The key to the Open platform. We create one identity for each asset as the foundation for all of our products and make it readily available.
It doesn't matter if you own it, rent it, service it or finance it; at least you all know you are talking about the same asset.
Create an asset identity with commonly known properties of the asset
Each asset is given a globally unique identifier across all parties so everyone knows they are talking about the same thing.
Use the ID to collect, manage and share asset data.
From the moment and asset is manufactured to the day it is disposed it has the same Open Asset Identity. This ensure you are talking about the same asset when working with others and ensures you understand the asset through its life-cycle.
Once everyone is talking about the same thing, everything gets easier from there and all involved get the benefits.