As vital infrastructure assets continue to age and communities seek more sustainable solutions to maintain and modernize these assets, the need for clients to implement robust asset management programs leveraging modern digital technology to produce data-driven solutions is crucial.

To better support our clients’ needs, STV is augmenting its comprehensive asset management ecosystem via our partnership with Fulcrum, which provides a state-of-the-art data collection application.

For our work, this partnership represents more than just a technological shift; it is a strategic alignment with our broader vision of redefining asset management processes.

Currently, STV’s asset management ecosystem integrates mobile data collection applications like Fulcrum and tailors how we use these tools to meet specific client and field requirements, ensuring flexibility and precision in gathering data.

Other tenets of our ecosystem include:

• Automated QA/QC management tools that streamline task assignments and record approvals while maintaining a complete history for reliability and traceability.
• Advanced reporting and dashboard capabilities that allow for full customization of exported inspection reports.
• A digital twin framework that focuses on integrating asset data from multiple sources and various data types.
• Virtual 3D walkthroughs and detailed asset analysis that enhance the comprehensiveness and accuracy of the data collected.

This integrated approach not only transforms the management and utilization of asset information but also supports data-driven decision-making through custom reporting that provides deep insights into client-specific conditions and needs. The custom reports our team develops help clients to understand their asset landscape thoroughly, supporting strategic initiatives and operational improvements.

Fulcrum, known for its user-friendly interface, complements our approach because it allows for swift data input via mobile devices, significantly reducing errors and enhancing overall effectiveness. Before integrating Fulcrum, the industry standard consisted of using more cumbersome applications and other basic tools. The shift to Fulcrum allows for a more streamlined and agile approach, enabling rapid configuration to match client business rules and asset types.

During our work with a public agency that oversees bus shelters, we leveraged Fulcrum to assess and merge datasets effectively, which led to data-driven recommendations for shelter replacements. This project exemplified how we could transition from traditional practices to a more advanced, tailored approach using mobile data collection.

Going forward, we are further exploring ways to leverage Fulcrum to augment our offerings to clients, we are making advancements to our asset management system that will:

• Create a more interactive and user-friendly web portal.
• Provide clients with various views and grouping options for their assets.
• Incorporate real-time cost details and prioritization scores for recommended projects.
• Refine our QA/QC methodologies by automating more of the quality control processes, and increase the efficiency of task assignments and record approvals.

As we continue to develop and enhance our asset management ecosystem, the core purpose remains clear: to deliver a suite of services that not only meets but anticipates the needs of our clients in a rapidly evolving digital landscape. This ecosystem is designed to leverage cutting-edge technology to provide comprehensive insights into asset conditions, enhance predictive maintenance, and optimize capital planning. It embodies our commitment to innovation and efficiency. Through this digitally driven approach, STV is not just following industry trends; we are setting them, providing our clients with unparalleled insights and capabilities that transform standard asset management into strategic asset intelligence.

The strategic partnership between STV and Fulcrum marks the start of a transformative journey, blending innovation with cohesive functionality. Together, we are poised to shape a future where data becomes not just a resource but a strategic asset, unlocking new dimensions of efficiency and insight.