Data will be playing a crucial role in the fourth industrial revolution. In fact, information is the key to a successful business. With A. I data will be analyzed and duplicate or incomplete data will be eliminated. After that whenever a new asset will be added complete information will be added in the application so that asset lifecycle management can be done easily. With the application, the asset will be monitored 24*7 and accurate alerts will be sent to the user so that decisions can be made easily.