In finance, asset management has to do with managing investments. In Industrial, asset management is about maximizing the value you get from an asset, throughout its lifecycle, in the most efficient, cost-effective way. In such a case, we’re seeing the asset as a physical item owned by the company, including property, building, cars, equipment, tools, and so on. In software for example, we don’t look at physical assets only; the knowledge in the developers’ brain is also seen as an asset!