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Your business relies on extensive inventories of capital equipment and infrastructure – geographically diverse, depreciating at varying rates, presenting considerable maintenance challenges. It’s essential that you manage those assets efficiently. Standards regulators worldwide have formalised asset risk management with business excellence models based on standardised specifications for asset life, finance, people and the environment. One such example is the UK’s PAS (Publicly Available Specification) 55. Asset risk management has become a board-level priority.
We can help your organisation create an integrated, secure network that enables consistent best practice for asset risk management and reporting to the regulator. Our cost-efficient solution incorporates the latest service-oriented methods and architectures, enabling you to act according to your priorities and available budget. By developing a thorough understanding of your asset base and the costs of its maintenance and operation you can identify the most suitable investment strategy, optimising returns for shareholders at the same time as you meet regulatory targets for performance, safety and customer service.
Managing risk and compliance isn’t just about dealing with legislation and security threats. It’s about creating a framework for IT governance that empowers your company to grow. Companies with effective IT governance strategies tend to be more profitable, have better credit ratings, and enjoy increased confidence from customers, investors and other key stakeholders.
BT will work with your business to manage compliance across your networked IT infrastructure, and enable you to understand and manage the risks associated with operating in a networked environment. We have extensive experience designing, delivering and managing effective IT governance frameworks, encompassing processes, services and solutions such as the BT Risk Cockpit™ – a unique executive dashboard and reporting tool.
You can benefit from our own experience as a highly regulated business, operating across multiple geographies and compliance regimes.