Introduction
Welcome! In this lesson, we will explore the purpose of over.vu's application, Assets. The goal is to help you understand its core functionality.
Assets
Assets helps teams move away from multiple spreadsheets and outdated records by centralizing all data into a single and trustworthy hub. Within this application, you can find and monitor your assets quickly and efficiently, know what condition they’re in, what existing work has been performed on them, what current work is being done to them, identify which ones need further attention and create work for them. Instead of relying on tribal knowledge or disconnected tools, Assets brings clarity, consistency, and traceability to every part of asset management.
Reduces Asset-Related Risk
Eliminates uncertainty caused by inconsistent or outdated asset information by consolidating all data points
Reduces disparate sources with a single, authoritative source of truth, preventing gaps in recordkeeping that can lead to compliance, safety, or operational risk
Improve Accuracy & Operational Efficiency
Removes manual duplication of asset information across teams or systems
Reduces time wasted searching for asset details by keeping everything centralized
Ensures every asset follows a consistent structure, reducing errors and rework
Automatically reflects work done on assets so teams don’t have to update other sources
Enable Scalable, Flexible Asset Management
Removes the repetition of redesigning systems every time a new asset type is introduced or changes
Adapts to evolving project requirements without relying on technical resources
Simplifies managing relationships between assets so teams can understand dependencies and impacts
Future Goals
The next evolution of Assets is focused on helping teams move from reactive asset management to foresight and prevention.
Proactively Identify Environmental & Climate Risk
Helps teams get ahead of climate-driven damage instead of responding after the fact
Eliminates the need to manually cross-reference asset lists with external hazard maps
Supports more informed budgeting and emergency planning based on real-time risk overlays
Unified Health Scoring Model
Synthesize all asset attributes (structural condition, corrosion data, material type, age, maintenance history, and more) into a single, clear indicator, a unified health scoring model
Remove guesswork and subjective assessment when determining which assets need attention
Proactively call-out high-risk or deteriorating assets to ensure they don’t go unnoticed in routine operations
Enable long-term planning by showing health trends over time, not just point-in-time snapshots
Wrap up
Check Your Understanding
In this lesson you learned about:
How asset management works in Assets
Upcoming objectives of Assets
Next up:
The next lesson of this course covers how to find your assets by navigating the map and list view.