Asset-heavy governments across the world set aside an abundance of money and time in managing assets owned by the public, state or government. Government fixed assets like roads, bridges, building structures, military equipment, water systems, power grids, wastewater systems, mechanical systems, vehicles and more remain “fixed” assets because governments put enormous efforts in conserving the conditional health, sustaining the performance and eliminating or mitigating risks of non-current assets.

However, in the long run, these assets deteriorate- in other words, degrade and decline value- with time, which is a huge drawback for public asset managers since replacement, repair and maintenance of such assets takes hoards of public money, time and effort. To add more brunt to this challenge, these infrastructure and assets are instigated for serving expansive communities, therefore, accommodating disparate locations. This is why asset managers of the new age are demanding state-wide visibilities to ensure all assets are interconnected and collectively maintained to meet their best conditional and structural levels despite the impactful changes they undergo dynamically.

This is why having a comprehensive idea of the GIS (Geographical Information System) technology is a key technological advantage for most governmental fixed asset managers. This article discusses the perks of GIS technology and how the government can drive towards a promising asset future by utilising it.