IMC is set to revolutionize how we think about Asset Management. Happening in Marco Island, Dec 16th - 19th 2024

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There are specific information system requirements listed in the FDIS version of the ISO55001 requirements document.  For example, in section 7.5.e, the document requires traceability between financial and technical asset data. The same section requires the data must meet legal and regulatory requirements (from agencies such as OSHA, EPA, FDA, etc.). When considering the requirements for financial and regulatory information, it is clear that an integrated system like SAP will be necessary to meet the requirements in the soon to be released ISO55000 standard.

Tip Provided By: Terry Wireman, CMRP   Senior Vice President

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