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  • The next generation of asset management applications are public cloud solutions that can facilitate communication across company boundaries (i.e. network based to bring together manufacturers, service providers and operators)

  • Collaboration between companies requires common and agreed lexicon(s) for describing asset information including classification (what it is), attributes (how it is configured), indicators (the health and life of it) and failure and reliability data (how it may or has failed)

  • Standards speed up implementation time, ensures common instead of individual knowledge (reducing training time and increasingly familiarity for new employees), facilitates bench-marking and many other well documented benefits


SAP has fundamentally developed the Intelligent Asset Management (IAM) suite based on Industry Standards. Design of IAM started in 2014 with the Asset Central Foundation concepts and content based loosely on ISO14224 which focuses on the:
Collection and exchange of reliability and maintenance data for equipment

describes data collection principles and associated terms and definitions that constitute a “reliability language” that can be useful for communicating operational experience.

ISO14224 may be an Oil & Gas and Petrochemical focused standard but we found that the reliability aspects of 14224 are applicable across all industries that want to improve asset and failure information design for quantitative and qualitative purposes. In addition ISO14224 aims to achieve:
 exchange of information between parties, e.g. plants, owners, manufacturers and contractors.

So regardless of whether you are exchanging information about vehicles, pumps, packaging machines (or any other equipment classes) the same well defined communication principles can be used. And as the Asset Intelligence Network is here to provide you communication with your customers, manufacturers and engineering companies it was a perfect start!

But we did not just base IAM on ISO14224. Today both SAP and our partners now deliver and maintain various content standards for classification of assets across various industries (e@class, EN15380 for rail etc). In addition communication to the IOT layer can be enabled via multiple industry standards including OPC-UA. And we fully embrace and deliver the holistic thought leadership as defined in ISO 55000.

In this blog I want to provide you examples of how industry standards can be utilized in your business by using Intelligent Asset Management (predominately via AIN but also in PdMS and ASPM and all other applications based on Asset Central Foundation).

You can see in the following example the types of “templates” that we support:

A model, equipment, system or location can have one or more templates. And templates are hierarchical meaning that they have inheritance of attributes and indicators from their (optional) parent template. As a customer you can define your own templates that either extend the industry standard templates (i.e. to add your own additional attributes and indicators) or you can create your own templates that are totally free of industry standard content. You still have the choice!

In the following tenant (i.e. customers instance of AIN, PdMS, ASPM etc) we have ISO14224, e@class and EN15380  content for templates, classes, attributes as out of the box content. The customer can see the industry standard and its associated ID (if applicable) when looking at each object:

And when searching for equipment the user can filter their results based on their desired industry standard template:

Based on customer feedback we designed the equipment, model, system and location page to make the Data Sheet (i.e. the attributes of an equipment) as the most important information so hence it comes first when a user views information about their object:

And in edit mode, we understand that manufacturers and operators will have to handle multiple industry standards - so the user can see either the total set of classification and attributes (the default), or a filtered view based on industry standard. In addition there is always one primary classification which the customer should choose if they have information from multiple industry standards being provided:

The following is another example of where we provide content for the standard types of Failure Mode is directly from 14224.

The type of failure mode is particular important for us to know if this is a critical or superficial failure which can then be used in life-cycle costing and remaining useful life estimates for the equipment.

In addition we provide standard categories of failure modes based on the primary class of an equipment. This includes examples to help an end user relate the various categories:

The above is just a few examples of where we have embedded industry standard content into the intelligent asset management suite from SAP. And SAP together with our partners are working on bringing many more industry standard content to your projects (like CFIHOS) in the near future.

Part of your ERP

The nice thing about all of the above is that we make industry standard content available as part of your ERP. If you have S/4HANA Cloud, S/4HANA on premise or even ERP6 this blog shows how this content can be part of your new S/4HANA implementation or to rapidly enhance your existing ERP system while you move to S/4HANA.


There are many other examples where we are actively working with industry standards, both content and concepts. Industry standards are a key component of our customers' expectations.  Industry Standards reduce complexity for our customers and improve speed of adoption to exploit data across company boundaries. our approach to industry standards is a game changer and a key differentiator that SAP is providing to our customers at a global level.

We recommend that you advantage of asset central foundation based industry standards as a key part of your S/4HANA project now.


This is from an ongoing series of blogs covering top topics for asset management practitioners and experts. The other blogs in the series are: