Asset

Asset

An asset in the area of IIoT and digitization is an object. Asset stands for everything that requires a "connection" for an Industry 4.0 solution, which includes, for example, machines, their components if applicable, supplier material, products, documents (that are exchanged (plans, orders, contracts, purchase order), etc.).

In technical systems, these different assets interact in complex networks. Each asset has its own identity and its own life cycle. However, due to the interaction in the network, there are multiple dependencies between the life cycles of the assets involved.


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