Automate the assessment, display, and reporting of the condition, risk, and criticality of all assets.
Atonix Digital Risk Assessment, powered by ASSET360®, automates the assessment, display, and reporting of the condition, risk, and criticality of all assets. This automation is vital for empowering organizations with the ability to make informed decisions. Understanding the probability and criticality of asset failures with an effective risk evaluation process helps organizations mitigate the risks associated with aging assets, whether measured in costs, the time needed to perform repairs or replacements, health and safety hazards, compliance issues, or reputation damage. By performing a quantitative risk analysis based on the potential failure of assets over time, organizations can formulate more effective operating and maintenance procedures to limit operational risk, plan capital rehabilitation or replacement projects with greater confidence, and improve safety, service quality, and productivity.