Fleet management software firm AssetWorks has launched a new business intelligence cloud-based solution that enables organisations to take control of their asset data.

The new solution enables data-driven decision-making on maintenance operations and fleet utilisation

Dubbed Asset Analytics, it consolidates internal and external assets to provide comprehensive business intelligence content, standard KPI/metrics, visualisations and self-service reporting. This can enable data-driven decision-making on maintenance operations and fleet utilisation, supported by the future use of artificial intelligence (AI).

Buyers can analyse and report on all costs associated with fleet assets, including labour, parts, commercial and energy. The platform can also generate additional reports on current labour productivity, maintenance summary and asset utilisation history. All reports are easily accessed on one page and are customisable to any fleet’s design needs.

Mike Gadd, managing director of AssetWorks, explained: “Information not data has always been the priority, Asset Analytics is the gateway to providing the support to agile decision-making based on well-presented and relevant intelligence. Accurate trend management, aligned with the future use of AI, will strengthen Asset Analytics in forecasting key issues and predicting accurate fleet changes, requirements and replacements.”

The solution was revealed to over 400 global customers at AssetWorks’ annual customer event in Hollywood, California, where it was met with very positive feedback.

Mike Gadd added: “It’s an exciting solution designed to support a rapidly changing fleet operation.”