+00:00 | kb-cron |
Natural assets include things such as forests, marine areas, peatlands, and farmland. To manage and invest in these assets, Natural asset companies (NACs) are a new type of company designed to give private investors a vehicle for direct investment in conservation and regenerative land management. NACs license rights to the value of natural assets, including ecosystem services such as carbon retention, freshwater generation, groundwater storage, pollination, and erosion prevention. They are intended to manage designated areas, such as forests, grasslands, marine areas, or farms and ranches. NACs have an equity capital structure. In September 2021, the New York Stock Exchange (NYSE) and Intrinsic Exchange Group (IEG) jointly announced plans to introduce NACs as a publicly listed asset class. The NYSE filed a listing proposal with the U.S. Securities and Exchange Commission (SEC), intending to allow NACs to be traded publicly, but withdrew the proposal in January 2024 amid political backlash. IEG continues to advance NACs in private markets and to assist landowners and companies in setting up natural asset companies. Criticisms of these newly emerging forms of asset question have come from the political left and right. Right-wing critics argue NACs could be used to lock up public lands. Opposition from the left has reflected concerns that market solutions are not a responsible mode of stewardship for natural assets. Supporters argue that NACs incentivize landowners to conserve and improve the natural capital as it correlates to the value of the company, and investors are rewarded for gains in the value of the underlying natural assets.
=== Software asset management ===
SAM is a sub-discipline of IT asset management.
=== ISO standard for asset management === The International Organization for Standardization published its management system standard for asset management in 2014. The ISO 55000 series provides terminology, requirements, and guidance for implementing, maintaining and improving an effective asset management system. The key to forming a structure of this sort is directly connected to local governance.
Physical asset management: the practice of managing the entire life cycle (design, construction, commissioning, operating, maintaining, repairing, modifying, replacing, and decommissioning/disposal) of physical and infrastructure assets such as structures, production, and service plant, power, water, and waste treatment facilities, distribution networks, transport systems, buildings, and other physical assets. The increasing availability of data from asset systems is allowing the principles of Total Cost of Ownership to be applied to facility management of an individual system, a building, or across a campus. Physical asset management is related to asset health management. Infrastructure asset management expands on this theme in relation primarily to the public sector, utilities, property, and transport systems. Additionally, Asset Management can refer to shaping the future interfaces between the human, built, and natural environments through collaborative and evidence-based decision processes Fixed assets management: an accounting process that seeks to track fixed assets for financial accounting IT asset management: the set of business practices that join financial, contractual, and inventory functions to support life cycle management and strategic decision making for the IT environment. Digital asset management: a form of electronic media content management that includes digital assets
=== Enterprise asset management === Enterprise asset management (EAM) systems are asset information systems that support the management of an organization's assets. An EAM includes an asset registry (inventory of assets and their attributes) combined with a computerized maintenance management system (CMMS) and other modules (such as inventory or materials management). Assets that are geographically distributed, interconnected or networked, are often also represented through the use of geographic information systems (GIS). GIS-centric asset registry standardizes data and improves interoperability, providing users the capability to reuse, coordinate, and share information efficiently and effectively. A GIS platform combined with information of both the "hard" and "soft" assets helps to remove the traditional silos of departmental functions. While the hard assets are the typical physical assets or infrastructure assets, the soft assets might include permits, licenses, brands, patents, right-of-ways, and other entitlements or valued items.
=== Public asset management === Public asset management expands the definition of enterprise asset management (EAM) by incorporating the management of all things of value to a municipal jurisdiction and its citizens' expectations. An example in which public asset management is used is land-use development and planning.
== Intellectual and non-physical asset management == Increasingly both consumers and organizations use assets, e.g. software, music, books, etc. where the user's rights are constrained by a license agreement. An asset management system would identify the constraints upon such licenses, e.g. a period. If, for example, one licenses software, often the license is for a given period. Adobe and Microsoft both offer time-based software licenses. In both the corporate and consumer worlds, there is a distinction between software ownership and the updating of software. One may own a version of the software, but not newer versions of the software. Cellular phones are often not updated by vendors, in an attempt to force a purchase of newer hardware. Large companies such as Oracle, that license software to clients distinguish between the right to use and the right to receive maintenance/support.
== See also ==
== References ==
== Further reading == Baird, G. "Defining Public Asset Management for Municipal Water Utilities". Journal American Water Works Association May 2011, 103:5:30, www.awwa.org Global Forum on Maintenance and Asset Management, "The asset Management Landscape - Second Edition", Gfmam.org March 2014, gfmam.org/webform/download-the-am-landscape-v2 "Guide to the Systems Engineering Body of Knowledge (SEBoK)". SEBOKWiki.org. Retrieved 2025-11-12.
== External links ==
ISO/TC 251 - ISO Asset Management Information ISO page for ISO 55000 IAM page for an introduction to Asset Management Archived 2024-08-08 at the Wayback Machine Stages in IT Asset Lifecycle Management