Public Asset Management

By storing assets in a spatial database, along with GeoStack, a GIS focused application will allow users to distribute, collaborate, and manage those assets in a efficient and effective manner.

Extending Asset Life

During the life cycle of an asset, decisions about how to maintain and operate the asset need to be taken in context with the effect these activities might have on the residual life of the asset. An annual maintenance program may extend the life of an asset or the ongoing annual maintenance may surpass the orginal cost of the asset, therefore careful planning and analysis must take place.

By using GeoStack you can:

• Take advantage of a GIS-centric application for asset inventory/management
• Assign appropriate staff work orders for condition assessment/monitoring
• Schedule preventative maintenance inspections
• Increase coordination and communication among staff and departments
• Reduce the time to gather data and prepare reports necessary for public engagement

Hard Assets VS. Soft Assets

"Hard" assets can be defined as physical assets such as sidewalks, sewerlines, streetlights, and stop signs, while "soft" assets can be defined as intangible assets such as permits, licences, and code enforcement. Both "hard" assets and "soft" assets can be stored in a spatial database as both have a location and are a crucial part of any local government wanting to share this information among departments.