Asset Management & Process Automation
Introduction
A web-based solution provides a comprehensive platform for asset management and process automation. By encompassing asset modeling, analytics, risk and condition assessment, financial evaluation, and reliability engineering, it empowers organizations to capture, optimize, and automate critical decision-making processes.
This integrated approach enables businesses to derive maximum value from their assets while mitigating risks and improving operational efficiency.
Technology Challenges
The system was suffering from performance bottlenecks, including high latency and sluggish response times. The Access Control List (ACL) proved inadequate to address the challenges of managing resources within a collaborative environment. Additionally, system architecture was prone to failures, inefficiencies and task repetitions when handling concurrent jobs and reports, leading to resource wastage and inaccurate results. The system lacked robust transaction management and standardized workflows for computationally intensive tasks such as analytics, reporting, and decision automation.
Participation Type
Development
Tools & Technologies
- AWS
- .Net
- React
- Distributed System
- Serverless
- Cloud Watch
Product Features
The product's core functionality centers around a collaborative, user-friendly platform for asset management and advanced analytics. Requiring no specialized expertise, it empowers users to rapidly generate actionable insights.
The solution provides a streamlined and scalable framework for capturing, structuring, analyzing, and optimizing asset-related data. This comprehensive approach facilitates the creation of robust plans, budgets, and predictions through the utilization of standardized formats, while also accommodating custom requirements.
By fostering collaboration and data-driven decision-making, the platform drives operational efficiency and strategic advantage.
Industry
Analytics
Key Features
- Asset Management
- Advanced Analytics
- Decision Making
- Workflow Management
- Administrations
Participation
netfication team played a pivotal role in the development, and ongoing evolution of the system to align with the organization’s strategic objectives.
Their comprehensive involvement encompassed the entire software development lifecycle, from meticulous requirements analysis to robust system testing and post-implementation support.
This end-to-end ownership ensured the system's efficacy in meeting the organization's evolving business needs and driving overall strategic success.
Outcome
Following the system transformation, the infrastructure demonstrated a remarkable capacity to process a significantly higher number of requests per day. This increase in throughput was achieved while consistently maintaining low latency, thereby ensuring quick response times. Additionally, the system showed a notable improvement in resource utilization, particularly in the cloud environment, which optimized both performance and cost efficiency.
These enhancements were critical in aligning with the stringent service level agreements (SLAs) established with the partners. By adhering to these rigorous standards, we were able to guarantee the delivery of a reliable and high-quality software solution.
The successful implementation of these improvements has positioned the platform well to handle future demands and continue delivering exceptional service.